Underdevelopment A Strategy for Reform

Underdevelopment: A Strategy for Reform by Paolo Sylos Labini, published by Cambridge University Press on June 10, 2010, is a reissue comprising 224 pages in English. This book examines the complexities of globalization, highlighting how it has not resulted in a uniform improvement across the global economy. Instead, it points out the increasing divergence between the wealth of the richest and the poorest nations, offering insights into the varied economic paths taken by developing countries.
Readers will find a detailed exploration of economic growth theories and a proposed strategy for institutional reform aimed at addressing underdevelopment. The book delves into topics such as economic development, globalization, and labor relations, providing a comprehensive analysis of the challenges faced by nations in the context of environmental change and industrial relations. Sylos Labini’s work encourages a deeper understanding of the factors influencing economic trajectories and the necessary reforms to foster equitable growth.
Official synopsis Publisher
The process of globalization, evidenced by environmental change, migration, industrial relations and the extraordinary acceleration of industrial economic relations, has not led to increased convergence in the global economy. Rather, in some cases it has been accompanied by greater divergence between the fortunes of the world’s richest and poorest nations. Professor Sylos Labini offers a new approach to the theory of economic growth and reminds us of the great variety of economic trajectories in developing countries. He further proposes a strategy of institutional reform to respond to the problem of underdevelopment.
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