Uneven Development of the World Economy: from Krugman to Lenin

摘要

The collapse of the American economy has revealed the fundamental weight shift of the world economy. In my understanding, it is the 'uneven development' that Lenin's Imperialism defined, and proved its rightness. To be clearer, firstly, this paper reviews Krugman's model of 'uneven development' between South and North. Secondly, we show that he has misunderstood Lenin's theory, and Lenin's theory is more realistic rather than Krugman.