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The tension and disparity between developed and underdeveloped nations will be a major challenge to world stability in the twenty-first century. In an era of international markets and global economy, it is thus important to understand the dynamic forces that have led to the development and expansion of capitalism, which continues to transform society at a galloping pace. The key essays in this valuable collection present different perspectives but they are all united by the fundamental premise that capitalism is at the root of both development and imperialism. Editor Ronald H. Chilcote has selected major contributors in the field of economic development and divided their articles into four thematic sections. This well-designed anthology provides an excellent basis for a sophisticated understanding of current political and economic realities and the historical developments that went into their making.
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The tension and disparity between developed and underdeveloped nations will be a major challenge to world stability in the twenty-first century. In an era of international markets and global economy, it is thus important to understand the dynamic forces that have led to the development and expansion of capitalism, which continues to transform society at a galloping pace. The key essays in this valuable collection present different perspectives but they are all united by the fundamental premise that capitalism is at the root of both development and imperialism. Editor Ronald H. Chilcote has selected major contributors in the field of economic development and divided their articles into four thematic sections. This well-designed anthology provides an excellent basis for a sophisticated understanding of current political and economic realities and the historical developments that went into their making.