A Quote by Ha-Joon Chang

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.
Few countries have become rich through free-trade, free-market policies, and few ever will.
In a system of free trade and free markets poor countries - and poor people - are not poor because others are rich. Indeed, if others became less rich the poor would in all probability become still poorer.
Climate change hype has grave real world consequences. It gets rich countries to adopt silly policies and to impose devastating eco-imperialism on poor countries. The world's rich millions can afford environmental extremism; its poor billions can't. Climate change pseudo-science about human causality has been exposed repeatedly. What's less appreciated is that there aren't more natural disasters in need of an explanation.
European officials thought that austerity was part of what they called their 'convergence policies,' of trying to bring countries together. Instead, it actually made things worse. There's more inequality within countries and more disparity across countries.
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.
If Texas and Kansas were countries they wouldn't be admitted to the World Trade Organization. Their policies are congruent with North Korea, Somalia, Turkestan, several other countries I can't pronounce and Micronesia.
While Argentina, Brazil, and Chile - what in textbooks used to be called the ABC countries - seem settled into democratic politics and free market economics, the Andean countries are in disarray.
If the level and amount of consumption and waste of the western rich countries ever reaches the poor countries, it will mean the end of humanity. The big world corporations are busy doing it...The production, selling, consumption, accumulation, wastes' and advertisement explosions in the western rich countries and the continued population explosion in the poor countries will turn into major catastrophes.
World trade depends on differences among countries, not similarities. Different countries are in different stages of development. It is appropriate for them to have different patterns, different policies for ecology, labor standards, and so forth.
There are emerging countries. I mean, there are countries, you know, China, India, and Brazil, and all of these countries that are emerging. They are building homes. They are building - so there is a new lifestyle.
That means we get other countries to play by our rules. You add up all the countries that we have trade agreements with, we have a surplus with them. You add up the countries we do not have a trade agreement with, that`s where a massive trade deficit comes from. So our goal is to get free trade agreements, and that means we get other countries to play and live by our rules so we can level the playing field.
I have respect for leaders who defend the interests of their countries. Angela Merkel policies are positive for Germany, but they are unfortunately harmful for all other countries.
Rich countries want unfettered access to poor countries' markets, which are often heavily protected by tariffs, but they don't want to give up all the protections for their own goods and services.
A cynic had defined aid as simply the system by which poor white people in rich countries gave money to rich black people in poor countries to put into Swiss bank accounts.
Aid is the process by which the poor in rich countries subsidize the rich in poor countries.
In Africa, you only have an independent media in only eight African countries, so there is very little transparency. The best gift that rich countries can give Africa is Radio Free Africa and Radio Free Africa will do for Africa what Radio Free Europe did for Europe.
This site uses cookies to ensure you get the best experience. More info...
Got it!