Globalization, economic development and inequality an alternative perspective
pt. I. Foundations of an alternative theoretical perspective -- pt. II. The strategy of success : nineteenth-century United States and Germany -- pt. III. The strategy of failure : late twentieth-century deindustrialization and the economics of retrogression -- pt. IV. Technical change and the dynam...
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| Format: | eBook |
| Language: | English |
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Cheltenham, U.K
Edward Elgar Pub
2004
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| Series: | New horizons in institutional and evolutionary economics
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| Online Access: | |
| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | pt. I. Foundations of an alternative theoretical perspective -- pt. II. The strategy of success : nineteenth-century United States and Germany -- pt. III. The strategy of failure : late twentieth-century deindustrialization and the economics of retrogression -- pt. IV. Technical change and the dynamics of income inequality 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 |
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| Physical Description: | viii, 339 p ill |
| ISBN: | 9781845421625 9781858988917 9781847204721 1858988918 |