Oxford University Press's
Academic Insights for the Thinking World

  • Author: Deepak Nayyar

How Asia got richer

Two centuries ago, in 1820, Asia accounted for two-thirds of world population and more than one-half of world income. The subsequent decline of Asia was due largely to its integration with the world economy shaped by colonialism and driven by imperialism. By 1962, its share in world income had plummeted to 15%. Even in 1970, […]

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