4 ms·

What do you mean by "take off the brakes"?

• ivankirigin 19y ago
  Trade restrictions, high taxes, institutional corruption, ambiguous private property rights, lack of viability in contracts... You'd be amazed at how badly it seems some 3rd world countries want to fail.
  • pchristensen 19y ago
    But boy, take off those brakes and those countries can go fast! They get to use 150 years of Western industrial experiences and lessons learned without having to figure it out by trial and error.
  • asdflkj 19y ago
    How about a culture of violence and thievery? That takes decades of sustained effort to change, if not centuries. The things you've listed are merely symptoms. Saying that some 3rd world countries want to fail is like saying that endangered species want to go extinct.