Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Implications and Applications

• Ha-Joon Chang's book «Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism» is used for critical analysis of free trade and globalization policies, offering alternative economic development strategies for developing countries.
• Information from the book is applied in economic policy development, emphasizing the importance of government intervention and protectionist measures to safeguard and develop national economies, especially in their early growth stages.
• The book serves as a source of arguments for policymakers and economists advocating for fairer trade policies that consider the interests of less developed countries.
• Ideas from the book are used in academic circles for discussing and studying the history of economic development, providing examples of how developed countries used protectionism and other measures to achieve economic success.
• Practical applications of the book's information also include revising and adapting strategies of international organizations like the World Bank and the International Monetary Fund regarding their economic policy recommendations for developing countries.