Poverty from the Wealth of Nations

Frontmatter

1. Introduction

Abstract

The asymmetric developments in the global economy during industrial epoch I-roughly the two hundred years ending in the 1950s-were a result not of unequal markets per se, but these dual asymmetries were shaped by two others, ‘unequal races’ and unequal states, whose seminal and enduring impact on the evolution of the global economy has not received the attention it deserves.²

M. Shahid Alam

2. Integration and Polarization since 1760

Abstract

Our search for the causes of global inequalities during industrial epoch I will be greatly advanced if questions about the timing of these inequalities, as well as their relationship to international integration, can be resolved at the outset.

M. Shahid Alam

3. Theories: Orthodoxy and Dissent

Abstract

When economists turned their attention in the 1940s to economic growth, or more accurately, its paucity, in Africa and Asia, they were at once confronted by a curious inversion between orthodox theory and some hard facts about trade and growth.

M. Shahid Alam

4. Sovereignty Matters!

Abstract

A theoretical analysis of the global economy during industrial epoch I reveals that the potential for sustained economic growth in lagging countries was fundamentally linked to their sovereign ability to structure their economic relations with advanced countries.

M. Shahid Alam

5. Mapping Sovereignty

Abstract

We will now construct a global map of sovereignty during industrial epoch I, describing the variations in sovereignty across different countries. A review of the historical evidence reveals a strong correlation across countries between sovereignty and economic policy regimes during this period.

M. Shahid Alam

6. Measuring Sovereignty Differentials

Abstract

The stage is now set for exploring the economic consequences of variations in sovereignty across lagging countries during industrial epoch I.

M. Shahid Alam

7. Epilogue

Abstract

How did industrial epoch / come to an end, and what are the characteristics of industrial epoch II that has unfolded since?

M. Shahid Alam

Backmatter