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A country can still catch up all the way to developed-country income without producing a world-beating national champion manufacturer.
Drawn from what Noah Smith said
What Noah Smith actually said
- Noah Smith Economics writer; author of the Noahpinion newsletter
This is extremely encouraging, as it shows that countries can still catch up all the way to developed status even without world-beating national champion manufacturers like Samsung and Hyundai.
Where this was said
↗Developing countries: A follow-upnoahpinion.blog
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