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Developing countries: A follow-up

Noah Smith · 14 Jul 2025

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What keeps poor countries poor is political and economic instability, not a shortage of well-designed programmes.

The main lesson from these countries is that political and social instability destroys development, and tends to be very hard to kick.

Also said by Chris Blattman

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  1. These countries should leave us hopeful that industrialization is still possible in this day and age, although it’s hard.
  2. Whether India can get rich will determine much of the course of human flourishing over the next century.
  3. If countries want to be great manufacturers, they can’t just find a few industries they’re good at; they need to work on developing whole domestic ecosystems of interrelated industries.
  4. Being a natural resource exporter has saved Indonesia from poverty, but it won’t be enough to get rich.
  5. The main lesson from these countries is that political and social instability destroys development, and tends to be very hard to kick.
  6. 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.

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