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Colonialism and Industrialization: A Critique of Lewis

Author

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  • M. Shahid Alam

    (Department of Economics, Northeastern University, Boston, MA 02115, USA)

Abstract

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.

Suggested Citation

  • M. Shahid Alam, 2004. "Colonialism and Industrialization: A Critique of Lewis," Review of Radical Political Economics, Union for Radical Political Economics, vol. 36(2), pages 217-240, June.
  • Handle: RePEc:sae:reorpe:v:36:y:2004:i:2:p:217-240
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    Cited by:

    1. Simplice Asongu & Mohamed Jellal, 2014. "Foreign aid, investment and fiscal policy behavior: theory and empirical evidence," Working Papers of the African Governance and Development Institute. 14/030, African Governance and Development Institute..
    2. Simplice Asongu & Mohamed Jellal, 2016. "Foreign Aid Fiscal Policy: Theory and Evidence," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 58(2), pages 279-314, June.
    3. Asongu, Simplice A & Jellal, Mohamed, 2014. "International aid, corruption and fiscal policy behavior," MPRA Paper 58750, University Library of Munich, Germany.
    4. Simplice Asongu, 2014. "The Questionable Economics of Development Assistance in Africa: Hot-Fresh Evidence, 1996–2010," The Review of Black Political Economy, Springer;National Economic Association, vol. 41(4), pages 455-480, December.
    5. Asongu Simplice, 2013. "Consult your gods: the questionable economics of development assistance in Africa," Working Papers of the African Governance and Development Institute. 13/002, African Governance and Development Institute..
    6. Asongu, Simplice & Jellal, Mohamed, 2014. "International aid corruption and fiscal behavior policy," MPRA Paper 57192, University Library of Munich, Germany.

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