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Remaking the Wealth of the Nations
About this book
New BLURB – Remaking the Wealth of the Nations
The author encourages readers to reconsider economic principles, presenting a fresh perspective on bridging the wealth gap and promoting sustainable economies. In 2024, nominal GDP per capita was $53,516 in Canada, $84,590 in the U.S., and $13,966 in Mexico, despite their proximity. Why do the economy of Bangladesh and India differ from Luxembourg? "Remaking the Wealth of the Nations" outlines three strategies to tackle global wealth inequality and promote growth:
1) Artificial Productivity
2) Leadership Matrix
3) Bureaucracy Index
The concept of "Artificial Productivity" provides a new perspective on growth, moving beyond the basic definition of productivity as output per labor hour. The "Leadership Matrix" emphasizes the critical role of national leadership in economic progress, helping citizens evaluate candidates and choose the best leaders. The "Bureaucracy Index" highlights the importance of civil bureaucracy in economic development. Chowdhury's blending of groundbreaking formulas and equations demonstrates a thoughtful combination of historical analysis, contemporary economic theory, and innovative ideas aimed at enhancing global economies.
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Table of contents
- Remaking the Wealth of the Nations
- Copyright
- Contents
- Introducing Artificial Productivity
- Related Terminology
- Monetary Policy of Different Countries
- Analysis of Lending Interest Rates of Different Countries
- Does the Theory of Capitalism and Communism Still Effective?
- Country Analysis: High-Income Economies
- Country Analysis: Upper Middle-Income Countries
- Country Analysis: Lower Middle- Income Countries
- Country Analysis: Low Income Countries
- Countries as per GNI Per Capita (Atlas Method)
- Economic Indicators and their Impacts on Economy
- Remaking the Wealth of a Nation
- Leadership Selection Matrix Calculation
- Analysis of the Formula of Artificial Productivity
- Remaking the Wealth of a Nation Using Artificial Productivity Formula
- An Example of Remaking the Wealth of a Nation using “Artificial Productivity” formula
- Options to Transform of a Model Economy (Country B) from Low Income to a Lower Middle-Income Country
- A Solution: Artificial Productivity can Remake the Wealth of the Nations
- Bibliography