IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-36116-4_1.html
   My bibliography  Save this book chapter

Overview

In: Alternatives to Neoliberal Globalization

Author

Listed:
  • Dic Lo

    (University of London)

Abstract

Viewed from the perspective of worldwide economic development, the era of globalization has been dominated by three waves of catastrophes. These are the long economic stagnation in most parts of the developing world in the 1980s and 1990s, the systemic crisis in countries of the former Soviet bloc between the mid-1980s and the end of the century, and the financial and economic crisis that devastated most parts of East Asia in the closing years of the century. Because of these catastrophes, there was little sign of the income level of the developing world converging with that of the developed countries. In fact, as can be seen from Table 1.1, the average annual growth rate of per capita real GDP for all low- and middle-income economies combined was substantially lower than that of high-income economies in the period 1980–2000. No wonder the 1980s and the 1990s are known as ‘the lost decades of development’.

Suggested Citation

  • Dic Lo, 2012. "Overview," Palgrave Macmillan Books, in: Alternatives to Neoliberal Globalization, chapter 1, pages 1-9, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36116-4_1
    DOI: 10.1057/9780230361164_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-36116-4_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.