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From 18th Century Britain to 20th Century South Korea
with
Ha-Joon Chang
Professor of economics at the University of Cambridge and author of Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
Wednesday, January 30th, 2008
8:30 AM- 9 AM ♦ Registration and breakfast
9:00 AM-10 AM ♦ Presentation and Q&A
The Korea Society, 950 Third Avenue, Eighth Floor, New York City
(Building entrance on SW corner of Third Avenue and 57th Street)
Over the last two and half decades, most developing countries have experienced slowing growth, rising inequality and greater economic instability. Ha-Joon Chang attributes these problems to a raft of policies—such as privatization, free trade and strong intellectual property protection—imposed on the developing world in bad faith by developed countries and the international organizations they control.
Chang believes the historical experience of developed countries, and those like South Korea that have gone from developing to developed status in recent decades, reveals the ineffectiveness of these macroeconomic policies. What the world economy really needs, he contends, is a new economic system that prioritizes long-term productivity.
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About the Speaker
Ha-Joon Chang has taught in the University of Cambridge’s economics
department since 1990. He has authored or co-authored nine books,
including Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism and Kicking Away the Ladder: Development Strategy in Historical Perspective.
His writings have been translated into 15 languages. Chang has also
worked as a consultant for numerous international organizations,
including the World Bank and the Asian Development Bank. He is the
recipient of the 2003 Myrdal Prize, awarded by the European Association
for Evolutionary Political Economy, and the 2005 Leontief Prize for
Advancing the Frontiers of Economic Thought, whose previous winners
included John Kenneth Galbraith and the Nobel Laureate Amartya Sen.
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