000			02812nam a2200265 i 4500
003			MIUC
005			20180521104621.0
008			141127s2011 enk||||| |||| 001 | eng d
020			_a9780199596652
040			_aMIUC _beng _cMIUC
082	0		_a330
100	1		_9220 _aAllen, Robert C., _d1947-
245	1	0	_aGlobal economic history : _ba very short introduction / _cRobert C. Allen.
260			_aOxford : _bOxford University Press, _cc2011.
300			_a170 p. ; _c17 cm.
490	1		_aVery short introductions
500			_aIncludes index.
505	0		_aCh. 1. The great divergence -- Ch. 2. The rise of the West -- Ch. 3. The Industrial Revolution -- Ch. 4. The ascent of the rich -- Ch. 5. The great empires -- Ch. 6. The Americas -- Ch. 7. Africa -- Ch. 8. The standard model and late industrialization -- Ch. 9. Big Push industrialization.
520			_aWhy 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.
650		0	_9221 _aEconomic history
650		0	_9222 _aEconomic indicators
650		0	_9218 _aEconomics
830		0	_95 _aVery short introductions
942			_2ddc _cBK