Author: Ha-Joon Chang
Translator: Seong-baek Hyeong
328 pages | 223*152mm
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About This Book
'The most important book about the world economy to be published in years.' Prospect 'This book is a joy: a fantastically useful teaching aid... a very necessary historical conscience in an age of amnesia.' The Business Economist 'A provocative critique of mainstream economists' sermons directed to developing countriesˇ¦ It demands attention.' Charles Kindleberger, Emeritus Professor of Economics, MIT 'A scholarly tour-de-forceˇ¦ essential reading for industrial policy-makers in the twenty-first century.' Lance Taylor, Professor of Economics, New School University 'ˇ¦a lively, knowledgeable and original contribution to international political economy.' John Toye, Professor of Economics, University of Oxford 'ˇ¦an original and immensely valuable contribution to current debates on development.' Peter Evans, Professor of Sociology, University of California, Berkeley How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. Adopting an historical approach, Dr Chang finds that the economic evolution of now-developed countries differed dramatically from the procedures that they now recommend to poorer nations. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' by which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves used.
Ha-Joon Chang has taught at the Faculty of Economics, University of Cambridge, since 1990. He has consulted for numerous international organizations, including the U nited Nations, the World Bank, and the Asian Development Bank. He has published eleven books, including Kicking Away the Ladder, winner of the 2003 Myrdal Prize. In 2005, Chang was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought.
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