@dominik · read in 2021
This book should be titled “What to do (and not do) if you’ve just been handed the reins of power in a developing country,” because it’s almost a manual for what works (and what doesn’t) in developmental economics. Compellingly argues that what works for a full-powered, developed economy is a different brew than what a developing economy needs. Alas, then, that many of our global institutions have been prescribing the wrong medicine for decades.