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    Unequal Development and Capitalism

    Proposal review

    Catching Up and Falling Behind in the Global Economy

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    Author(s)
    Marquetti, Adalmir Antonio
    Miebach, Alessandro
    Morrone, Henrique
    Collection
    Knowledge Unlatched (KU)
    Language
    English
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    Abstract
    Unequal development has been a defining characteristic of capitalism. Throughout history, countries and regions have exhibited differences in labor productivity growth – a key determinant in poverty reduction and development – and although some nations may catch up with the productivity levels or well-being of developed economies at times, others fall behind. This book explores these processes of catching up and falling behind of developing countries from Asia, Latin America, Central and Eastern Europe, and Africa in relation to the US economy from 1970 to 2019. The research presented in this book integrates a historical interpretation of post-World War II capitalism with economic theory and empirical analysis. By exploring the historical experiences of these countries, the book provides an overview of their economic transformations. The interplay between technical change, profit rate and capital accumulation, on one hand, and institutional change, on the other, are combined to explain the dynamics of catching up or falling behind in labor and capital productivities. Furthermore, the book provides, from the perspective of developing countries, fundamental lessons for the implementation of successful strategies for catching up and development. This book is a major resource for readers interested in economic growth and development, heterodox macroeconomics, development economics, and related areas.
    URI
    https://library.oapen.org/handle/20.500.12657/94039
    Keywords
    unequal; development; capitalism; global; economy
    DOI
    10.4324/9781003223382
    ISBN
    9781040034538, 9781040034552, 9781003223382, 9781032121642, 9781040034538
    Publisher
    Taylor & Francis
    Publisher website
    https://taylorandfrancis.com/
    Publication date and place
    Oxford, 2024
    Grantor
    • Knowledge Unlatched - [...]
    Imprint
    Routledge
    Series
    Routledge Frontiers of Political Economy,
    Classification
    Political economy
    Development economics and emerging economies
    International economics
    Development studies
    Macroeconomics
    Pages
    186
    Rights
    https://creativecommons.org/licenses/by-nc-nd/4.0/
    • Imported or submitted locally

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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