PODCAST: Hexapodia VI: Þe Global South Begins to Converge to þe Global North!; Wiþ Noah Smith & Brad DeLong
braddelong.substack.com
For 200 years—from 1800 to 2000—first the Industrial Revolution Age and next the Modern Economic Growth Age rolled forward, bringing previously unimaginable wealth to the global north. And the global south fell further and further behind. Don’t get us wrong—life expectancy, nutrition standards, and material well-being in 2000 were all much higher in the global south in 2000 than in 1800. But the proportional gap vis-a-vis the global north had grown to staggering and awful proportions that were a scandal, a disgrace, and a crime. But since 2000 the worm may have turned: now it looks as though the global south—virtually the entire global south—is now “converging” and catching up to the global north.
PODCAST: Hexapodia VI: Þe Global South Begins to Converge to þe Global North!; Wiþ Noah Smith & Brad DeLong
PODCAST: Hexapodia VI: Þe Global South Begins…
PODCAST: Hexapodia VI: Þe Global South Begins to Converge to þe Global North!; Wiþ Noah Smith & Brad DeLong
For 200 years—from 1800 to 2000—first the Industrial Revolution Age and next the Modern Economic Growth Age rolled forward, bringing previously unimaginable wealth to the global north. And the global south fell further and further behind. Don’t get us wrong—life expectancy, nutrition standards, and material well-being in 2000 were all much higher in the global south in 2000 than in 1800. But the proportional gap vis-a-vis the global north had grown to staggering and awful proportions that were a scandal, a disgrace, and a crime. But since 2000 the worm may have turned: now it looks as though the global south—virtually the entire global south—is now “converging” and catching up to the global north.