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HOW NATIONS SUCCEED
Murat A. Yülek
This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a
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The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.
My old father used to have a saying: If you make a bad bargain, hug it all the tighter.
No two persons ever read the same book.
Fortune sides with him who dares.
It is not the man who has too little, but the man who craves more, that is poor.
Whatever the mind of man can conceive and believe, it can achieve.
It is what you read when you don’t have to that determines what you will be when you can’t help it.
Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.