Underdevelopment

More about the book

Globalization has not resulted in a more unified global economy; instead, it has often widened the gap between wealthy and impoverished nations. Professor Sylos Labini presents a fresh perspective on economic growth theory, highlighting the diverse economic paths taken by developing countries. He advocates for institutional reforms as a solution to the challenges of underdevelopment, emphasizing the need for tailored strategies to address the unique circumstances of different nations.