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Prof. Ha-Joon Chang of Cambridge argues in this book that developed countries used some measures for promoting their economy in their earlier days of development, which they are now blaming for making the economies of developing country worse and the world economic order unfree.
The author reverses this logic. According to his arguments, policy-suggestions from such arguments of developed countries are in fact making the economy in developing countries lag behind and its development impossible, and such a rule of game in the world economy now can be rather unfair to them because developing countries even are often punished due to their using of the very same methods which developed ones used in the past.
As a critique of neo-liberal market fundamentalism, this book is very iconoclastic because it gives readers a sophisticated understanding of the real history of industrial development as well as pleasure of reading an academically original and creative work. This book is above all analytical in terms of using the method of historical comparisons. Some comparisons may be too bold. But its creativity and integrity in organizing the research overcome the limits of bold comparison.
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