Remaking the Wealth of the Nations - by Shamsul A Chowdhury (Paperback)

Book Synopsis

This book investigates the factors contributing to the disparities in the "wealth of nations." In 2015, Canada and the U.S. reported GDP per capita figures of $43,248.50 and $56,115.70, respectively, while Mexico trailed with $9,005 despite its proximity. Why doesn't Malawi's per capita income match Luxembourg's or the U.S.'s? What has caused many macroeconomic and microeconomic studies to fail to enhance the economy? Have the principles of capitalism and communism completely disappeared? Is it time for the world to explore a different strategy or formula for economic improvement?

"Remaking the Wealth of the Nations" thoroughly examines diverse economies, economic theories, and concepts to pinpoint the shared factors behind economic successes and failures. Ultimately, this book proposes actionable solutions by articulating a new concept of "Artificial Productivity," which is intended to aid economists, leaders, and policymakers in revitalizing economies.