Industrialisation is still vital to economic development but some countries are struggling to reap its benefits
- Written by Jostein Hauge, Assistant Professor in Development Studies, University of Cambridge
SvedOliver/ShutterstockAlexander Hamilton, one of the founding fathers of the US, wrote a wealth of reports that served as building blocks for the country’s economic system. In 1791, during his time as secretary of the Treasury, Hamilton published one of his most important: the Report on the Subject of Manufactures.
It argued that the US...
