Gershenkron and the Positives of Backwardness
Alexander Gershenkron (1904-1978) argued that backwardness could have a relatively positive economic role in late industrialising nations.[1] Backwardness, in Gershenkron’s sense of the word, is a state in which a country’s industry is behind that of other nations. He argued that this would lead to a number of conditions occurring during industrialisation: institutions would change …