Globalizing Poor Nations
The adoption of enhanced incentives for domestic enterprise in the Third World may help poor countries compete in the global marketplace, writes David Landes.
“Many if not most Third World countries see globalization as a device or pretext for imposing post- imperialist domination and exploitation by the West of the Rest,” writes David Landes. “These reactions are reinforced by the sense that history has done the losers wrong. … Part of the answer, if it can be made politically feasible, is the adoption of enhanced incentives for domestic enterprise. Indispensable is enterprise that is prepared to learn from the successes of others, and to adapt appropriate foreign practices and rules of the game.”