All listings for this product
About this product
- DescriptionToday's wide ecomic gap between the postindustrial countries of the West and the poorer countries of the third world is t new. Fifty years ago, the world ecomic 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 ecomic 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 ecometrics 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.
- Author BiographyJeffrey G. Williamson is Laird Bell Professor of Economics Emeritus at Harvard and Honorary Fellow in the Department of Economics at the University of Wisconsin--Madison. He is the author of Globalization and the Poor Periphery before 1950 (MIT Press, 2006). [and the coauthor (with Kevin O'Rourke) of Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy (1999) and (with Timothy J. Hatton) of Global Migration and the World Economy: Two Centuries of Policy and Performance (2006), all published by the MIT Press.
- Author(s)Jeffrey G. Williamson
- PublisherMIT Press Ltd
- Date of Publication11/02/2011
- SubjectEconomics: Professional & General
- Place of PublicationCambridge, Mass.
- Country of PublicationUnited States
- ImprintMIT Press
- Content Note30 figures
- Weight567 g
- Width152 mm
- Height229 mm
- Spine15 mm
- Interest AgeFrom 18
Best-selling in Non-Fiction Books
- AU $61.65New
- AU $7.64New
- AU $22.34New
- AU $33.28New
- AU $30.44New
Save on Non-Fiction Books
- AU $59.99Trending at AU $61.65
- AU $40.94Trending at AU $51.58
- AU $32.35Trending at AU $51.03
- AU $29.55Trending at AU $30.44
- AU $49.30Trending at AU $52.75
- AU $26.83Trending at AU $32.36
- AU $39.21Trending at AU $43.41
This item doesn't belong on this page.
Thanks, we'll look into this.