Cworld names and years

Bairoch( (1993)

Industrial revolution significantly boosted economic growth developed nations; however, these advances failed to deliver comparable progress to the remainder of the world.

Adam smith (1776)

wrote the famous book “an inquiry into the nature and causes of the wealth of nations”

Rostow (1960)

disagrees with the idea that some countries are naturally underdeveloped.

Wallerstein (1983)

adds that capitalism is responsible for different wages globally. and agrees that imperialism is a result of global capitalist system, causing uneven changes between countries.

Salvatore (2007)

(IMS) denotes the policies, practices, tools, services, and institutions for carrying out global payments