Description
Book SynopsisThis important new book critically examines the argument that structural asymmetries between the rich, industrialised countries of the global 'north' or 'centre' and the poor, largely primary-producing countries of the 'south' or 'periphery' could be responsible for an unequal division of the gains from international trade and investment. It explores this view by developing a model of Centre-Periphery relations using building blocks provided by Sraffa, Leontief, Pasinetti, Goodwin and others.
Trade Review'All in all, this is an excellent work on trade, growth and especially international investment with a unified theme.' -- S.M. Murshed, The Economic Journal
'This book is an impressive contribution to the literature on North-South models of international economic relations, and their implications for development.' -- Scott MacDonald, The World Economy
'The challenge of providing a simple yet illuminating and integrated analysis of trade, development and international capital flows is, clearly, a daunting one. Lynn Mainwaring has nevertheless met that challenge well in this impressive book.' -- Ian Steedman, University of Manchester, UK