Trade and Poverty

Williamson, Jeffrey G.

Published by MIT Press Ltd
ISBN 10: 0262518597 / ISBN 13: 9780262518598
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How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Num Pages: 320 pages, 30 figures. BIC Classification: KCZ. Category: (P) Professional & Vocational. Dimension: 230 x 155 x 17. Weight in Grams: 436. . 2013. Reprint. Paperback. . . . . Books ship from the US and Ireland. Bookseller Inventory #

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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.

About the Author:

Jeffrey 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). He is 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.

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Title: Trade and Poverty
Publisher: MIT Press Ltd
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Book Description MIT Press Ltd. Paperback. Book Condition: new. BRAND NEW, Trade and Poverty: When the Third World Fell Behind, Jeffrey G. Williamson, 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. Bookseller Inventory # B9780262518598

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Book Description MIT Press Ltd, United States, 2013. Paperback. Book Condition: New. Reprint. 226 x 150 mm. Language: English . Brand New Book. 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. Bookseller Inventory # AAZ9780262518598

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Book Description MIT Press Ltd, United States, 2013. Paperback. Book Condition: New. Reprint. 226 x 150 mm. Language: English . Brand New Book. 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. Bookseller Inventory # AAZ9780262518598

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