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Colonialism and industrialization: a critique of Lewis

By: Alam, M. Shahid.
Material type: materialTypeLabelArticlePublisher: 2004Description: p.217-40.Subject(s): Colonialism | Industrialization In: Review of Radical Political EconomicsSummary: This article critiques W. Arthur Lewis's economic explanation of the division of the world into industrial and agricultural countries. His claim that industrialization in the tropics was held back by small markets and adverse factoral terms of trade is flawed and lacks empirical support. His rejection of the imperialist origins of poverty is poorly argued, and his claim that colonial policies did not differ from policies of sovereign countries is not supported even by his own evidence. He also ignores the strong correlation between loss of sovereignty and poor growth performance. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 36, Issue no: 2 Available AR62257

This article critiques W. Arthur Lewis's economic explanation of the division of the world into industrial and agricultural countries. His claim that industrialization in the tropics was held back by small markets and adverse factoral terms of trade is flawed and lacks empirical support. His rejection of the imperialist origins of poverty is poorly argued, and his claim that colonial policies did not differ from policies of sovereign countries is not supported even by his own evidence. He also ignores the strong correlation between loss of sovereignty and poor growth performance. - Reproduced.

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