ISBN-13: 9780415705820 / Angielski / Miękka / 2014 / 354 str.
ISBN-13: 9780415705820 / Angielski / Miękka / 2014 / 354 str.
This book argues that growth based on natural resources or geographical advantages will sooner or later hit the wall. To go from middle to high income, a country must install a national mindset and institutions that encourage human capital accumulation. The free market model can take a country only to lower middle income.