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Globalization, Economic Development and Inequality: An Alternative Perspective (New Horizons in Institutional and Evolutionary Economics series) - Hardcover
Synopsis
Evolutionary economics gained acceptance for the study of industrialized countries during the 1990s but has, as yet, contributed little to the study of world income inequality.
The expert contributors gathered here approach underdevelopment and inequality from different evolutionary perspectives. It is argued that the Schumpeterian processes of 'creative destruction' may take the form of wealth creation in one part of the globe and wealth destruction in another. Case studies explore and analyse the successful 19th century policies that allowed Germany and the United States to catch up with the UK and these are contrasted with two other case studies exploring the deindustrialization and falling real wages in Peru and Mongolia during the 1990s. The case studies and thematic papers together explore, identify and explain the mechanisms which cause economic inequality. Some papers point to why the present form of globalization increases poverty in many Third World nations.
Members of the anti-globalization movement will find the explanations given in this book insightful, as will employees of international organizations due to the important policy messages. The theoretical interest within the book will appeal to development economists and evolutionary economists, and policymakers and politicians will find the explanations of the present failure of many small nations in the periphery invaluable.
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About the Author
Edited by Erik S. Reinert, Honorary Professor, UCL Institute for Innovation and Public Purpose (IIPP), University College London, UK and Adjunct Professor of Technology Governance and Development Strategies, TalTech, Estonia
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Globalization, Economic Development And Inequality: An Alternative Perspective (New Horizons In Institutional And Evolutionary Economics Series)
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GLOBALIZATION, ECONOMIC DEVELOPMENT AND INEQUALITY: AN ALTERNATIVE PERSPECTIVE (NEW HORIZONS IN INSTITUTIONAL AND EVOLUTIONARY ECONOMICS SERIES)
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Globalization, Economic Development and Inequality. An Alternative Perspective. New Horizons in Institutional and Evolutionary Economics.
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Cheltenham, Elgar, 2004., 2004
ISBN 10: 1858988918
ISBN 13: 9781858988917
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VIII 339 S., gr.okt., Ln., OU. --Contributions by Erik S. Reinert, Arno M. Daastol, Wolfgang Drechsler, Jürgen G. Backhaus, Michael Hudson, Santiago Roca and Luis Simabuko, Carlota Perez, Chis Freeman, Dieter Ernst and Bengt-Ake Lundvall, David B. Audretsch, Adne Cappelen. - [ Wirtschaftswissenschaft Volkswirtschaft SpracheEN J| 2004 N| Erik Reinert | 74730 ]. Seller Inventory # 74730-1
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Globalization, Economic Development and Inequality: An Alternative Perspective (New Horizons in Institutional and Evolutionary Economics Series)
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Edward Elgar Publishing Ltd, 2004
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Globalization, Economic Development and Inequality: An Alternative Perspective (New Horizons in Institutional and Evolutionary Economics Series)
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