December 2007
2 posts
1 tag
why some countries grow rich and others do not?
As I strolled down the streets of Paris and London last week, I thought why these countries prospered and Turkey, my country, did not. After all, Ottoman Empire (1299-1922) was the foremost power in the world at the height of its power in the 16th and 17th centuries. Of the many proposed solutions (technology, geography, history of lucrative colonization) the current favorite among economists is...