Great Divergence And Great Convergence

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Great Divergence and Great Convergence

Author : Leonid Grinin,Andrey Korotayev
Publisher : Springer
Page : 251 pages
File Size : 48,7 Mb
Release : 2015-05-09
Category : Business & Economics
ISBN : 9783319177809

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Great Divergence and Great Convergence by Leonid Grinin,Andrey Korotayev Pdf

This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.

The Great Convergence

Author : Richard Baldwin
Publisher : Harvard University Press
Page : 340 pages
File Size : 52,8 Mb
Release : 2016-11-14
Category : Business & Economics
ISBN : 9780674660489

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The Great Convergence by Richard Baldwin Pdf

From 1820 to 1990 the share of world income going to today’s wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.

The Great Convergence

Author : Kishore Mahbubani
Publisher : PublicAffairs
Page : 328 pages
File Size : 50,7 Mb
Release : 2013-02-05
Category : Political Science
ISBN : 9781610390347

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The Great Convergence by Kishore Mahbubani Pdf

The twenty-first century has seen a rise in the global middle class that brings an unprecedented convergence of interests and perceptions, cultures and values. Kishore Mahbubani is optimistic. We are creating a new global civilization. Eighty-eight percent of the world's population outside the West is rising to Western living standards, and sharing Western aspirations. Yet Mahbubani, one of the most perceptive global commentators, also warns that a new global order needs new policies and attitudes. Policymakers all over the world must change their preconceptions and accept that we live in one world. National interests must be balanced with global interests. Power must be shared. The U.S. and Europe must cede some power. China and India, Africa and the Islamic world must be integrated. Mahbubani urges that only through these actions can we create a world that converges benignly. This timely book explains how to move forward and confront many pressing global challenges.

The Great Convergence

Author : Richard Baldwin
Publisher : Harvard University Press
Page : 330 pages
File Size : 46,7 Mb
Release : 2016-11-14
Category : Business & Economics
ISBN : 9780674972681

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The Great Convergence by Richard Baldwin Pdf

From 1820 to 1990 the share of world income going to today’s wealthy nations soared from 20% to 70%. That share has recently plummeted. Richard Baldwin shows how the combination of high tech with low wages propelled industrialization in developing nations, deindustrialization in developed nations, and a commodity supercycle that is petering out.

The Next Convergence

Author : Michael Spence
Publisher : Farrar, Straus and Giroux
Page : 320 pages
File Size : 48,8 Mb
Release : 2011-05-10
Category : Business & Economics
ISBN : 9781429968713

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The Next Convergence by Michael Spence Pdf

A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.

The Great Divergence

Author : Kenneth Pomeranz
Publisher : Princeton University Press
Page : 404 pages
File Size : 42,9 Mb
Release : 2021-04-13
Category : Business & Economics
ISBN : 9780691217185

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The Great Divergence by Kenneth Pomeranz Pdf

A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.

Mixed Fortunes

Author : Vladimir Popov
Publisher : OUP Oxford
Page : 224 pages
File Size : 43,5 Mb
Release : 2014-04-17
Category : Business & Economics
ISBN : 9780191008658

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Mixed Fortunes by Vladimir Popov Pdf

The rise of the West is often attributed the presence of certain features in Western countries from the 16th century that were absent in more traditional societies: the abolition of serfdom and Protestant ethics, the protection of property rights, and free universities. The problem with this reasoning is that, before the 16th century, there were many countries with social structures that possessed these same features that didn't experience rapid productivity growth. This book offers a new interpretation of the 'Great Divergence' and 'Great Convergence' stories. It explores how Western countries grew rich and why parts of the developing world (South and East Asia and the Middle East) did not catch up with the West from 1500 to 1950 but began to narrow the gap after 1950. It also examines why others (Latin America, South Africa, and Russia) were more successful at catching up from 1500 to 1950, but then experienced a slowdown in economic growth compared to other developing countries. Mixed Fortunes offers a novel interpretation of the rise of the West and of the subsequent development of 'the rest' and China and Russia, important examples of two groups of developing countries, are examined in greater detail.

Towards Convergence in Europe

Author : Daniel Vaughan-Whitehead
Publisher : Edward Elgar Publishing
Page : 512 pages
File Size : 52,7 Mb
Release : 2019
Category : Convergence
ISBN : 9781788978071

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Towards Convergence in Europe by Daniel Vaughan-Whitehead Pdf

This book aims to answer a number of important questions. To what extent have European countries converged or diverged with EU-wide economic and social indicators over the past 20 years? What have been the drivers of convergence? Why do some countries lag behind, while others experience continuous upward convergence? Why are these trajectories not always linear? Particular attention is paid to the role of institutions, actors and industrial relations – focusing on the resources and strategies of governments, employers and trade unions – in nudging EU countries onto an upward convergence path.

India, Modernity and the Great Divergence

Author : Kaveh Yazdani
Publisher : BRILL
Page : 701 pages
File Size : 41,8 Mb
Release : 2017-01-05
Category : Business & Economics
ISBN : 9789004330795

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India, Modernity and the Great Divergence by Kaveh Yazdani Pdf

This book examines the reasons behind the Great Divergence. Kaveh Yazdani analyzes India’s socio-economic, techno-scientific, military, political and institutional developments. The focus is on Gujarat between the 17th and early 19th centuries and Mysore during the second half of the 18th century.

Escaping Poverty

Author : Peer Vries
Publisher : V&R Unipress
Page : 0 pages
File Size : 49,7 Mb
Release : 2013
Category : Business & Economics
ISBN : 3847101684

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Escaping Poverty by Peer Vries Pdf

One of the biggest debates in economic history deals with the Great Divergence. How can we explain that at a certain moment in time (the eighteenth and nineteenth centuries) a certain part of the world (the West) escaped from general poverty and became much richer than it had ever been before and than the rest of the world? Many prominent scholars discussed this question and came up with many different answers. This book provides a systematic analysis of the most important of those answers by means of an analysis of possible explanations in terms of natural resources, labour, capital, the division of labour and market exchange, accumulation and innovation, and as potential underlying determining factors institutions and culture. The author juxtaposes the views of economists / social scientists and of global historians and systematically compares Great Britain and China to illustrate his position. He qualifies the importance of natural resources, accumulation and the extension of markets, points at the importance of factor prices and changes in consumption and emphasizes the role of innovation, institutions - in particular an active developmental state - and culture.

The Routledge Companion to the Makers of Global Business

Author : Teresa da Silva Lopes,Christina Lubinski,Heidi J.S. Tworek
Publisher : Routledge
Page : 782 pages
File Size : 41,7 Mb
Release : 2019-07-09
Category : Business & Economics
ISBN : 9781315277790

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The Routledge Companion to the Makers of Global Business by Teresa da Silva Lopes,Christina Lubinski,Heidi J.S. Tworek Pdf

The Routledge Companion to the Makers of Global Business draws together a wide array of state-of-the-art research on multinational enterprises. The volume aims to deepen our historical understanding of how firms and entrepreneurs contributed to transformative processes of globalization. This book explores how global business facilitated the mechanisms of cross-border interactions that affected individuals, organizations, industries, national economies and international relations. The 37 chapters span the Middle Ages to the present day, analyzing the emergence of institutions and actors alongside key contextual factors for global business development. Contributors examine business as a central actor in globalization, covering myriad entrepreneurs, organizational forms and key industrial sectors. Taking a historical view, the chapters highlight the intertwined and evolving nature of economic, political, social, technological and environmental patterns and relationships. They explore dynamic change as well as lasting continuities, both of which often only become visible – and can only be fully understood – when analyzed in the long run. With dedicated chapters on challenges such as political risk, sustainability and economic growth, this prestigious collection provides a one-stop shop for a key business discipline. Chapter 31 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

A Companion to Chinese History

Author : Michael Szonyi
Publisher : John Wiley & Sons
Page : 475 pages
File Size : 45,6 Mb
Release : 2017-02-06
Category : History
ISBN : 9781118624609

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A Companion to Chinese History by Michael Szonyi Pdf

A Companion to Chinese History presents a collection of essays offering a comprehensive overview of the latest intellectual developments in the study of China’s history from the ancient past up until the present day. Covers the major trends in the study of Chinese history from antiquity to the present day Considers the latest scholarship of historians working in China and around the world Explores a variety of long-range questions and themes which serves to bridge the conventional divide between China’s traditional and modern eras Addresses China’s connections with other nations and regions and enables non-specialists to make comparisons with their own fields Features discussion of traditional topics and chronological approaches as well as newer themes such as Chinese history in relation to sexuality, national identity, and the environment

The Globotics Upheaval

Author : Richard E. Baldwin
Publisher : Oxford University Press, USA
Page : 305 pages
File Size : 41,8 Mb
Release : 2019
Category : BUSINESS & ECONOMICS
ISBN : 9780190901769

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The Globotics Upheaval by Richard E. Baldwin Pdf

"Digital technology will bring globalisation and robotics (globotics) to previously shielded professional and service sectors. Jobs will be displaced at the eruptive pace of digital technology while they will be replaced at a normal historical pace. The mismatch will produce a backlash - the globotics upheaval"--

Globalization in Historical Perspective

Author : Michael D. Bordo,Alan M. Taylor,Jeffrey G. Williamson
Publisher : University of Chicago Press
Page : 598 pages
File Size : 40,9 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780226065991

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Globalization in Historical Perspective by Michael D. Bordo,Alan M. Taylor,Jeffrey G. Williamson Pdf

As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

Global Economic History: A Very Short Introduction

Author : Robert C. Allen
Publisher : Oxford University Press
Page : 193 pages
File Size : 51,6 Mb
Release : 2011-09-15
Category : Business & Economics
ISBN : 9780199596652

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Global Economic History: A Very Short Introduction by Robert C. Allen Pdf

Together these countries pioneered new technologies that have made them ever richer.