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    Global Economic History: A Very Short Introduction (Very Short Introductions) (Paperback) By (author) Robert C. Allen

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    DescriptionWhy 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.


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    Title
    Global Economic History: A Very Short Introduction
    Authors and contributors
    By (author) Robert C. Allen
    Physical properties
    Format: Paperback
    Number of pages: 192
    Width: 110 mm
    Height: 170 mm
    Thickness: 14 mm
    Weight: 141 g
    Language
    English
    ISBN
    ISBN 13: 9780199596652
    ISBN 10: 0199596654
    Classifications

    Warengruppen-Systematik des deutschen Buchhandels: 27820
    B&T Book Type: NF
    BIC E4L: ECO
    Nielsen BookScan Product Class 3: S4.5
    BIC subject category V2: KCZ
    B&T Modifier: Region of Publication: 03
    B&T Modifier: Academic Level: 05
    B&T Modifier: Subject Development: 01
    B&T General Subject: 180
    BISAC V2.8: HIS037000
    Ingram Subject Code: BE
    B&T Modifier: Continuations: 02
    BISAC V2.8: BUS039000
    DC22: 330.9
    B&T Approval Code: A45500000
    LC subject heading:
    B&T Merchandise Category: UP
    BISAC V2.8: BUS023000
    LC subject heading:
    LC classification: HC51 .A56 2011
    Thema V1.0: NHB, KCZ
    Illustrations note
    15 black and white line drawings
    Publisher
    Oxford University Press
    Imprint name
    Oxford University Press
    Publication date
    15 November 2011
    Publication City/Country
    Oxford
    Author Information
    Robert C. Allen is Professor of Economic History at Oxford Univeristy and a Fellow of Nuffield College. He has written on English agricultural history, international competition in the steel industry, the extinction of whales, andt he contemporary policies on education. His articles have won the Cole Prize, the Redlich Prize, and the Explorations Prize. His previous books include Enclosure and the Yeoman: The Agricultural Development of the South Midlands, 1450-1850 (2009), and Farm to Factory: A Re-interpretation of the Soviet Industrial Revolution (2003), both of which won the Ranki Prize of the Economic History Association.He is currently studying the global history of wages and prices and pre-industrial living standards around the world. He is a Fellow of the British Academy and the Royal Society of Canada.
    Table of contents
    1. The great divergence; 2. The rise of the west; 3. The industrial revolution; 4. The ascent of the rich; 5. The great empires; 6. The Americas; 7. Africa; 8. The standard model and late industrialization; 9. Big push industrialization; Epilogue