The Ladder Sudan Was Never Allowed to Climb: A Century of Deliberate Non-Industrialisation
In 1791, Alexander Hamilton submitted his Report on Manufactures to the United States Congress. Its central argument was that a new nation could not develop by exporting raw materials and importing finished goods. Wealth was created in manufacturing, not agriculture or trade. The role of the state was to protect infant industries until they could compete — through tariffs, subsidies, and public investment. The United States acted on this report. By the end of the 19th century, it had the highest industrial tariffs in the world and the fastest-growing manufacturing sector. ...