Since the 1940s, development thinking has been the subject of
fierce debate and continual evolution. The authors of this book
trace the ideas that have driven changing approaches to
development, focusing also on the Prebisch-Singer Thesis, which
seeks to explain the widening gaps between rich and poor nations,
caused by unequal distribution of trade benefits. They discuss both
aid during and after the cold war, and the rise and subsequent
liberalisation crisis of the Asian 'Tiger Economies'. The Economic
North-South Divide goes on to explore the structural roots of the
debt crisis and considers the impact of debt management on
North-South economic relations, exposing certain double standards
that tilt global markets further against the South. Encouraged by
recent successful opposition to neoliberalism, the authors finally
propose ideas for a world where people seem to matter. This book is
a welcome addition to the debate and will appeal to anyone
interested in economic development and history.
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