Placing the controversial globalization process in historical
context, DeWitt brings this increasingly important topic to life
through the experiences of the two most populous states of the
Western Hemisphere--Brazil and the United States. Comparing their
development processes from the Colonial Era to 1900, he highlights
the dramatically different consequences that are incorporated into
the world economy for these two states. Sharing similar experiences
during the Colonial Era, the countries' internal differences and
differing relationships with Great Britain, the economic superpower
of the 19th century, led to very different development paths. By
1900, the United States had become a member of the economic core,
while Brazil remained mired in the semi-periphery.
Pointing out the similarities and differences in the economic
development of the United States and Brazil, DeWitt emphasizes that
the manner of incorporation into the world economy greatly affected
one becoming a superpower and the other remaining a developing
nation. This book offers unique insights into globalization,
economic development, and the histories of the United States and
Brazil.
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