Ebook Download Global Economic History: A Very Short Introduction, by Robert C. Allen
If you still need much more publications Global Economic History: A Very Short Introduction, By Robert C. Allen as references, going to look the title as well as motif in this site is readily available. You will certainly find more great deals books Global Economic History: A Very Short Introduction, By Robert C. Allen in numerous disciplines. You could additionally when possible to check out the book that is currently downloaded. Open it and also conserve Global Economic History: A Very Short Introduction, By Robert C. Allen in your disk or device. It will relieve you wherever you need guide soft file to read. This Global Economic History: A Very Short Introduction, By Robert C. Allen soft documents to review can be referral for everyone to enhance the skill as well as capability.
Global Economic History: A Very Short Introduction, by Robert C. Allen
Ebook Download Global Economic History: A Very Short Introduction, by Robert C. Allen
Just what do you do to start reviewing Global Economic History: A Very Short Introduction, By Robert C. Allen Searching the e-book that you enjoy to check out initial or locate an interesting book Global Economic History: A Very Short Introduction, By Robert C. Allen that will make you intend to read? Everybody has difference with their factor of reviewing a book Global Economic History: A Very Short Introduction, By Robert C. Allen Actuary, reviewing practice has to be from earlier. Many individuals may be love to read, but not a publication. It's not fault. A person will certainly be tired to open the thick publication with little words to read. In more, this is the actual problem. So do occur possibly with this Global Economic History: A Very Short Introduction, By Robert C. Allen
Reviewing Global Economic History: A Very Short Introduction, By Robert C. Allen is an extremely valuable interest and also doing that could be undergone whenever. It implies that checking out a publication will not restrict your task, will certainly not require the time to spend over, and also won't spend much cash. It is an extremely affordable as well as obtainable point to buy Global Economic History: A Very Short Introduction, By Robert C. Allen However, keeping that quite cheap point, you could get something new, Global Economic History: A Very Short Introduction, By Robert C. Allen something that you never do and also enter your life.
A new encounter could be gained by reviewing a publication Global Economic History: A Very Short Introduction, By Robert C. Allen Even that is this Global Economic History: A Very Short Introduction, By Robert C. Allen or other book compilations. Our company offer this publication because you could discover more things to encourage your ability and expertise that will make you much better in your life. It will certainly be also useful for the people around you. We advise this soft file of guide below. To recognize the best ways to obtain this book Global Economic History: A Very Short Introduction, By Robert C. Allen, learn more right here.
You can find the link that we provide in website to download Global Economic History: A Very Short Introduction, By Robert C. Allen By buying the cost effective rate and also get finished downloading and install, you have actually completed to the initial stage to obtain this Global Economic History: A Very Short Introduction, By Robert C. Allen It will be nothing when having acquired this publication as well as not do anything. Review it and also disclose it! Spend your few time to just check out some sheets of web page of this book Global Economic History: A Very Short Introduction, By Robert C. Allen to review. It is soft data and also simple to review anywhere you are. Appreciate your brand-new routine.
Why are some countries rich and others poor? In 1500, global income differences were small, but disparities have grown dramatically since Columbus reached America. In this Very Short Introduction, Robert C. Allen shows how the interplay of geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. Allen shows how 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, 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, creating banks to stabilize the currency and mobilize domestic savings for investment, and promoting mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. A few countries--Japan, Soviet Russia, South Korea, Taiwan, and perhaps China--have caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through coordinated investment.
- Sales Rank: #57597 in Books
- Published on: 2011-11-15
- Original language: English
- Number of items: 1
- Dimensions: 4.40" h x .50" w x 6.70" l, .33 pounds
- Binding: Paperback
- 192 pages
About the Author
Robert C. Allen is Professor of Economic History at Oxford University. He is a fellow of the British Academy.
Most helpful customer reviews
13 of 14 people found the following review helpful.
Very High Density Information
By Jerry Ward
The general question Professor Allen addresses is why some countries are rich and others poor. He notes that around 1500 CE there was no marked difference among most economies, and divergence only began when long distance commerce was enabled by the advent of full rigged sailing ships. He identifies this as the birth of globalization. The gains from this long distance trade were not enjoyed uniformly, thus beginning the "great divergence".
Both England and the Netherlands profited by this globalization, and had pulled away from the rest of the world by the 17th century. England became the home of the Industrial Revolution. This period, say 1760 to 1850, was replete with innovations in many areas, including the first steam engine.
The steam engine was the first practical demonstration that heat could be turned into power. He does a good job of describing it's early evolution and its initial impact, but he doesn't explicitly note its crucial role in opening the technical door to the much more widespread exploitation of the power contained in high energy fuels like coal and oil and, much later, nuclear fission. Escaping the power limitations inherent in animal muscle put the west on an entirely new trajectory of economic growth.
The last two-thirds of book presents a description of the economic development of many individual areas of the world and their economic interactions. In addition to GDP/head, his yardstick of comparison is often the relative wages of workers. The Economists magazine's Big Mac Index was not available in those early days to normalize currency differences, so he constructed his own: he estimated the bare subsistence wage for each country, and then compared countries in terms of wages as a factor of bare subsistence.
He describes the standard model of development: the integration of internal markets through the improvement of transportation and the elimination of internal tariffs, the protection of infant industries through tariffs, banks to produce stable financing, and mass education to upgrade the labor force. He describes its application to Russia before WWI, where it failed, and to Japan where it ultimately succeeded. In the 19th century, with singular boldness, the Japanese completely rejected the ancient cultures and practices, introduced and emphasized mass education, and began the adoption of western technology modified to their needs. In the early 20th century, full implementation of the standard model transformed them into a modern nation. A still different story was told for the USSR and for China.
Data is presented that clearly shows how GDP per worker rises dramatically with capital invested per worker throughout the world. He argues that low wage countries have remained poor because there is little incentive to substitute capital for cheap labor. This is one of Africa's many problems, still suffering from its colonial legacy.
I have one criticism: I would have appreciated more discussion of the differences stemming from different political-economic practices, such as state planning versus free-market capitalism. Issues such as the sanctity of private property and the relative economic freedom accorded individuals as it affects the level of innovation and entrepreneurship. Such factors are briefly mentioned early on, but essentially dismissed.
Overall, it is an impressive work. The data he has amassed is comprehensive, and his descriptions are truly enlightening. It is not a casual read; he is economical with words and conveys a lot of information in a short book. I regret that it was not published soon enough to be a resource for me in writing my own book, The Evolution of Riches: An Economic History of Innovation and Capitalism, the Role of Government, and the Hazards of Democracy.
14 of 17 people found the following review helpful.
Well written and relevant to today's political solutions
By Glenn A. Carleton
The author writes with a style where he consistently gets to the point with compelling facts and commentary. I found this book to cause me to reflect on what the US (or any country) needs to focus on to thrive, as well as to further increase my appreciation for the decisions made by our country's leaders over its first 100 plus years. While we have gotten a lot wrong, and still do, we got a lot right. If we focus on what we did right, we should be able to convince ourselves to do more of the same in the future. One example is education, how our approach to universal education gave us so many advantages. This book also gives one a sense of how lucky we were in many ways with inherent advantages one could argue we squandered. My thoughts are that one reason we are where we are today is that our founders were far more intellectual and influenced by great thinkers of the day (e.g. Scottish Enlightenment), whereas today we are simplistic, closed minded, and afraid to be bold with new approaches. Seems like we will have to go down further before we wake up and begin to dialogue as was done in the past. If we don't, my fear is whole generations will come out cynical and poorly prepared for the new world. This book seems to have answers to create an environment where future generations can develop the skills needed to thrive and compete with other countries, or even other generations who were given a head start.
In sum, I found this to be one of the more enjoyable and enlightening reads.
1 of 1 people found the following review helpful.
Ambitious topic done well
By William A. Thayer
First of all, Global Economic History is a pretty ambitious topic. But I think the author did a pretty good job. There are a number of good charts. Where I think the book is particularly good is in explaining why Latin America and Sub Saharan Africa have not done well. There isn't a real good explanation of why the Soviet Union growth stalled out. There is a pretty good explanation of Japan's rise but again not so good on why it stalled out. I think the explanation of China is fairly good but it doesn't even mention Special Economic Zones. No one is going to be perfect on such an ambitious topic. This book is one of the better ones.
Global Economic History: A Very Short Introduction, by Robert C. Allen PDF
Global Economic History: A Very Short Introduction, by Robert C. Allen EPub
Global Economic History: A Very Short Introduction, by Robert C. Allen Doc
Global Economic History: A Very Short Introduction, by Robert C. Allen iBooks
Global Economic History: A Very Short Introduction, by Robert C. Allen rtf
Global Economic History: A Very Short Introduction, by Robert C. Allen Mobipocket
Global Economic History: A Very Short Introduction, by Robert C. Allen Kindle
Tidak ada komentar:
Posting Komentar