Download Global Economic History: A Very Short Introduction, by Robert C. Allen
Why must pick the problem one if there is simple? Get the profit by acquiring the book Global Economic History: A Very Short Introduction, By Robert C. Allen below. You will get different method making a deal as well as get the book Global Economic History: A Very Short Introduction, By Robert C. Allen As recognized, nowadays. Soft data of guides Global Economic History: A Very Short Introduction, By Robert C. Allen end up being incredibly popular amongst the users. Are you among them? And right here, we are offering you the new compilation of ours, the Global Economic History: A Very Short Introduction, By Robert C. Allen.
Global Economic History: A Very Short Introduction, by Robert C. Allen
Download Global Economic History: A Very Short Introduction, by Robert C. Allen
Global Economic History: A Very Short Introduction, By Robert C. Allen. In what case do you like reviewing a lot? Exactly what regarding the sort of the publication Global Economic History: A Very Short Introduction, By Robert C. Allen The demands to review? Well, everyone has their very own reason ought to review some e-books Global Economic History: A Very Short Introduction, By Robert C. Allen Mainly, it will connect to their requirement to obtain knowledge from guide Global Economic History: A Very Short Introduction, By Robert C. Allen and also desire to read merely to obtain entertainment. Stories, tale publication, as well as various other entertaining e-books end up being so popular this day. Besides, the clinical publications will also be the most effective reason to pick, especially for the students, teachers, physicians, entrepreneur, and various other professions which enjoy reading.
This is why we recommend you to consistently visit this resource when you need such book Global Economic History: A Very Short Introduction, By Robert C. Allen, every book. By online, you may not getting the book store in your city. By this online library, you could discover the book that you truly wish to review after for long time. This Global Economic History: A Very Short Introduction, By Robert C. Allen, as one of the advised readings, tends to be in soft file, as all book collections right here. So, you might also not await few days later to obtain and read the book Global Economic History: A Very Short Introduction, By Robert C. Allen.
The soft file implies that you need to visit the web link for downloading and then conserve Global Economic History: A Very Short Introduction, By Robert C. Allen You have owned guide to read, you have presented this Global Economic History: A Very Short Introduction, By Robert C. Allen It is not difficult as going to guide shops, is it? After getting this quick explanation, hopefully you could download one and begin to review Global Economic History: A Very Short Introduction, By Robert C. Allen This book is very simple to read each time you have the free time.
It's no any type of mistakes when others with their phone on their hand, and you're too. The distinction might last on the material to open up Global Economic History: A Very Short Introduction, By Robert C. Allen When others open the phone for talking as well as speaking all points, you can sometimes open up and read the soft data of the Global Economic History: A Very Short Introduction, By Robert C. Allen Obviously, it's unless your phone is readily available. You could likewise make or wait in your laptop or computer system that alleviates you to check out Global Economic History: A Very Short Introduction, By Robert C. Allen.
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