Producers in developing countries entering new industries need a period of (partial) insulation from international competition (through protection, subsidies and other measures) before they can build up their capabilities to compete with superior foreign producers. Of course, when the infant producers 'grow up' and are able to compete with the more advanced producers, the insulation should go. But this has to be done gradually. If they are exposed to too much international competition too soon, they are bound to disappear.
Ha-Joon ChangRelated topics
able bound build competition course developing done entering foreign infant insulation international need partial period protection should superiorRelated quotes
If every day a man takes orders in silence from an incompetent superior, if every day he solemnly performs ritual acts which he privately finds ridiculous, if he unhesitatingly gives answers to questionnaires which are contrary to his real opinions and is prepared to deny his own self in public, if he sees no difficulty in feigning sympathy or even affection where, in fact, he feels only indifference or aversion, it still does not mean that he has entirely lost the use of one of the basic human senses, namely, the sense of humiliation.
Václav Havel
Survival, with honor, that outmoded and all-important word, is as difficult as ever and as all-important to a writer. Those who do not last are always more beloved since no one has to see them in their long, dull, unrelenting, no-quarter-given-and-no-quarter-received, fights that they make to do something as they believe it should be done before they die. Those who die or quit early and easy and with every good reason are preferred because they are understandable and human. Failure and well-disguised cowardice are more human and more beloved.
Ernest Hemingway
The man who has struggled bravely with the passions of the body, has fought ably against unclean spirits, and has expelled from his soul the conceptual images they provoke, should pray for a pure heart to be given him and for a spirit of integrity to be renewed within him (cf. Ps. 51:10). In other words, he should pray that by grace he may be completely emptied of evil thoughts and filled with divine thoughts, so that he may become a spiritual world of God, splendid and vast, wrought from moral, natural and theological forms of contemplation.
Maximus the Confessor
A year ago we had undertaken no specific commitments on the Continent of Europe, beyond those which had then existed. ... To-day we are bound by new agreements for mutual defence with Poland and Turkey; we have guaranteed assistance to Greece and Rumania against aggression. ... We know that, if the security and independence of other countries are to disappear, our own security and our own independence will be gravely threatened. We know that if international law and order is to be preserved, we must be prepared to fight in its defence.
Edward Wood, 1st Earl of Halifax
The decline of narrative can be seen as an effect of the blossoming of techniques and technologies since the Second World War, Which has shifted emphasis from the ends of action to this means; it can also be seen as an effect of the redeployment of advanced liberal capitalism after its retreat under the protection of Keynesianism during the period of 1930-1960, a renewal that has eliminated the communist alternative and valorized the individual enjoyment of goods and services.
Jean-François Lyotard
