Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80214
Authors: 
Chanda, Areendam
Putterman, Louis
Year of Publication: 
2004
Series/Report no.: 
Working Paper, Brown University, Department of Economics 2004-04
Abstract: 
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic history, and that the “reversal of fortune” associated with European overseas expansion from about 1500 to 1960 was an exception. We demonstrate that the colonial era reversal was in the process of being reversed in recent decades, and that this second reversal is in line with longer-term trends dating back to the first agricultural revolution.
Subjects: 
economic growth
economic development
economic history
JEL: 
O40
O10
N00
Document Type: 
Working Paper

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