Includes bibliographical references and index.

When the Third World fell behind -- The first global century up to 1913 -- Biggest Third World terms of trade boom ever? -- The economics of Third World growth engines and dutch diseases -- Measuring third world de-industrialization and Dutch disease -- An Asian de-industrialization illustration : an Indian paradox? -- A Middle East de-industrialization illustration : Ottoman problems -- A Latin American de-industrialization illustration : Mexican exceptionalism -- Rising Third World inequality during the trade boom : did it matter? -- Export price volatility: another drag on Third World growth? -- Tying the knot : the globalization and great divergence connection -- Better late than never : industrialization spreads to the poor periphery -- Policy response : what did they do? What should they have done? -- Morals of the story.