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The Power of Productivity
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The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability

William W. Lewis

Abstract

The disparity between rich and poor countries is the most serious, intractable problem facing the world today. The chronic poverty of many nations affects more than the citizens and economies of those nations; it threatens global stability as the pressures of immigration become unsustainable and rogue nations seek power and influence through extreme political and terrorist acts. To address this tenacious poverty, a vast array of international institutions has pumped billions of dollars into these nations in recent decades, yet despite this infusion of capital and attention, roughly five billio ... More

Keywords: poverty, global stability, immigration, terrorist acts, international institutions, poor countries, economic disparity, auto makers, street vendors, exchange-rate flexibility

Bibliographic Information

Print publication date: 2004 Print ISBN-13: 9780226476766
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226477008.001.0001

Authors

Affiliations are at time of print publication.

William W. Lewis, author