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About the book
  • Published: 1 September 2010
  • ISBN: 9781407005324
  • Imprint: Cornerstone Digital
  • Format: EBook
  • Pages: 288
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Bad Samaritans

The Guilty Secrets of Rich Nations and the Threat to Global Prosperity




A radical look by a leading economist at the issues surrounding globalization.

It's rare that a book appears with a fresh perspective on world affairs, but renowned economist Ha-Joon Chang has some startlingly original things to say about the future of globalization. In theory, he argues, the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. In practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed.

Why? Self-interest certainly plays a part. But, more often, rich and powerful governments and institutions are actually being 'Bad Samaritans': their intentions are worthy but their simplistic free-market ideology and poor understanding of history leads them to inflict policy errors on others. Chang demonstrates this by contrasting the route to success of economically vibrant countries with the very different route now being dictated to the world's poorer nations. In the course of this, he shows just how muddled the thinking is in such key areas as trade and foreign investment. He shows that the case for privatisation and against state involvement is far from proven. And he explores the ways in which attitudes to national cultures and political ideologies are obscuring clear thinking and creating bad policy. Finally, he argues the case for new strategies for a more prosperous world that may appall the 'Bad Samaritans'.

  • Pub date: 1 September 2010
  • ISBN: 9781407005324
  • Imprint: Cornerstone Digital
  • Format: EBook
  • Pages: 288

About the Author

Ha-Joon Chang

Born in South Korea, Ha-Joon Chang is a specialist in development economics and Reader in the Political Economy of Development at the University of Cambridge. In 2005, Chang was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. He is author of Kicking Away the Ladder: Development Strategy in Historical Perspective (2002), which won the 2003 Gunnar Myrdal Prize, and Bad Samaritans: Rich Nations, Poor Policies and the Threat to the Developing World (2007).

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Praise for Bad Samaritans

“A smart, lively and provocative book that offers us compelling new ways to look at globalization ”

Joseph E. Stiglitz, Nobel laureate in Economics, 2001

“Every orthodoxy needs effective critics. Ha-Joon Chang is probably the world's most effective critic of globalization. He does not deny the benefits to developing countries of integration into the world economy. But he draws on the lessons of history to argue that they must be allowed to integrate on their own terms”

Martin Wolf, Financial Times, author of 'Why Globalization Works'

“This is a marvellous book. Well researched, panoramic in its scope and beautifully written, Bad Samaritans, is the perfect riposte to devotees of a one-size-fits-all model of growth and globalization. I strongly urge you to read it”

Larry Elliott, Economics Editor, Guardian

“In this more polemical tract, [Chang] adds the spark of personal reflection ... and some mischievous rhetorical set-pieces.”

The Economist

“This is an excellent book...deploys the logical discipline of economics and its engagement with quantitative evidence, but does so in jargon-free prose that sparkles with anecdotes and practical observations.”

International Affairs


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