3 ms·
This is not correct (or at least strongly disputed) as Cambridge University economist Ha Joon Chang explains in his book “Kicking Away the Ladder”. In essence,
by philipps 8y ago
This is not correct (or at least strongly disputed) as Cambridge University economist Ha Joon Chang explains in his book “Kicking Away the Ladder”. In essence, there is historical evidence that development through protectionism (and appropriation) has worked out well for the UK and the US.