Monday, May 18, 2015
Elizabeth Chun, epilogue
I thought how wheelan broke down the question of if poor countries will become richer and more developed in forty years was interesting. He pulled that question out of the future and put it into the past by breaking it down into smaller questions. If the countries will make the institutions that can be supported in a market economy, if the industries can be bigger than sustainable agriculture just making food for themselves, if when this happens they can trade with other countries such as the United states and what they will do with their human capital. These are smaller questions, however they are still big questions with complicated and somewhat unknown answers. Many of the changes in order to make these poor countries become rich countries would incorporate large changes to the ways of life in these countries that have stayed the same for so long.
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