Showing results for "Poverty Traps" in All Categories
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How China Escaped the Poverty Trap
- Written by: Yuen Yuen Ang
- Narrated by: Catherine Ho
- Length: 11 hrs and 50 mins
- Unabridged
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How can poor and weak societies escape poverty traps? Political economists have traditionally offered three answers: "stimulate growth first," "build good institutions first," or "some fortunate nations inherited good institutions that led to growth." Yuen Yuen Ang rejects all three schools of thought and their underlying assumptions: linear causation, a mechanistic worldview, and historical determinism. Instead, she launches a new paradigm grounded in complex adaptive systems, which embraces the reality of interdependence and humanity's capacity to innovate.
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How China Escaped the Poverty Trap
- Narrated by: Catherine Ho
- Length: 11 hrs and 50 mins
- Release Date: 22-11-22
- Language: English
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