Lecture 3 A Brief History of Economic Development

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Presentation transcript:

Lecture 3 A Brief History of Economic Development The Age of Sustainable Development

3.1. Depiction of Industrial Revolution-era Factory Town Karl Eduard Biermann: Borsig-Maschinenbauanstalt zu Berlin. 1847.

3.2. Kondratiev Waves

3.3. Year (or Projected Year) Passing $2,000 GDP per capita Source: McCord, Gordon, and Jeffrey Sachs. 2013. “Development, Structure, and Transformation: Some Evidence on Comparative Economic Growth.” NBER Working Paper No. 19512. Washington, DC: National Bureau of Economic Research.

3.4. Africa under Colonial Rule (1914) “Colonial Africa 1914 map,” Declangraham et al., Wikimedia Commons, CC BY-SA 3.0,2.5,2.0,1.0.

3.5. Flying Geese Formation “Canada Goose,” Joshua Mayer, Flickr, CC BY-SA 􀀀.􀀁.

3.6. Distribution of Textile Production Sites, 1999 Source: United Nations Conference on Trade and Development. 2001. World Investment Report 2001: Promoting Linkages. New York: United Nations.

3.7. Distribution of Foreign Direct Investment in China (1999) Source: United Nations Conference on Trade and Development. 2001. World Investment Report 2001: Promoting Linkages. New York: United Nations. Note: Yellow dots represent FDI stock by major city; provinces are shaded according to FDI.