Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know …, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has …

Did independence push Latin America down a growth-inequality trade-off? During the late colonial decades, the region … completed two centuries of growth unmatched anywhere and inequality reached spectacular heights. During the half century after … insurgency and independence, inequality fell steeply and growth was so modest that the period is called the lost decades. With …

, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de … econometric evidence from 1870-1939, we know that while a terms of trade improvement raised long run growth in the rich core, it … divergence between core and periphery. Third, the boom and its de-industrialization impact was only part of the story; growth …

The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards … modern industrial growth breaks that link. Recently, economic historians have presented evidence from England showing that … steep secular rise thereafter -- must be explained both by industrial revolutionary growth forces and by global forces that …

-imperial collapse and entering a period of relative political stability and economic growth, as did Latin America a century and a half …

The contending fundamental determinants of growth -- institutions, geography and culture --exhibit far more persistence … than do the growth rates they are supposed to explain. So, what exogenous shocks might account for the variance around …

the most explosive growth performance on earth, while Asia registered some of the worst. What brought the two regions to …