Trade and Poverty : When the Third World Fell Behind.

Intro -- Contents -- Acknowledgments -- Chapter 1. When the Third World Fell Behind -- 1.1 The World Economic Order in 1960 -- 1.2 When Did the Great Divergence Take Place? -- 1.3 A Trade and Divergence Connection? -- 1.4 What Do We Mean by "Open" Economies? -- 1.5 Trade and Poverty : Looking over the Terrain -- Chapter 2. The First Global Century up to 1913 -- 2.1 What Made It the First Global Century? -- 2.2 Western Europe Goes Open: Liberal Moves to Pro-trade Policies -- 2.3 The World Transport Revolution -- 2.4 Growth Miracles in the Core and the World Trade Boom -- 2.5 Which Mattered Most? -- Chapter 3. Biggest Third World Terms of Trade Boom Ever? -- 3.1 Globalization and the Great Divergence -- 3.2 The Biggest Terms of Trade Shock Ever? The Poor Periphery 1782 to 1913 -- 3.3 An Agenda -- Chapter 4. The Economics of Third World Growth Engines and Dutch Diseases -- 4.1 Laying out the Steps -- 4.2 Gains from Trade and Engines of Growth -- 4.3 The De-industrialization, Rent-Seeking, and Price Volatility Downsides -- 4.4 A Neo-Ricardian Model of De-industrialization -- 4.5 The Agenda -- Chapter 5. Measuring Third World De-industrialization and Dutch Disease -- 5.1 Introduction -- 5.2 Using Textile Manufacturing to Gauge Third World De-industrialization -- 5.3 A Comparative Quantitative Assessment -- 5.4 A Comparative Qualitative Assessment -- 5.5 De-industrialization and Dutch Disease in the Periphery -- Chapter 6. An Asian De-industrialization Illustration -- 6.1 A De-industrialization Paradox? -- 6.2 India's De-industrialization: Three Hypotheses and One Offset -- 6.3 Measuring India's De-industrialization -- 6.4 Some Neo-Ricardian De-industrialization Economics Once More -- 6.5 Relative Prices and the Own Wage in Manufactures, 1750 to 1913 -- 6.6 A New View of Indian De-industrialization.

Chapter 7. A Middle East De-industrialization Illustration -- 7.1 Ottoman Issues -- 7.2 Changing Trade Barriers in the Eastern Mediterranean: Setting the Stage -- 7.3 The Eastern Mediterranean De-industrialization Debate -- 7.4 Measuring Ottoman De-industrialization -- 7.5 The Ottoman External Terms of Trade -- 7.6 Neo-Ricardian Economics in the Ottoman Setting -- 7.7 Assessing the Causes of Ottoman De-industrialization -- 7.8 The Eastern Mediterranean versus the Rest of the Periphery -- Chapter 8. A Latin American De-industrialization Illustration -- 8.1 Mexico in the Latin American Mirror -- 8.2 Mexican De-industrialization in the Transition before Porfiriato -- 8.3 De-industrialization and Industrialization in Young Republican Mexico -- 8.4 Applying Neo-Ricardian Economics to Mexican De-industrialization -- 8.5 Trends in Mexican Terms of Trade, 1750 to 1877 -- 8.6 Mexican Wage Competitiveness -- 8.7 Why Didn't Mexican Manufacturing Compete Even More Effectively? -- 8.8 Tariffs and Other Pro-industrial Policies -- 8.9 Mexico in a Comparative Mirror -- Chapter 9. Rising Third World Inequality during the Trade Boom -- 9.1 Why Do We Care about Inequality? -- 9.2 The Pre-industrial and Pre-global Inequality Norm -- 9.3 Globalization-Induced Departures from the Pre-global Norm in the Poor Periphery -- 9.4 Colonial Drains and the Pre-industrial Norm -- 9.5 Did It Matter? -- Chapter 10. Export Price Volatility -- 10.1 Commodity Price and Terms of Trade Volatility: The Problem -- 10.2 Commodity Price Volatility: The Modern Economics Literature -- 10.3 Commodity Price and Terms of Trade Volatility from 1700 to 1939 -- 10.4 Moving toward a Final Reckoning -- Chapter 11. Tying the Knot -- 11.1 Waiting for the Jury to Report Out -- 11.2 Trade-Divergence Effects during the Singer - Prebisch Episode 1870 - 1939.

11.3 Trade-Divergence Effects during the Statistical Dark Age before 1870 -- 11.4 Trade-Divergence Effects during the Modern Era since 1970 -- 11.5 It All Depended on the World Environment -- Chapter 12. Better Late Than Never -- 12.1 When Did the Industrial Revolution Start to Penetrate the Poor Periphery? -- 12.2 Measuring an Industrial Liftoff in Latin America -- 12.3 Some Potential Explanations for the Latin American Industrial Liftoff -- 12.4 No More Dutch Disease in Latin America? -- 12.5 The Income Terms of Trade, and Export-Led Growth in Latin America -- 12.6 Industrial Competitiveness: Keeping the Lid on Latin American Wages? -- 12.7 Did Real Currency Depreciation Increase Manufacturing Profitability in Latin America? -- 12.8 What about the Rest of the Poor Periphery? -- 12.9 Decomposing the Sources of the Industrial Liftoff in the Poor Periphery -- Chapter 13. Policy Response -- 13.1 Thinking about Policy Responses in the Poor Periphery -- 13.2 What Did the Poor Periphery Do about Tariffs? -- 13.3 Explaining Tariff Responses in the Poor Periphery -- 13.4 The Political Economy of Tariffs: Looking at the Evidence -- 13.5 What Should They Have Done? -- Chapter 14. Morals of the Story -- Notes -- References -- Index.

How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.