Economic Historians generally consider the international economy
through the lens of the most economically powerful nations. This
Western perspective distorts the true picture of how the
international economy operates. The International Economy and the
Undeveloped World seeks to redress this fundamental bias and argues
that Africa and Asia have a dramatic impact on the economies of the
wealthier nations. This volume concentrates on the role of
developing nations in the 50 years preceding the first world war.
These regions, it argues, were instrumental in the evolution of the
world economy. Indeed it could not have evolved in the manner that
it did without them. Latham points to the fact that the so-called
free-trade era was unsustainable without the developing countries,
without which Europe and America would have had to make fundamental
readjustments. This book was first published in 1978.
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