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Global Economic History: A Very Short Introduction

Jazyk AngličtinaAngličtina
Kniha Brožovaná
Kniha Global Economic History: A Very Short Introduction Robert C Allen
Libristo kód: 04387355
Nakladatelství Oxford University Press, září 2011
Why are some countries rich and others poor? In 1500, the income differences were small, but they h... Celý popis
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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.

Informace o knize

Plný název Global Economic History: A Very Short Introduction
Jazyk Angličtina
Vazba Kniha - Brožovaná
Datum vydání 2011
Počet stran 192
EAN 9780199596652
ISBN 0199596654
Libristo kód 04387355
Nakladatelství Oxford University Press
Váha 166
Rozměry 114 x 173 x 10
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