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Forget China – look at Zimbabwe, Mexico and Egypt

Where does growth come from? Why do some countries emerge and take on developed status while others flounder before reaching that stage?

Some once unlikely candidates have emerged as powerful economies. South Korea grew in two generations from a peasant economy devastated by war to a fully paid-up member of the developed world. Others far better placed have stumbled.

This is not simply a question of natural resources or of educational systems. Research led by Ricardo Hausmann at Harvard suggests growth is “driven by knowledge – at the level of society, not the individual”.

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约翰•奥瑟兹

约翰•奥瑟兹(John Authers)是英国《金融时报》的Lex主编,是manbetx app苹果 最具影响力的金融市场专家之一。他于1990年加入FT,曾经担任美国市场编辑、美国银行记者和墨西哥分社社长。奥瑟兹毕业于牛津大学,并且拥有哥伦比亚大学的MBA学位。

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