The Poland/Malaysia model - by Noah Smith - Noahpinion

noahpinion.substack.com · 3,222 words · saved by 1 readers

A get-upper-middle-class-quick scheme

This is the second-to-last post in my long-running series about developing-country industrialization. The final one will be about India. Today’s, however, is about two of the most successful industrializers of the last three decades: Poland and Malaysia. The generally acknowledged development champion of the modern world is South Korea. Joe Studwell, the author of How Asia Works, uses Korea as his paradigmatic success story, as does the economist Ha-Joon Chang (who grew up there). Chang and Studwell’s ideas have forced mainstream economists to take another look at industrial policy — in…

The Poland/Malaysia model - by Noah Smith - Noahpinion

related reading