This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America …, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial … an early effort to identify the sources underlying the spread of the industrial revolution to the poor periphery …

Most countries in the periphery specialized in the export of just a handful of primary products for most of their …. Additionally, both effects were asymmetric between Core and Periphery, findings that speak directly to the terms of trade debates …

On average, the poor European periphery converged on the rich industrial core in the four or five decades prior to … globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …

inflation-prone Periphery Countries that use an exchange rate peg as an anti- inflationary device, when the Center is hit by an … aggregate demand shock. Cooperation in the Periphery is constrained to be symmetric: costs and benefits must be equal for all …. The first is when the constrained cooperative response of the Periphery is a moderate common devaluation while the non …

manufacturing, but when transport costs fall below a critical value a core-periphery pattern spontaneously forms, and nations that … find themselves in the periphery suffer a decline in real income. At still lower transport costs there is convergence of …