Technology Quote by Ha-Joon Chang
““The most important assumption underlying HOS is that all countries have equal productive capabilities – that is, they can use any technology they want.3””
About This Quote
Source Book: Economics of Globalization, Ha‑Joon Chang, 2010
The model assumes every nation can equally adopt any technology, ignoring real differences in capacity and constraints.
In simple terms: Assumes all countries can use any technology equally, which isn’t true.
Recognize unequal tech adoption when analyzing economies.
Themes
Mood
Type
When to use this quote
- policy making
- development aid
- business strategy
- academic research
Key Concepts
Questions to Reflect On
- What factors limit a country's tech use?
- How can policies address capability gaps?
Assumes equal capacity, which may oversimplify complex realities.