peripheral industrialization stretch into the late 19th century, the high point of peripheral industrialization was the 1950 …-1973 period, which saw widespread import- substituting industrialization. This period was also the high point of unconditional …

, raising average wages significantly, which in turn facilitated industrialization. We analyze the rise of this first socio …

trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently …, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … divergence between core and periphery. Third, the boom and its de-industrialization impact was only part of the story; growth …

industrialization in the second half of the nineteenth century. We find that industries and regions more exposed to international trade … controlling for these factors, we find that greater exposure to globalization shaped the pattern of regional industrialization in …