Globalization Under Hegemony: The Changing World Economy
Jomo Kwame Sundaram
Oxford University Press, 2006 - Business & Economics - 311 pages
The eight papers in this volume offer a rich historical insight into the different dimensions of economic developments in the 20th century as they affect globalization. They share a common over-arching concern the growing divergence between the North and the South. The papers trace factors that have been responsible for the growing inequalities colonial exploitation, protectionism, perverse labour laws, and exploitative international capital flows. In doing so, the authors question many of the conventional explanations of neo-classical economics relating to international trade and finance. The volume traces the evolution of the development state, condemns the gross accumulation of wealth and power in the developed countries, and argues for the establishment of a decentralized, development democracy.
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Transfers from the Tropical Colonies
Globalization and Development
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Africa agricultural Asia Asian Bagchi Bairoch Bretton Woods Britain British Cambridge capitalist cent China colonies commodity prices contract labour crises current account debt decades deficit developing countries developmental East estimates Europe European exchange exports financial liberalization foreign direct investment free trade Germany gold standard immigrant imperialism import surplus income increased indentured labour India industrial policies industrialized countries inflows institutions integration international capital flows international financial international monetary Japan Japanese land late nineteenth Latin America levels London manufacturing metropole migration nineteenth century output Oxford Pax Britannica period phase of globalization plantations political Prebisch-Singer Hypothesis primary commodities rates re-exports regions role rules Sapsford Second World sector social Source South Korea Statistics structural breaks Table terms of trade tion transfer trend tropical twentieth century un-free labour UNCTAD unequal treaties University Press values wages workers World Bank world economy