Listen free for 30 days

Listen with offer

  • How Nations Escape Poverty

  • Vietnam, Poland, and the Origins of Prosperity
  • By: Rainer Zitelmann
  • Narrated by: Jonathan Yen
  • Length: 6 hrs and 45 mins

£0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.

How Nations Escape Poverty

By: Rainer Zitelmann
Narrated by: Jonathan Yen
Pre-order: Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Pre-order Now for £10.29

Pre-order Now for £10.29

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Summary

During the twentieth century, Vietnam and Poland were both victims not only of devastating wars, but also of socialist planned economies that destroyed whatever war hadn’t already. In 1990, Vietnam was still one of the poorest countries in the world, while Poland was one of the poorest in Europe. But in the three decades since then, both countries have drastically improved their citizens’ standards of living and escaped the vicious cycle of national poverty.

In this book, Rainer Zitelmann identifies the reasons behind the sensational growth of both nations' economies, drawing out the lessons that other countries can learn from these two success stories. To explain the source of their success, he returns to Adam Smith's 1776 treatise, The Wealth of Nations: the only way to overcome poverty is through economic growth, and economic freedom is the crucial prerequisite for such growth. Developments over the past 250 years have proved Smith right.

Despite these strides, almost ten percent of the world's population still lives in extreme poverty. So, what measures actually help to alleviate poverty today? Through a wealth of data and stories from the everyday lives of Polish and Vietnamese people who experienced reforms, Zitelmann demonstrates the persistent relevance of Smith's ideas to economic flourishing in the twenty-first century.

©2024 Rainer Zitelmann (P)2024 Tantor Media
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about How Nations Escape Poverty

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.