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Publications (3)
– Diversity in Development
In 1820, Asia accounted for two-thirds of world population and over half of world income. The subsequent decline of Asia was attributable to its integration with a world economy shaped by colonialism and driven by imperialism. By 1970, Asia was the poorest continent in the world, marginal except for...
When Gunnar Myrdal published his magnum opus, Asian Drama: An Inquiry into the Poverty of Nations, in 1968, he was deeply pessimistic about the development prospects in Asia. The fifty years since witnessed a remarkable economic transformation in Asia — even if it has been uneven across countries...
– Industrialization in Africa reconsidered
Our research shows that structural change in Africa is relying on a new set of economic activities, called ‘industries without smokestacks’, created by recent technological changes and a changing global market place. Adopting a broad concept of industrialization is crucial to recognizing that...
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