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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Books serve to show a man that those original thoughts of his aren’t very new after all.
If plan A fails, remember there are 25 more letters.
Live as if you were to die tomorrow. Learn as if you were to live forever.
Once you learn to read, you will be forever free.
Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it.
When buying shares, ask yourself, would you buy the whole company?
It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages.
A great book should leave you with many experiences, and slightly exhausted at the end. You live several lives while reading.
