Rich Nations – Poor Nations

Edited by Derek H. Aldcroft, Fellow, University of Leicester and Ross E. Catterall, Cambridge International Education Centre, UK

• Contents: Preface Introduction 1. Rich Nations - Poor Nations: The Penalty of Lateness 2. The Reserve Army of the Unmarried in World Economic History: Flexible Fertility Regimes and the Wealth of Nations 3. The Roots of Latin America’s Backwardness 4. Economic Growth in Europe’s Third World: Central and Eastern Europe, 1870-1989 5. Macroeconomic Populism and Economic Failure in Africa Since 1960 6. Asian Stagnation: Real or Relative? 7. Trade and Exchange Rate Liberalization: The Experience of Turkey, Malaysia and India 8. The Role of Technology in the Creation of Rich and Poor Nations: Underdevelopment in a Schumpterian System 9. Capital Markets in a Divided World Index

'This book is a good example of bourgeois comparative economic history. It addresses the question of why inequality between "the west and the rest" has been increasing dramatically rather than falling as most orthodox development economists would want. The book includes some fine and useful papers, especially on the economic development of Latin America and Central and Eastern Europe, and on the Schumpeterian analysis of technical progress.'