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The Monopoly of Progress: Deconstructing the Myths of Global Development

Key Insights
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  • Developed nations achieved prosperity through protectionism but now demand free trade from developing countries.
  • Institutional reforms often follow economic development, not precede it.
  • Intellectual property regimes can hinder technological catch-up for latecomers.

References
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  1. Chang, H.-J. (2002). Kicking Away the Ladder: Development Strategy in Historical Perspective. Anthem Press.
  2. Reinert, E. S. (2007). How Rich Countries Got Rich… and Why Poor Countries Stay Poor. PublicAffairs.
  3. Wade, R. H. (2003). “What strategies are viable for developing countries today? The World Trade Organization and the shrinking of ‘development space’.” Review of International Political Economy, 10(4), 621-644.
  4. Amsden, A. H. (2001). The Rise of “The Rest”: Challenges to the West from Late-Industrializing Economies. Oxford University Press.
  5. Stiglitz, J. E. (2002). Globalization and Its Discontents. W.W. Norton & Company.