Globalisation, history and development: a tale of two centuries
将全球化置于历史视角，比较19世纪末和20世纪两个时期，发现全球化并未带来快速增长和经济趋同，反而导致增长放缓和收入差距扩大，对发展研究有参考价值。
This paper situates globalisation in historical perspective to analyse its implications for development. It sketches a picture of globalisation during the late nineteenth and twentieth centuries. A comparison of these two epochs reveals striking parallels, unexpected similarities and important differences. It shows that globalisation did not lead to rapid growth and economic convergence in the world, either then or now. Indeed, growth slowed down, and income levels diverged, while the gap between the industrialised and developing countries widened, in both epochs. The story of globalisation, it turns out, does not conform to the fairy tale about convergence and development. Copyright 2006, Oxford University Press.