Rich nations, poor nations
Subtitle: the long run perspective
By: edited by Derek H. Aldcroft and Ross E. Catterall.
Contributors: Aldcroft, Derek Howard.; Catterall, Ross, 1948-; International Economic History Congress. (11th : 1994 : Milan, Italy).
Publisher: E. Elgar
Published: 1996
Place of publication: Cheltenham, UK; Brookfield, Vt
Language: eng
Number of pages: 226
Subjects: Economic history.; Developing countries -- Dependency on foreign countries.; Developing countries -- Economic conditions.
Description: 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.
Notes: Includes bibliographical references and index.
"The original versions of the papers in this volume were presented in Session C42: 'Why the West Grew Rich and the Third World Stagnated', of the Eleventh International Economic History Congress, held at the University of Bocconi, Milan, in September 1994"--Pref.