Uneven Economic Development ANTONIOOCAMPOis Professor in the Professional Practice of International and Public Affairs at Columbia University, New York. At the time of writing he was Under-Secretary General for Economic and Social Affairs at the United Nations. JOSE ROBVOSis Director of the Development Policy and Analysis Division at the Department of Economic and Social Affairs of the United Nations, New York, and Affiliated Professor of Finance and Development at the Institute of Social Studies, The Hague. Uneven Economic Development Edited by Jose Antonio Ocampo and Rob Vos TWN Zed Books Third World Network London and New York Published in association with the UNITED NATIONS Uneven Economic Development was first published in 2008. Published in association with the United Nations Published in the Indian Subcontinent, South East Asia (except Malaysia and Singapore) and Africa by ORIENT LONGMAN PRIVATE LIMITED Registered Office: 3-6-752 Himayatnagar, Hyderabad 500 029 (A.P.), India Email:
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[email protected] Copyright O United Nations 2008 All rights reserved No pan of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic or otherwise, without the prior permission of the copyright holder. United Nations' sales number: E.08.II.A.8 ISBN: 978 81 250 3525 1 Pb (Orient Longman) ISBN: 978 1 848 13 194 1 Hb (Zed Books) ISBN: 978 1 848 l 3 195 8 Pb (Zed Books) A catalogue record for this book is available from the British Library US CIP data is available from the Library of Congress Cover design by Rogue Four Design Printed in India by Graphica Printers, Hyderabad 500 01 3 Contents Explanatory Notes vi Acknowledgements X CHAPTER I GROWTH AND DEVELOPMENT TRENDS, 1960-2006 1 CHAPTER I1 STRUCTURAL CHANGE AND ECONOMICGROWTH 33 CHAP