, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently … and volatility forces between 1782 and 1913 during the Great Divergence. First, it argues that the new economic order had …

, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently … and volatility forces between 1782 and 1913 during the Great Divergence. First, it argues that the new economic order had …

of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro …, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has …

of life deep into the 18th century. Does world market integration breed more or less commodity price volatility? The … been associated with much greater commodity price volatility, while world market integration associated with peace and pro …, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has …