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Global Economic History | 2:a upplagan

Global Economic History | 2:a upplagan

  • Danskt band, Engelska, 2011
  • Författare: Robert C. Allen
  • Betyg:

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Beskrivning

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.

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Produktinformation

Kategori:
Ekonomi & management
Bandtyp:
Danskt band
Språk:
Engelska
Förlag:
Oxford University Press
Upplaga:
2
Utgiven:
2011-09-15
ISBN:
9780199596652
Sidantal:
192

Används bl.a. i följande kurser

EKHE43 UTVC11 5HA303 2EH035 2EH050 2EH030 EKHA24 6HI035 EKHM64 2EH049 2EH012 2EH055 EH6134 2EH335 EH2022 EH1411 5HA302 FK111L UTVC21

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