Quotessence
Home / Authors / Ha-Joon Chang
Ha-Joon Chang

Ha-Joon Chang Quotes

Economist

Filter quotes by topic

AllPeopleEconomicsCountryEconomicFree MarketCapitalismDoeEconomyIfsIncomeRichFree TradeImportantNeedsPoorProductsCompetitionDemocracyDevelopmentEconomic Development

Famous Ha-Joon Chang Quotes

“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.”

PeopleWorldHas BeensCountryRichWrittenInvolvedStandardsCapitalismTradeHistoricalDevelopingPerceiveFree MarketFree TradeDouble StandardDeveloping Countries
Book:Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
Create image

“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.”

WantCountryPastUsedPoorRichPolicyTradeCompetitorsFree MarketLaddersEmergingFree TradePoor CountriesRich CountriesNationalistic
Book:Bad Samaritans: The Guilty Secrets of Rich Nations and the Threat to Global Prosperity
Create image

“As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.”

HumansDoeMadeStillsShowsUsedNationsTechnologyMaterialsProductsHairIndustryMajorsLowsTradeSouthInternationalFishesActiveUsed To BeParticipationTradingInfantItems1960sKoreaPursuedGarmentsRaw MaterialsFree TradeWigsSeaweedSouth KoreaTextilesInternational TradeExportingActive Participation
Book:Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
Create image