The Guilty Secrets of Rich Nations and the Threat to Global Prosperity
By (author) Ha-Joon Chang
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Bad Samaritans by Ha-Joon Chang
Book DescriptionIt's rare that a book appears with a fresh perspective on world affairs, but renowned economist Ha-Joon Chang has some startlingly original things to say about the future of globalization. In theory, he argues, the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. In practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed. Why? Self-interest certainly plays a part. But, more often, rich and powerful governments and institutions are actually being 'Bad Samaritans': their intentions are worthy but their simplistic free-market ideology and poor understanding of history leads them to inflict policy errors on others. Chang demonstrates this by contrasting the route to success of economically vibrant countries with the very different route now being dictated to the world's poorer nations. In the course of this, he shows just how muddled the thinking is in such key areas as trade and foreign investment. He shows that the case for privatisation and against state involvement is far from proven. And he explores the ways in which attitudes to national cultures and political ideologies are obscuring clear thinking and creating bad policy. Finally, he argues the case for new strategies for a more prosperous world that may appall the 'Bad Samaritans'.
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Book DetailsISBN: 9781905211371
(198mm x 129mm x 21mm)
Imprint: Random House Books
Publish Date: 1-May-2008
Country of Publication: United Kingdom
Books By Author Ha-Joon Chang
Economics: The User's Guide, Paperback / softback (October 2015)
From the internationally bestselling author and prizewinning economist--a highly original guide to the global economy.
Reclaiming Development, Paperback (January 2014)
A groundbreaking book by leading authors that fundamentally challenges the central tenets of development discourse - as relevant today as when it was originally published in 2004.
Public Policy and Agricultural Development, Paperback (December 2013)
This book critically re-examines the currently dominant paradigm of agricultural development policy from historical and comparative perspectives, examining the experiences of 11 developed countries in their earlier stages of development and the experiences of 10 developing and transition economies in the last half a century.
23 Things They Don't Tell You about Capitalism, Paperback / softback (January 2012)» View all books by Ha-Joon Chang
One of the world's most respected economists and author of the international bestseller "Bad Samaritans" equips readers with an understanding of how global capitalism works--and doesn't.
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Author Biography - Ha-Joon Chang
Ha-Joon Chang is a Cambridge economist who, for the past two decades, has taught and researched issues related to economic development and globalisation. He has also worked as a consultant for the World Bank, the Asian Development Bank, various UN agencies and for the governments of Brazil, Canada, Japan, South Africa, the UK, and Venezuela. He has published numerous articles and books, including Kicking Away the Ladder - Development Strategy in Historical Perspective, which won the 2003 Myrdal Prize and has been translated into seven languages . In 2005, he and Richard Nelson of Columbia University received the Leontief Prize. He has been on the editorial board of the Cambridge Journal of Economics since 1992.
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