Globalization And The Poor Periphery Before 1950

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Globalization and the Poor Periphery before 1950

Author : Jeffrey G. Williamson
Publisher : MIT Press
ISBN 13 : 0262250314
Total Pages : 203 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Globalization and the Poor Periphery before 1950 by : Jeffrey G. Williamson

Download or read book Globalization and the Poor Periphery before 1950 written by Jeffrey G. Williamson and published by MIT Press. This book was released on 2009-08-21 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading authority on economic globalization argues that industrialization in the core countries of northwest Europe and its overseas settlements combined with a worldwide revolution in transportation to produce deindustrialization and an antiglobal backlash in industrially lagging poorer countries. In Globalization and the Poor Periphery before 1950 Jeffrey Williamson examines globalization through the lens of both the economist and the historian, analyzing its economic impact on industrially lagging poor countries in the nineteenth and early twentieth centuries. Williamson argues that industrialization in the core countries of northwest Europe and their overseas settlements, combined with a worldwide revolution in transportation, created an antiglobal backlash in the periphery, the poorer countries of eastern and southern Europe, the Middle East, Africa, Asia, and Latin America. During the "first global century," from about 1820 to 1913, and the antiglobal autarkic interwar period from 1914 to 1940, new methods of transportation integrated world commodity markets and caused a boom in trade between the core and the periphery. Rapid productivity growth, which lowered the price of manufactured goods, led to a soaring demand in the core countries for raw materials supplied by the periphery. When the boom turned into bust, after almost a century and a half, the gap in living standards between the core and the periphery was even wider than it had been at the beginning of the cycle. The periphery, argues Williamson, obeyed the laws of motion of the international economy. Synthesizing and summarizing fifteen years of Williamson's pioneering work on globalization, the book documents these laws of motion in the periphery, assesses their distribution and growth consequences, and examines the response of trade policy in these regions.

Trade and Poverty

Author : Jeffrey G. Williamson
Publisher : MIT Press
ISBN 13 : 0262295180
Total Pages : 315 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Trade and Poverty by : Jeffrey G. Williamson

Download or read book Trade and Poverty written by Jeffrey G. Williamson and published by MIT Press. This book was released on 2011-01-07 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order—two hundred years in the making—was already characterized by a vast difference in per capita income between rich and poor countries and by the fact that poor countries exported commodities (agricultural or mineral products) while rich countries exported manufactured products. 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. 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.

The Mediterranean Response to Globalization before 1950

Author : Sevket Pamuk
Publisher : Routledge
ISBN 13 : 1134592094
Total Pages : 592 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis The Mediterranean Response to Globalization before 1950 by : Sevket Pamuk

Download or read book The Mediterranean Response to Globalization before 1950 written by Sevket Pamuk and published by Routledge. This book was released on 2000-03-23 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: The studies in this exceptional volume explore the challenges and opportunities presented by globalization events prior to 1950, and identify how countries around the Mediterranean responded to them. In addition to comparative assessments of regional performance, the volume offers detailed case studies of Spain, Italy, the Balkans, Turkey, Israel a

The Spread of Modern Industry to the Periphery since 1871

Author : Kevin Hjortshøj O'Rourke
Publisher : Oxford University Press
ISBN 13 : 019106808X
Total Pages : 416 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Spread of Modern Industry to the Periphery since 1871 by : Kevin Hjortshøj O'Rourke

Download or read book The Spread of Modern Industry to the Periphery since 1871 written by Kevin Hjortshøj O'Rourke and published by Oxford University Press. This book was released on 2017-03-24 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Ever since the Industrial Revolution of the late-eighteenth and early-nineteenth centuries, industrialization has been the key to modern economic growth. The fact that modern industry originated in Britain, and spread initially to north-western Europe and North America, implied a dramatic divergence in living standards between the industrial North (or 'West') and a non-industrial, or even de-industrializing, South (or 'Rest'). This nineteenth-century divergence, which had profound economic, military, and geopolitical implications, has been studied in great detail by many economists and historians. Today, this divergence between the 'West' and the 'Rest' is visibly unravelling, as economies in Asia, Latin America and even sub-Saharan Africa converge on the rich economies of Europe and North America. This phenomenon, which is set to define the twenty-first century, both economically and politically, has also been the subject of a considerable amount of research. Less appreciated, however, are the deep historical roots of this convergence process, and in particular of the spread of modern industry to the global periphery. This volume fills this gap by providing a systematic, comparative, historical account of the spread of modern manufacturing beyond its traditional heartland, to Southern and Eastern Europe, the Middle East, Asia, Africa, and Latin America, or what we call the poor periphery. It identifies the timing of this convergence, finding that this was fastest in the interwar and post-World War II years, not the more recent 'miracle growth' years. It also identifies which driving forces were common to all periphery countries, and which were not.

Global Migration and the World Economy

Author : T. J. Hatton
Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 494 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Global Migration and the World Economy by : T. J. Hatton

Download or read book Global Migration and the World Economy written by T. J. Hatton and published by MIT Press (MA). This book was released on 2005 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with the two great migration waves: from 1820 to the outbreak of World War I, when immigration was nearly unrestricted; since 1950, when mass migration continued to grow despite policy restrictions. Covers north-north and south-north migration, i.e. to the New World and contemporary Europe, as well as south-south migration. Assesses the impact on the migrants themselves, and repercussions on the sending and receiving countries.

Globalization in Historical Perspective

Author : Michael D. Bordo
Publisher : University of Chicago Press
ISBN 13 : 0226065995
Total Pages : 600 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Globalization in Historical Perspective by : Michael D. Bordo

Download or read book Globalization in Historical Perspective written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2007-11-01 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

Wine Economics

Author : Stefano Castriota
Publisher : MIT Press
ISBN 13 : 0262361035
Total Pages : 321 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Wine Economics by : Stefano Castriota

Download or read book Wine Economics written by Stefano Castriota and published by MIT Press. This book was released on 2020-11-17 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and interdisciplinary approach to the economics of the production, distribution, and consumption of wine. Wine economics is a growing subfield that examines the economics of the production, distribution, and consumption of wine. In this book, Stefano Castriota takes a comprehensive and interdisciplinary approach to the study of wine economics, drawing on literature from industrial organization, welfare economics, economic policy, political economy, management, finance, health economics, law, and criminology.

The Globalization Paradox

Author : Dani Rodrik
Publisher : OUP Oxford
ISBN 13 : 0191634255
Total Pages : 442 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Globalization Paradox by : Dani Rodrik

Download or read book The Globalization Paradox written by Dani Rodrik and published by OUP Oxford. This book was released on 2012-05-17 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

Globalization and Development

Author : José Antonio Ocampo
Publisher : Stanford University Press
ISBN 13 : 9780804749565
Total Pages : 238 pages
Book Rating : 4.7/5 (495 download)

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Book Synopsis Globalization and Development by : José Antonio Ocampo

Download or read book Globalization and Development written by José Antonio Ocampo and published by Stanford University Press. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

Globalization and History

Author : Kevin H. O'Rourke
Publisher : MIT Press
ISBN 13 : 9780262650595
Total Pages : 364 pages
Book Rating : 4.6/5 (55 download)

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Book Synopsis Globalization and History by : Kevin H. O'Rourke

Download or read book Globalization and History written by Kevin H. O'Rourke and published by MIT Press. This book was released on 2001-01-26 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kevin O'Rourke and Jeffrey Williamson present a coherent picture of trade, migration, and international capital flows in the Atlantic economy in the century prior to 1914—the first great globalization boom, which anticipated the experience of the last fifty years. Globalization is not a new phenomenon, nor is it irreversible. In Gobalization and History, Kevin O'Rourke and Jeffrey Williamson present a coherent picture of trade, migration, and international capital flows in the Atlantic economy in the century prior to 1914—the first great globalization boom, which anticipated the experience of the last fifty years. The authors estimate the extent of globalization and its impact on the participating countries, and discuss the political reactions that it provoked. The book's originality lies in its application of the tools of open-economy economics to this critical historical period—differentiating it from most previous work, which has been based on closed-economy or single-sector models. The authors also keep a close eye on globalization debates of the 1990s, using history to inform the present and vice versa. The book brings together research conducted by the authors over the past decade—work that has profoundly influenced how economic history is now written and that has found audiences in economics and history, as well as in the popular press.

The Spread of Modern Industry to the Periphery Since 1871

Author : Kevin H. O'Rourke
Publisher : Oxford University Press
ISBN 13 : 0198753640
Total Pages : 410 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis The Spread of Modern Industry to the Periphery Since 1871 by : Kevin H. O'Rourke

Download or read book The Spread of Modern Industry to the Periphery Since 1871 written by Kevin H. O'Rourke and published by Oxford University Press. This book was released on 2017 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Ever since the Industrial Revolution of the late-eighteenth and early-nineteenth centuries, industrialization has been the key to modern economic growth. The fact that modern industry originated in Britain, and spread initially to north-western Europe and North America, implied a dramatic divergence in living standards between the industrial North (or West) and a non-industrial, or even de-industrializing, South (or Rest). This nineteenth-century divergence, which had profound economic, military, and geopolitical implications, has been studied in great detail by many economists and historians. Today, this divergence between the West and the Rest is visibly unraveling, as economies in Asia, Latin America and even sub-Saharan Africa converge on the rich economies of Europe and North America. This phenomenon, which is set to define the twenty-first century, both economically and politically, has also been the subject of a considerable amount of research. Less appreciated, however, are the deep historical roots of this convergence process, and in particular of the spread of modern industry to the global periphery. This volume fills this gap by providing a systematic, comparative, historical account of the spread of modern manufacturing beyond its traditional heartland, to Southern and Eastern Europe, the Middle East, Asia, Africa, and Latin America, or what we call the poor periphery. It identifies the timing of this convergence, finding that this was fastest in the interwar and post-World War II years, not the more recent miracle growth years. It also identifies which driving forces were common to all periphery countries, and which were not.

Scarcity and Frontiers

Author : Edward B. Barbier
Publisher : Cambridge University Press
ISBN 13 : 1139493469
Total Pages : 767 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Scarcity and Frontiers by : Edward B. Barbier

Download or read book Scarcity and Frontiers written by Edward B. Barbier and published by Cambridge University Press. This book was released on 2010-12-23 with total page 767 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources. Increasing scarcity raises the cost of exploiting existing natural resources and creates incentives in all economies to innovate and conserve more of these resources. However, economies have also responded to increasing scarcity by obtaining and developing more of these resources. Since the agricultural transition over 12,000 years ago, this exploitation of new 'frontiers' has often proved to be a pivotal human response to natural resource scarcity. This book provides a fascinating account of the contribution that natural resource exploitation has made to economic development in key eras of world history. This not only fills an important gap in the literature on economic history but also shows how we can draw lessons from these past epochs for attaining sustainable economic development in the world today.

An Economic History of Indonesia

Author : Jan Luiten van Zanden
Publisher : Routledge
ISBN 13 : 1136454594
Total Pages : 365 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis An Economic History of Indonesia by : Jan Luiten van Zanden

Download or read book An Economic History of Indonesia written by Jan Luiten van Zanden and published by Routledge. This book was released on 2013-05-02 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on new datasets, this book presents an economic history of Indonesia. It analyses the causes of stagnation of growth during the colonial and independence period, making use of new theoretical insights from institutional economics and new growth theory. The book looks at the major themes of Indonesian history: colonial exploitation and the successes and limitations of the post 1900 welfare policies, the price of instability after 1945, and the economic miracle after 1967. The book not only discusses economic change and development – or the lack thereof – but also the institutional and socio-political structures that were behind these changes. It also presents a lot of new data on the changing welfare of the Indonesian population, on income distribution, and on the functioning of markets for rice, credit and labour. Concluding with a discussion on whether the poor profited from the economic changes, this book is a useful contribution to Southeast Asian Studies and International Economics.

Development in Crisis

Author : Rae Lesser Blumberg
Publisher : Routledge
ISBN 13 : 131767720X
Total Pages : 264 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Development in Crisis by : Rae Lesser Blumberg

Download or read book Development in Crisis written by Rae Lesser Blumberg and published by Routledge. This book was released on 2015-08-20 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development in Crisis: Threats to human well-being in the Global South and Global North, is a provocative, engaging and interesting collection of real-world case studies in development and globalization focusing on under-emphasized threats to growth and human welfare worldwide. Created by two of America's top development sociologists, it targets undergraduates, graduates, academics and development professionals. Crises such as falling state capacity, declining technological innovation, increasing class inequality and persisting gender inequality are considered, along with their economic and social consequences.

Odd Couple

Author : Michael Huberman
Publisher : Yale University Press
ISBN 13 : 0300158769
Total Pages : 253 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Odd Couple by : Michael Huberman

Download or read book Odd Couple written by Michael Huberman and published by Yale University Press. This book was released on 2012-05-29 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has become commonplace to think that globalization has produced a race to the bottom in terms of labor standards and quality of life: the cheaper the labor and the lower the benefits afforded workers, the more competitively a country can participate on the global stage. But in this book the distinguished economic historian Michael Huberman demonstrates that globalization has in fact been very good for workers’ quality of life, and that improved labor conditions have promoted globalization.

Nature and Wealth

Author : Edward Barbier
Publisher : Springer
ISBN 13 : 113740339X
Total Pages : 270 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Nature and Wealth by : Edward Barbier

Download or read book Nature and Wealth written by Edward Barbier and published by Springer. This book was released on 2015-09-22 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on historical and contemporary evidence, this book argues that growing environmental degradation and wealth inequality are linked to how nature is exploited to create economic wealth. Ending the under-pricing of natural capital and insufficient human capital accumulation is essential to overcoming structural imbalance in modern economies.

Monopolies and Underdevelopment

Author : Calixto Salomão Filho
Publisher : Edward Elgar Publishing
ISBN 13 : 1784718734
Total Pages : 192 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Monopolies and Underdevelopment by : Calixto Salomão Filho

Download or read book Monopolies and Underdevelopment written by Calixto Salomão Filho and published by Edward Elgar Publishing. This book was released on 2015-10-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious analysis is centered on the evolution of economic structures in colonized economies, showing the effects of these structures on today’s global reality for all economies, whether they are considered ‘developed’ or ‘underdeveloped.’ With a comprehensive scope encompassing economic structures and their influence on the growth of nations from past to present, Calixto Salomão Filho delves into issues of development, economic structures, social problems, monopolies, globalization, and poverty. This book features a unique combination of economic and legal analysis of development, including the examination of underdevelopment trends based on monopoly growth and the triple drain effects of monopolies on national economies. The result is an illuminating study of historical restriction and exploitation and its impact on present day markets around the world. Monopolies and Underdevelopment will capture the interest of scholars and readers of the economic theory of development, economic history of underdeveloped countries, and law and development; as well as those involved in Latin American and South Asian studies, international comparative law, and legal history.