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Rich Nations – Poor Nations: The Long-Run Perspective

Rich Nations – Poor Nations: The Long-Run Perspective


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About the Book

Today the gap between rich and poor nations is larger than it has ever been in recorded history. Yet the economic hegemony of Europe was unanticipated in the 15th century when Europeans seemed no more advanced than their eastern counterparts. This collection of papers places present development problems in historical perspective, drawing on European experience to determine what characterized the growth of the world's first industrialized continent. Topics discussed in this volume include the influence of late fertility on economic development, the roots of Latin American backwardness, economic growth in Central and Eastern Europe since 1870, macro-economic populism and economic failure in Africa since 1960, trade and exchange rate liberalization, and the impact of technology and capital market development in a divided world. This book offers a perspective on the development process in which authors relate historical work to the current problems of the Third World. While these papers are not soley anchored in the European past, they recognise that some positive things can be gleaned from Europe's historical experience.

Table of Contents:
Contents: Preface Introduction 1. Rich Nations - Poor Nations: The Penalty of Lateness 2. The Reserve Army of the Unmarried in World Economic History: Flexible Fertility Regimes and the Wealth of Nations 3. The Roots of Latin America’s Backwardness 4. Economic Growth in Europe’s Third World: Central and Eastern Europe, 1870-1989 5. Macroeconomic Populism and Economic Failure in Africa Since 1960 6. Asian Stagnation: Real or Relative? 7. Trade and Exchange Rate Liberalization: The Experience of Turkey, Malaysia and India 8. The Role of Technology in the Creation of Rich and Poor Nations: Underdevelopment in a Schumpterian System 9. Capital Markets in a Divided World Index

About the Author :
Edited by Derek H. Aldcroft, Fellow, University of Leicester and Ross E. Catterall, Cambridge International Education Centre, UK

Review :
'This book is a good example of bourgeois comparative economic history. It addresses the question of why inequality between "the west and the rest" has been increasing dramatically rather than falling as most orthodox development economists would want. The book includes some fine and useful papers, especially on the economic development of Latin America and Central and Eastern Europe, and on the Schumpeterian analysis of technical progress.'


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Product Details
  • ISBN-13: 9781858980591
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • Height: 234 mm
  • No of Pages: 240
  • Width: 156 mm
  • ISBN-10: 1858980593
  • Publisher Date: 01 Feb 1996
  • Binding: Hardback
  • Language: English
  • Sub Title: The Long-Run Perspective


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