Global economist Dambisa Moyo issues some sobering advice to Western countries: Stop the political proselytizing in economic arenas; such preaching is irrelevant to developing nations, many of which prefer to emulate China, a nation that delivers economic growth unencumbered by political ideation. getAbstract recommends Moyo’s articulate, eye-opening lecture to economists, development organizations and businesses with a stake in developing economies.
In this summary, you will learn
- Why political freedom and capitalism are interconnected in Western ideology,
- Why this doctrine is irrelevant in developing nations, and
- Why emerging economies prefer to emulate China’s success than to follow the West’s development blueprint.
About the Speaker
Dambisa Moyo is a global economist. She wrote Winner Take All and Dead Aid.