This paper documents industrial output and labor productivity growth around the poor periphery 1870-1975 (Latin America … catching up? Productivity growth certainly made their industries more competitive in home and foreign markets, but other forces …

This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level …

We re-examine the role of financial market development in the intersectoral allocation of resources. Specifically, we … role of financial development in allowing firms to take advantage of growth opportunities. Our model begins with the … observe that growth opportunities will be more similar for countries that are at similar levels of economic development. This …

difference in the productivity levels of the two groups of countries - on the "convergence gap" - which remains quite large. Yet …

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 …

, rather than to generate productivity growth on their own. The traditional engines behind rapid growth, structural change and … industrialization, seem to be operating at less than full power. If African countries do achieve growth rates substantially higher, they … will have to do so pursuing a growth model that is different from earlier miracles based on industrialization. This might …

phenomena - the industrialization and growth take-off of rich northern' nations, massive global income divergence, and rapid …

during this stage of industrialization, and that much of its early productivity growth can be explained by changes in …This paper reports estimates of labor and total factor productivity, for thirteen manufacturing industries in the …

, industrialization, and education and that Mexico would have grown even more rapidly if trade and investment had been liberalized sooner …