How Should Developing Nations Grow?

They are worlds apart and have different needs.

The U.S. economic model might not work here.

Photographer: Yasuyoshi Chiba/AFP/Getty Images

Lant Pritchett is a development economist, which means that he studies why countries make (or fail to make) the transition from poor to rich. He teaches at Harvard’s Kennedy School of Government, which makes him pretty elite. I, on the other hand, have never even studied development economics. So when I say that I think Pritchett’s four criteria for determinants of development are almost entirely wrong, you should take it with several grains of salt. 

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