How Countries Successfully Escape Poverty: Lessons from free-market economies

IEA Podcast - A podcast by Institute of Economic Affairs - Fridays

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Join Matthew Lesh, Director of Public Policy & Communications at IEA, as he hosts Rainer Zitelmann, Historian & Author, for an insightful exploration of poverty alleviation strategies discussed in Zitelmann's book "How Nations Escape Poverty."This week's question: how do nations escape poverty?Through critical analysis, Zitelmann underscores the significance of economic freedom and market-oriented reforms in fostering development, drawing on case studies from Vietnam to Poland to illustrate transformative economic shifts. By examining the role of entrepreneurship and market dynamics, the discussion challenges prevailing notions about the sole efficacy of development aid in poverty reduction, offering a grounded perspective on pragmatic policy measures and empirical evidence. Subscribe for informed insights on advancing free and prosperous societies. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe