In Trade and Poverty , leading economic historian Jeffrey G.
Williamson traces the great divergence between the third world and the West to this nexus of trade, commodity specialization, and poverty. Analyzing the role of specialization, de-industrialization, and commodity price volatility with econometrics and case studies of India, Ottoman Turkey, and Mexico, Williamson demonstrates why the close correlation between trade and poverty emerged.
Trade and Poverty: When the Third World Fell Behind - Jeffrey G. Williamson - Google книги
Globalization and the great divergence were causally related, and thus the rise of globalization over the past two centuries helps account for the income gap between rich and poor countries today. Forged from a partnership between a university press and a library, Project MUSE is a trusted part of the academic and scholarly community it serves.
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Trade and Poverty
In this book he uses powerful theoretical arguments and massive quantitative evidence to argue that the divergence between rich countries in the core and poor countries in the periphery, as well as the large income gaps between rich and poor households in the developing world, were caused by the first wave of globalization. This is a fascinating book, which should appeal particularly to economic historians and scholars of globalization, political economy, and economic growth.
Jeffrey G. Timothy J.
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Williamson How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Request Permissions Exam copy. Overview Author s Praise. Summary How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today.
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