Globalization, Economic Development and Inequality: An Alternative Perspective (New Horizons in Institutional and Evolutionary Economics Series)
Language: English
Published by Edward Elgar Publishing Ltd, 2004
- Hardcover
- New

Seller: Prominent Books, Hereford, Abbey, United KingdomProminent Books
AbeBooks seller since October 2, 2019
Condition: New
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- Title
- Globalization, Economic Development and Inequality: An Alternative Perspective (New Horizons in Institutional and Evolutionary Economics Series)
- Publisher
- Edward Elgar Publishing Ltd
- Publication year
- 2004
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1858988918
- ISBN 13
- 9781858988917
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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Prominent Books
Hereford, Abbey, United Kingdom
AbeBooks seller since October 2, 2019
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