Summary

This important new book critically examines the argument that structural asymmetries between the rich, industrialised countries of the global 'north' or 'centre' and the poor, largely primary-producing countries of the 'south' or 'periphery' could be responsible for an unequal division of the gains from international trade and investment. It explores this view by developing a model of Centre-Periphery relations using building blocks provided by Sraffa, Leontief, Pasinetti, Goodwin and others.