Böcker av Rob Vos

The dismal experience of many developing countries with the use of large inflows of commercial bank loans and official development assistance in the 1970s and 1980s has manifested the continuous external vulnerability of their economies.

Inequality in the world is high and rising. The problem of global uneven development is central to, and inseparable from, the international development agenda. This book examines the causes and implications of international economic divergences. It also reviews economic growth and structural change patterns since the 1960s.

The central argument of this study is that the segmented and oligopolistic financial and commodity markets, large income inequalities, and diverging accumulation behaviour of public and private sector agents are the structural and institutional features underlying the persistent macroeconomic imbalances.