Very short introductions global economic history

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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.

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Global Economic History Very Short Intro

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The gap between the rich and the poor can be vast robert c allen considers the main factors that contribute to this gap looking at the interconnections between economic growth culture technology and income distribution exploring the historical processes that have created the unequal world of Op voorraad. Voor 23:59 uur besteld, dinsdag in huis .. MEER INFO

Very Short Introductions - Behavioural Economics

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Traditionally economists have based their economic predictions on the assumption that humans are super rational creatures using the information we are given efficiently and generally making selfish decisions that work well for us as individuals economists also assume that we re doing the very best Direct beschikbaar .. MEER INFO

Very Short Introductions - Projects

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What is a project how are projects organized to deal with a complex rapidly changing and uncertain world why are projects the organization of the future a project is a temporary organization and one time process established to achieve a desired outcome projects range in size from small teams t Direct beschikbaar .. MEER INFO

Taal: en

Bindwijze: E-book

Oorspronkelijke releasedatum: 15 september 2011

Ebook Formaat: Adobe ePub

Illustraties: Nee

Hoofdauteur: Robert C. Allen

Hoofduitgeverij: Oup Oxford

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Studieboek: Ja

EAN: 9780191620539

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