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Title Globalization, economic development, and inequality : an alternative perspective / edited by Erik S. Reinert
Published Cheltenham, UK ; Northampton, MA : Edward Elgar Pub., 2004


Location Call no. Vol. Availability
Description viii, 339 pages ; 24 cm
Series New horizons in institutional and evolutionary economics.
Summary "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 chapters 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."--BOOK JACKET
Bibliography Includes bibliographical references and index
Subject International trade -- Social aspects.
Income distribution.
Technological innovations -- Economic aspects.
Technological innovations -- Social aspects.
Globalization -- Economic aspects.
Globalization -- Social aspects.
Economic development.
Evolutionary economics.
Author Reinert, Erik S., 1949-
LC no. 2004045463
ISBN 1858988918