The Great Divergence Reconsidered
Autor Roman Studeren Limba Engleză Hardback – 12 oct 2015
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Specificații
ISBN-13: 9781107020542
ISBN-10: 1107020549
Pagini: 244
Ilustrații: 30 b/w illus. 10 maps 9 tables
Dimensiuni: 157 x 235 x 18 mm
Greutate: 0.51 kg
Editura: Cambridge University Press
Locul publicării:New York, United States
ISBN-10: 1107020549
Pagini: 244
Ilustrații: 30 b/w illus. 10 maps 9 tables
Dimensiuni: 157 x 235 x 18 mm
Greutate: 0.51 kg
Editura: Cambridge University Press
Locul publicării:New York, United States
Cuprins
1. Introduction; 2. Determinants of market integration; 3. Gauging the level of market integration; 4. Geography and the story of the many Europes; 5. Markets versus climate in Europe and India; 6. Economic integration in India and Europe; 7. Conclusions.
Recenzii
'Adam Smith's central thesis was that efficient markets generate economic growth. This lively book revives the Smithian tradition. Efficient markets create growth, and efficient markets were unique to pre-industrial Europe. This is an important contribution to the debate on why the West rather than the East experienced the Industrial Revolution.' Gregory Clark, University of California, Davis
'The timing of the Great Divergence between the economies of the West and East is one of the 'big' topics of modern economic history. Building on a theoretical framework that goes back to Adam Smith, Roman Studer combines new data and cutting-edge analysis to show - deftly and convincingly - that long before the Industrial Revolution the integration of commodity markets in the West fostered rates of economic growth and living standards higher than anywhere in the East.' Cormac Ó Gráda, University College Dublin
'By foregrounding market integration and the costs of trade, The Great Divergence Reconsidered makes a case for a radical shift in the discourse on the origins of international economic inequality. The sophistication of Roman Studer's arguments and the quality of his statistical analysis make that case compelling. This is undoubtedly a major work.' Tirthankar Roy, London School of Economics and Political Science
'The timing of the Great Divergence between the economies of the West and East is one of the 'big' topics of modern economic history. Building on a theoretical framework that goes back to Adam Smith, Roman Studer combines new data and cutting-edge analysis to show - deftly and convincingly - that long before the Industrial Revolution the integration of commodity markets in the West fostered rates of economic growth and living standards higher than anywhere in the East.' Cormac Ó Gráda, University College Dublin
'By foregrounding market integration and the costs of trade, The Great Divergence Reconsidered makes a case for a radical shift in the discourse on the origins of international economic inequality. The sophistication of Roman Studer's arguments and the quality of his statistical analysis make that case compelling. This is undoubtedly a major work.' Tirthankar Roy, London School of Economics and Political Science
Descriere
Studer shows that institutional, geographical, political, and technological factors account for Europe's rise to undisputed world economic leader.