Economics and World History: Myths and ParadoxesWe cherish many myths about our histories. Not the least of these myths are those about economic history: such as the roots of depressions, the causes of growth and the reasons behind nations' different stages of economic development. Paul Bairoch sets out in this book to demolish 18 such myths and to reveal generally unnoticed but economically important turning points in modern economic history. |
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Page 60
the only type of important raw material for which the developed countries depended on a Third World production surplus was textile fibres, but even here the dependency was limited. But let us begin with the most important raw material ...
the only type of important raw material for which the developed countries depended on a Third World production surplus was textile fibres, but even here the dependency was limited. But let us begin with the most important raw material ...
Page 73
estimated that exports to the Third World represented only 1.3–1.7 % of the total volume of the production of those developed countries , and exports to the colonies only 0.6 0.9 % . All these figures are rather higher if we limit ...
estimated that exports to the Third World represented only 1.3–1.7 % of the total volume of the production of those developed countries , and exports to the colonies only 0.6 0.9 % . All these figures are rather higher if we limit ...
Page 76
Between 1974 and 1983 , the share of the Third World in developed Western countries ' exports of manufactures fluctuated around 22 % . Since 1984 , this share has declined and has returned to the levels of the early 1970s .
Between 1974 and 1983 , the share of the Third World in developed Western countries ' exports of manufactures fluctuated around 22 % . Since 1984 , this share has declined and has returned to the levels of the early 1970s .
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Contents
Was there Free Trade in the Rest of the World? | 30 |
Has Protectionism Always had a Negative Impact? | 44 |
Major Myths on the Role of the Third World in Western | 57 |
Copyright | |
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Common terms and phrases
agricultural products already America annual average Bairoch balance began beginning Britain British capita cereals Chapter cities coal colonial compared concerned considered consumption costs cotton decline deficit depression developed countries duties early economic development economic growth Empire energy especially estimate Europe European example excluding exports fact factors figures foreign France free trade future Germany higher implies important increase indices Industrial Revolution Italy Japan lead least less liberal limited major manufactured means measures million tons myths negative nineteenth century noted period petroleum population present primary probably protection protectionism protectionist rapid raw materials reached regions relative represented rest result role sectors seen share situation Sources Statistics sugar Table tariff terms of trade textile Third World Trade balance turning United Kingdom urbanization various volume West Western
Bibliographic information
| Title | Economics and World History: Myths and Paradoxes |
| Author | Paul Bairoch |
| Publisher | Harvester Wheatsheaf, 1993 |
| ISBN | 074500654X, 9780745006543 |
| Length | 184 pages |
| Export Citation | BiBTeX EndNote RefMan |