articleGlobal Environmental ChangeFeb 14, 2022HYBRID OA

Imperialist appropriation in the world economy: Drain from the global South through unequal exchange, 1990–2015

London School of Economics and Political Science · Universitat Autònoma de Barcelona · +4 more institutions

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Abstract

Unequal exchange theory posits that economic growth in the “advanced economies” of the global North relies on a large net appropriation of resources and labour from the global South, extracted through price differentials in international trade. Past attempts to estimate the scale and value of this drain have faced a number of conceptual and empirical limitations, and have been unable to capture the upstream resources and labour embodied in traded goods. Here we use environmental input-output data and footprint analysis to quantify the physical scale of net appropriation from the South in terms of embodied resources and labour over the period 1990 to 2015. We then represent the value of appropriated resources…

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