, 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 …

A leading authority on economic globalization argues that industrialization in the core countries of northwest Europe …, Trade, and Distribution -- 2 Core Growth and World Transport Revolutions -- 3 World Market Integration and the Periphery …-of-Trade Impact: Secular Trend and Volatility -- 7 Bucking the Global Tide with High Tariffs -- 8 Coda: Some Guarded Lessons from …