Globalization, Economic Development and Inequality

Edited by Erik Reinert ()

in Books from Edward Elgar Publishing

Abstract: 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.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: D6 I3 (search for similar items in EconPapers)
Date: 2004
ISBN: 9781858988917
References: Add references at CitEc
Citations: View citations in EconPapers (40)

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Chapters in this book:

Ch 1 The Other Canon: The History of Renaissance Economics

Erik Reinert and Arno M. Daastøl

Ch 2 Natural versus Social Sciences: On Understanding in Economics

Wolfgang Drechsler

Ch 3 The Views of the German Historical School on the Issue of International Income Distribution

Jürgen G. Backhaus

Ch 4 Technical Progress and Obsolescence of Capital and Skills: Theoretical Foundations of Nineteenth-Century US Industrial and Trade Policy

Michael Hudson

Ch 5 Natural Resources, Industrialization and Fluctuating Standards of Living in Peru, 1950–1997: A Case Study of Activity-Specific Economic Growth

Santiago Roca and Luis Simabuko

Ch 6 Globalization in the Periphery as a Morganthau Plan: The Underdevelopment of Mongolia in the 1990s

Erik Reinert

Ch 7 Technological Revolutions, Paradigm Shifts and Socio-institutional Change

Carlota Perez

Ch 8 Income Inequality in Changing Techno-economic Paradigms

Chris Freeman

Ch 9 Information Technology in the Learning Economy: Challenges for Developing Countries

Dieter Ernst and Bengt-Åke Lundvall

Ch 10 Diversity: Implications for Income Distribution

David Audretsch

Ch 11 Convergence, Divergence and the Kuznets Curve

Ådne Cappelen

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Persistent link: https://EconPapers.repec.org/RePEc:elg:eebook:1570

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