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Kicking Away the Ladder (Paperback)
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Kicking Away the Ladder (Paperback)
Series: The Macat Library
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South Korean economist Ha-Joon Chang used his 2003 work Kicking
Away The Ladder to challenge the central orthodoxies of development
economics, using his creative thinking skills to shine new light on
an old topic. Creative thinkers are often distinguished by their
willingness to challenge received ideas, and this is a central
aspect of Chang's work on development. Before Chang, the received
wisdom was that developing countries needed the same kinds of
economic policies and institutions as developed countries in order
to enjoy the same prosperity. But, as Chang pointed out, the
historical evidence showed that First World economic success was,
in fact, due to exactly the kinds of state intervention that modern
development orthodoxy shuns. Western affluence is the product of
precisely the kinds of state control - of protectionism and the
setting of price tariffs - that developed countries have since
denied the developing world in the name of economic freedom and
'best practice.' By insisting that Third World nations should adopt
these economic policies themselves, argued Chang, the West is
actually stifling Third World economic prospects - kicking away the
ladder. His carefully reasoned argument for a novel point of view
was closely based on the critical thinking skill of producing novel
explanations for existing evidence, and led many to question
development orthodoxies - sparking a rethink of modern development
strategies for less-developed countries.
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