Theories of growth and international trade are reviewed critically from the perspective of understanding persistent inter-country and inter-regional income inequality. Three separate literatures are considered for the insights they offer about international disparity: Classical political...

When the Third World fell behind -- The first global century up to 1913 -- Biggest Third World terms of trade boom ever? -- The economics of Third World growth engines and dutch diseases -- Measuring third world de-industrialization and Dutch disease -- An Asian de-industrialization illustration...