The Evolution of the International Economic Order by William Arthur Lewis
Do rich industrial nations underestimate the threat to their economic stability posed by demands for a new international economic order? Are the developing countries wrong to assume that their economic advancement depends on a transfer of wealth from the richer nations? Sir W. Arthur Lewis's provocative analysis of the present economic order and its origins suggests that the answer to both questions is yes. Professor Lewis perceptively illuminates aspects of recent economic history that have often been overlooked by observers of international affairs. He asks first how the world came to be divided into countries exporting manufactures and countries exporting primary commodities. High agricultural productivity and a good investment climate allowed countries in Northwest Europe to industrialize rapidly, while the favorable terms of trade they enjoyed assured them and the temperate lands to which Europeans migrated of continuing dominance over the tropical countries. At the core of the author's argument lies the contention that as the structure of international trade changes, the tropical countries move rapidly toward becoming net importers of agricultural commodities and net exporters of manufactures. Even so, they continue to depend on the markets of the richer countries for their growth, and they continue to trade on unfavorable terms. Both of these disadvantages, he concludes, stem from large agricultural sectors with low productivity and will disappear only as the technology of tropical food production is revolutionized. Originally published in 1978. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
William Lewis is the Principal Scientist at Southwest Research Institute. He has also been a member of Yosemite 2010 Program Committee. Spiro Antiochos is an astrophysicist in the Heliophysics Division of NASA GSFC. His fields of expertise include theoretical solar physics and plasma physics. Primarily, his work consists of developing theoretical models to explain observations from NASA space missions. During his career he has worked on a number of problems related to the Sun and Heliosphere, in particular, the physics of magnetic-driven activity and the structure of the Sun's corona. James Drake received his doctorate in Theoretical Physics in 1975. He remained at UCLA for a brief time as a post-doctoral scholar and then moved to the University of Maryland, first as a post-doctoral scholar and then as a member of the teaching faculty in the Department of Physics and the Institute for Physical Science and Technology. In recognition for his contributions to the field of plasma physics, he was granted fellowship status in the American Physical Society and was awarded a Humboldt Senior Scientist Research Award.
| SKU | Unavailable |
| ISBN 13 | 9780691637914 |
| ISBN 10 | 0691637911 |
| Title | The Evolution of the International Economic Order |
| Author | William Arthur Lewis |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Princeton University Press |
| Year published | 2016-04-19 |
| Number of pages | 92 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |