Ha-Joon Chang Quotes About Trade
-
Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.
→ -
The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.
→ -
As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.
→
Related Authors
-
Steve Keen Economist -
Friedrich List Economist -
Jonas Jonasson Journalist -
Thomas Piketty Economist -
Dani Rodrik Economist -
David Harvey Professor -
Paul Collier Professor -
Michael Sandel Philosopher -
Herman E. Daly Economist -
Thomas Friedman Journalist -
Lee Kun-hee Business magnate -
Joseph Stiglitz Economist -
Gunnar Myrdal Economist -
Amartya Sen Economist -
John Kenneth Galbraith Economist -
John Maynard Keynes Economist -
Mark Weisbrot Economist -
Paul Krugman Economist -
William Easterly Economist -
James K. Galbraith Economist