About this item
Highlights
- This book has found out the reasons as to why the "wealth of nations" differ from each other?
- Author(s): Shamsul A Chowdhury
- 268 Pages
- Business + Money Management, Development
Description
Book Synopsis
This book has found out the reasons as to why the "wealth of nations" differ from each other? Why the GDP per capita of Canada, and the U.S. were $43,248.5 and $56,115.7 respectively in 2015, whereas Mexico was languishing at $9,005, despite sharing common borders? Why is the per capita of Malawi not identical to Luxembourg or USA? Why the mountains of macro and micro economic studies failed to grow the economy up to expectation? Have the theories of capitalism and communism dissipated into thin air? Should the world think about an alternative option or formula for a better economy?
"Remaking the Wealth of the Nations" has carried out extensive research on different economies, economic theories, ideas, and found out the common causes of economic successes and failures of the economies. Finally, this book has given out appropriate solution through clearly defining and explaining a new formula of "Artificial Productivity" to help the economists, leaders, and policy makers to remake the economies.