Download or read book Global Economic History A Very Short Introduction written by Robert C. Allen and published by OUP Oxford. This book was released on 2011-09-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Download or read book The Great Divergence written by Timothy Noah and published by Bloomsbury Publishing USA. This book was released on 2012-04-24 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly unequal. This steady growing apart is often mentioned as a troubling indicator by scholars and policy analysts, though seldom addressed by politicians. What economics Nobelist Paul Krugman terms "the Great Divergence" has till now been treated as little more than a talking point, a rhetorical club to be wielded in ideological battles. But this Great Divergence may be the most important change in this country during our lifetimes-a drastic, elemental change in the character of American society, and not at all for the better. The inequality gap is much more than a left-right hot potato-its causes and consequences call for a patient, non-partisan exploration. Timothy Noah's The Great Divergence, based on his award-winning series of articles for Slate, surveys the roots of the wealth gap, drawing on the best thinking of contemporary economists and political scientists. Noah also explores potential solutions to the problem, and explores why the growing rich-poor divide has sparked remarkably little public anger, in contrast to social unrest that prevailed before the New Deal. The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about the shape of American society in the 21st century, and a work that will help frame the debate in a Presidential election year.

Download or read book The Great Divergence written by Kenneth Pomeranz and published by Princeton University Press. This book was released on 2021-04-13 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.

Download or read book Why Europe Grew Rich and Asia Did Not written by Prasannan Parthasarathi and published by Cambridge University Press. This book was released on 2011-08-11 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why Europe Grew Rich and Asia Did Not provides a striking new answer to the classic question of why Europe industrialised from the late eighteenth century and Asia did not. Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies. Their subsequent divergence can be attributed to different competitive and ecological pressures that in turn produced varied state policies and economic outcomes. This account breaks with conventional views, which hold that divergence occurred because Europe possessed superior markets, rationality, science or institutions. It offers instead a groundbreaking rereading of global economic development that ranges from India, Japan and China to Britain, France and the Ottoman Empire and from the textile and coal industries to the roles of science, technology and the state.

Download or read book Averting a Great Divergence written by Peer Vries and published by Bloomsbury Publishing. This book was released on 2019-08-08 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most significant debate in global economic history over the past twenty years has dealt with the Great Divergence, the economic gap between different parts of the world. Thus far, this debate has focused on China, India and north-western Europe, particularly Great Britain. This book shifts the focus to ask how Japan became the only non-western county that managed, at least partially, to modernize its economy and start to industrialize in the 19th century. Using a range of empirical data, Peer Vries analyses the role of the state in Japan's economic growth from the Meiji Restoration to World War II, and asks whether Japan's economic success can be attributed to the rise of state power. Asserting that the state's involvement was fundamental in Japan's economic 'catching up', he demonstrates how this was built on legacies from the previous Tokugawa period. In this book, Vries deepens our understanding of the Great Divergence in global history by re-examining how Japan developed and modernized against the odds.

Download or read book Before and Beyond Divergence written by Jean-Laurent Rosenthal and published by Harvard University Press. This book was released on 2011-04 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did sustained economic growth arise in Europe rather than in China? The authors combine economic theory and historical evidence to argue that political processes drove the economic divergence between the two world regions, with continued consequences today that become clear in this innovative account.

Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Download or read book The Long Road to the Industrial Revolution written by J. L. Van Zanden and published by BRILL. This book was released on 2009-06-17 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘The Long Road to the Industrial Revolution’ offers a new explanation of the origins of the industrial revolution in Western Europe by placing development in Europe within a global perspective. It focuses on its specific institutional and demographic development since the late Middle Ages, and on the important role played by human capital formation

Download or read book Great Divergence and Great Convergence written by Leonid Grinin and published by Springer. This book was released on 2015-05-09 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.

Download or read book The High Wage Economy and the Industrial Revolution A Restatement written by Robert C. Allen and published by Litres. This book was released on 2022-01-29 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article responds to Professor Jane Humphries' critique of my assessment of the high wage economy of eighteenth century British and its importance for explaining the Industrial Revolution. New Evidence is presented to show that women and children participated in the high wage economy. It is also shown that the high wage economy provides a good explanation of why the Industrial Revolution happened in the eighteenth century by showing that increases of women's wages around 1700 greatly increased the profitability of using spinning machinery. The relationship between the high wage economy of the eighteenth century and the inequality and poverty in Britain in the nineteenth century is explored.

Download or read book The New Geography of Jobs written by Enrico Moretti and published by Houghton Mifflin Harcourt. This book was released on 2012 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Makes correlations between success and geography, explaining how such rising centers of innovation as San Francisco and Austin are likely to offer influential opportunities and shape the national and global economies in positive or detrimental ways.

Download or read book State Economy and the Great Divergence written by Peer Vries and published by Bloomsbury Publishing. This book was released on 2015-04-23 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the debates surrounding the comparative economic development of Europe and Asia.

Download or read book British Economic Growth 1270 1870 written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2015-01-22 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first systematic quantitative account of British economic growth from the thirteenth century to the Industrial Revolution.

Download or read book Professional Learning Communities written by Louise Stoll and published by McGraw-Hill Education (UK). This book was released on 2007-03-16 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: “All who are interested and concerned about educational reform and the improvement of schools will find this book a must read. It stimulates, it challenges, and it informs, such that the reader is most surely enriched by its plenitude.” Dr Shirley Hord, Scholar Emerita “At last we have a book of international cases to add to the literature on networks! Policymakers and practitioners alike will find the reasons why networks are fast becoming the reform organizations of choice. The book elevates network understanding to a new level.” Ann Lieberman, Senior Scholar at the Carnegie Foundationfor the Advancement of Teaching What is a professional learning community? What are the key challenges facing these communities and how might they be resolved? Is it time to extend our thinking about professional learning communities? There is great interest internationally in the potential of professional learning communities for enhancing educational reform efforts and sustaining improvement. This international collection expands perceptions and understanding of professional learning communities, as well as highlighting frequently neglected complexities and challenges. Drawing on research, each chapter offers a deeper understanding of topics such as distributed leadership, dialogue, organisational memory, trust, self-assessment and inquiry, and purpose linked to learning. The last section of the book focuses upon three of the most challenging dilemmas that face developing professional learning communities - developing professional learning communities in secondary school, building social capital, and sustaining professional learning communities. The authors provide pointers on why these challenges exist, offering rays of hope for ways forward. Professional Learning Communities is key international reading for education professionals, school practitioners, policymakers, academics and research students. It is a must-read for anyone interested in building capacity for sustainable learning and the ability to harness your community as a resource for change.

Download or read book Multicultural Origins of the Global Economy written by John M. Hobson and published by Cambridge University Press. This book was released on 2020-12-10 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: Develops a fresh non-Eurocentric analysis of the rise and development of the global economy in the last half-millennium.

Download or read book The Global Economy written by Franco Amatori and published by Routledge. This book was released on 2019-07-23 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Economy: A Concise History traces the history of the global economy over the past thousand years. In doing so, it explores all the main waves of globalization, from the trade revolution of the Middle Ages, to the Great and Little Divergence between the West and the East, as well as the North and the South of the world. This book examines the Industrial Revolution and the World Wars, and their respective consequences, as well as the interaction between technological shifts and the transition in geopolitical equilibria. The last chapters are dedicated to an in-depth examination of the transformation which occurred in the global economy after 1989. The chronological structure of the book is designed to help students memorize and understand key events. This book also discusses broader themes, such as convergence–divergence, growth and decline, development, and industrial revolutions. This will make it of interest not only to students and academics, but to all readers wishing to gain a deeper understanding of the history and current state of the global economy.

Download or read book Transitions to Capitalism in Early Modern Europe written by Robert S. Duplessis and published by Cambridge University Press. This book was released on 1997-09-18 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between the end of the Middle Ages and the Industrial Revolution, the long-established structures and practices of European agriculture and industry were slowly, disparately, but profoundly transformed. Transitions to Capitalism in Early Modern Europe, first published in 1997, narrates and analyzes the diverse patterns of economic change that permanently modified rural and urban production, altered Europe's economy and geography, and gave birth to new social classes. Broad in chronological and geographical scope and explicitly comparative, the book introduces readers to a wealth of information drawn from thoughout Mediterranean, east-central, and western Europe, as well as to the classic interpretations and current debates and revisions. The study incorporates scholarship on topics such as the world economy and women's work, and it discusses at length the impact of the emergent capitalist order on Europe's working people.