Contrary to the conventional wisdom, the historical fact is that the rich countries did not develop on the basis of the policies and the institutions that they now recommend to, and often force upon, the developing countries. Unfortunately, this fact is little known these days because the 'official historians' of capitalism have been very successful in re-writing its history.
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About Ha-Joon Chang
Ha-Joon Chang was a contemporary Korean south korean economist. Ha-Joon Chang is a South Korean economist and academic. Chang specialises in institutional economics and development, and lectured in economics at the University of Cambridge from 1990–2021 before becoming professor of economics at the School of Oriental and African Studies (SOAS) in 2022. Read more on Wikipedia →