Ha-Joon Chang - Are some countries destined for under-development?
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- Опубликовано: 6 фев 2018
- Dr Ha-Joon Chang delivered a lecture on are some countries destined for under-development?
Ha-Joon Chang is a political economist whose main research interests is the role of states in economic development, industrial policies and international trade. Currently teaching at the University of Cambridge, where he is the head of Masters programmes in Development Economics, he established himself as a vocal critic of the current approaches towards the integration of developing states in the global economy. Besides his work as an academic researcher and teacher, he has also served as an advisor to a large number of international bodies and national organisations, such as the UN, the World Bank, the Asian Development Bank, UK's Department for International Development, IPPR or Oxfam. In 2005, he was awarded, jointly with Richard Nelson of Columbia University, the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought.
Chang has written a number of books including Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, 23 Things They Don't Tell You About Capitalism and Economics: The User's Guide.
More about Ha-Joon Chang: en.wikipedia.org/wiki/Ha-Joon...
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Brilliant
2.30
south korea: about 25% of its university students are engineering majors, there are hagwons (ie. private supplementary "cram schools" for secondary school students...just imagine having just as many kumon learning centers as you do gas stattions), they have mandatory 2 year military inscription requirements for young adults, they emulated much of what their former colonizers (the japanese) left for them, they benefited tremendously from the loans provided subsidized by the us, the japanese and europe, they practice dogged protectionism and neomercantilism...ironicqlly just like the japanese. South koreans still have the highest suicide rate per capita of any oecd nation.
...which proves that wealth doesn't equal happiness. However, that is another discussion altogether. This is a debate about which economical model is the most efficient in developing a country. I admit both arguments are related but their is a difference, and an important one at that too.
Whether on per capita basis or total amount, South Korea is nowhere near the top on aid and subsidized loans received. Aid and subsidies played a non-negligible role but were not pivotal much like how the Marshall Plan wasn’t a pivotal factor behind Europe’s recovery.
Colonialism and imperialism, driven by capitalism account for the differences among nations.
no
no