Today the gap between rich and poor nations is larger than it has
ever been in recorded history. Yet the economic hegemony of Europe
was unanticipated in the fifteenth century when Europeans seemed no
more advanced than their eastern counterparts.This distinguished
collection of papers places present development problems in
historical perspective, drawing on European experience to show what
characterized the growth of the world's first industrialized
continent. Topics discussed in this volume include the influence of
late fertility on economic development, the roots of Latin American
backwardness, economic growth in Central and Eastern Europe since
1870, macroeconomic populism and economic failure in Africa since
1960, trade and exchange rate liberalization, and the impact of
technology and capital market development in a divided world. Rich
Nations - Poor Nations offers a broad perspective on the
development process in which authors relate historical work to the
current problems of the Third World. While these papers are not
anchored solely in the European past, they recognize that some
positive things can be gleaned from Europe's historical experience
which will be of value to developing nations.
General
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