Download Ebook BookTrade and Poverty When the Third World Fell Behind (MIT Press)

Free Trade and Poverty When the Third World Fell Behind (MIT Press)

Free Trade and Poverty When the Third World Fell Behind (MIT Press)

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Book Details :
Published on: 2011-01-07
Released on: 2011-01-07
Original language:

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. Globalization - Wikipedia Globalization or globalisation (see spelling differences) is the process of international integration arising from the interchange of world views products ideas ... unctad.org Home Seeks to maximize the trade investment and development opportunities of developing countries while helping them face the challenges of globalization on an equitable ... Business News Personal Finance and Money News - ABC News Find the latest business news on Wall Street jobs and the economy the housing market personal finance and money investments and much more on ABC News International News Latest World News Videos & Photos ... Get the latest international news and world events from Asia Europe the Middle East and more. See world news photos and videos at ABCNews.com Briefing Room The White House Briefing Room. The White House provides timely and accurate information about the President's latest events and public statements. Here you'll find photos video and ... Wires - CNBC 2 Mins Ago. On an adjusted basis the company earned 23 cents per share missing the average analysts' estimate of 25 cents per share according to Thomson Reuters I ... Mediagazer Mediagazer presents the day's must-read media news on a single page. The media business is in tumult: from the production side to the distribution side new ... International Trade News from Across the World Comment: "The conflicting views about the agreements are actually tearing at the fabric of the Democratic Party though you wouldnt know it from President ... Poverty - Wikipedia For a few years starting 1990 the World Bank anchored absolute poverty line as $1 per day. This was revised in 1993 and through 2005 absolute poverty was $1.08 a ... Today's Stock Market News and Analysis - Nasdaq.com Get the latest news and analysis in the stock market today including national and world stock market news business news financial news and more.
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