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Title: Informative and thoughtful read
Review: This book demonstrates in detail how rich, industrialized nations did not develop in accordance with the prescriptions the World Bank and other international financial institutions currently foist upon poor nations. Instead many, including the U.S., employed protectionist policies that permitted their infant industries to become strong enough to compete internationally. It does raise questions regarding how any nation in the contemporary world could possibly modernize following these policies. Should note, that I have written long articles critical of development discourse and thus may be sympathetic - although it should also be noted that the book is largely factual - the author just documents what actually took place, even if it is a history that is rarely recounted in this context.
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