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Trade and PovertyWhen the Third World Fell Behind$
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Jeffrey G. Williamson

Print publication date: 2011

Print ISBN-13: 9780262015158

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262015158.001.0001

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Better Late Than Never: Industrialization Spreads to the Poor Periphery

Better Late Than Never: Industrialization Spreads to the Poor Periphery

(p.199) 12 Better Late Than Never: Industrialization Spreads to the Poor Periphery
Trade and Poverty

Jeffrey G. Williamson

The MIT Press

This chapter examines the spread of industrialization to the poor periphery, focusing on Brazil and Mexico. It shows that industrialization of Brazil and Mexico was very impressive between 1870 and 1913, especially compared with the rest of the poor periphery; the industrial liftoff started well before 1890; Mexico recorded the most rapid industrialization before 1901; and after 1900, Argentina, Chile, and Brazil all recorded rapid industrial growth well in excess of their GDP growth. What makes this performance all the more striking is that it was preceded by seven decades of de-industrialization. The chapter also argues that the Latin American findings generalize to other parts of the poor periphery.

Keywords:   Mexico, Brazil, Latin American, industrialization, de-industrialization, poor periphery

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