The International Dimension of Poverty

Mats Lundahl ()
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Mats Lundahl: Stockholm School of Economics

Chapter Chapter 5 in The Dynamics of Poverty, 2021, pp 77-99 from Palgrave Macmillan

Abstract: Abstract This chapter tells the story of how Gunnar Myrdal during his decade as executive secretary of the newly established United Nations Economic Commission for Europe (ECE) in Geneva between 1947 and 1958 turned to the analysis of poverty in an international perspective, in three major works, An International Economy, Development and Under-Development, usually referred to as his Cairo lectures, and Economic Theory and Under-Developed Regions. In these Myrdal relates the issue of domestic inequalities to that of inequalities on the international level. He investigates how the progress of certain regions tends to generate backwash effects which serve to lower the living standards in other regions in a cumulative fashion and how the same mechanism operates on the international level. Instead of leading to factor price equalization, trade serves to set off cumulative effects which lead to increasing income disparities between nations.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-3-030-73347-6_5

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DOI: 10.1007/978-3-030-73347-6_5

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