# Dean Peter Henry on the economic lessons of third-world countries

1 Faculty News March 12, 2013 ![MSNBC logo](/sites/default/files/styles/246w/public/assets/images/con_030725.jpg?itok=1TPLKUHG)>

Excerpt from [MSNBC](http://www.nbcnews.com/id/3036789/ns/msnbc-morning_joe/vp/51145167) -- "Three decades ago, we went around the world and taught third world countries about the three things that are needed to get the economies back on track: discipline, clarity and trust. And now there's an opportunity for us to learn from what they've been doing the last three decades and turning themselves around."

[Watch the video](http://www.nbcnews.com/id/3036789/ns/msnbc-morning_joe/vp/51145167)

An excerpt of "Turnaround" also appeared on [MSNBC](http://tv.msnbc.com/2013/03/12/an-excerpt-from-peter-blair-henrys-third-world-lessons-for-first-world-growth/).