Just going by the book's title I thought, what a snoozer. Geography and history matter because these dictate the initial configurations, such as market size and logistics, which may or or may not be conducive to growth and development. It introduces many economic terms, concepts and theories with lots of quantitative datas. The general question of the book is what is that spiral of growth and what allowed it to happen in some places and not others? A good overview of economic history. xref The book is well written and provides an excellent overview of global economics. This book is useful because of generalizations and the big picture view of a very long period of economic development. 0000010225 00000 n It does take a certain level of economics knowledge to know everything he's talking about in th. Let us know what’s wrong with this preview of, Published I won't try to provide a summary of a text which is itself of an impressively dense summary of the economic history of the last 500 years. h�b```b``5d`e`�``@ �� �P{1����B�D� The narrative elements explaining statistically what happened when are thorough and interesting, some of the analysis seems a little superficial e.g. One point it hammered home was that there is a historical connection between high wages and growth. The book is about one of the main topics of Economic History, "Why some nations are rich and the others are poor? <<166A408B8119024A9BD8C3CAFAEA0689>]/Prev 180484/XRefStm 1414>> Trajectories of economic change vary across space, because of local conditions such as the quality of natural resources, local institutions, and a number of other … It was good to read anyway since it had some different arguments from the other scholars. Allen shows how the industrial revolution was Britain's path-breaking response to … The narrative elements explaining statistically what happened when are thorough and interesting, some of the analysis seems a little superficial e.g. Why are some countries rich and others poor? The perspectives in this book are not unlike the other history books I have previously read. It's bad for everyone in the long term... Allen’s writing is clear and the material is fascinating. PDF | On Jul 1, 2012, Gary B. Magee published Global Economic History: a Very Short Introduction – By Robert C. Allen | Find, read and cite all the research you need on ResearchGate 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. Folks, education is much more important than the military. Use the link below to share a full-text version of this article with your friends and colleagues. Very easy to read and has good academic value. Taking leave from the depths of Guy Arnold’s Africa: A Modern History, having reached the start of the 1980s, the light touch of Robert Allen’s introduction to global economic history was refreshing and accessible. Shareable Link. 0000018043 00000 n Good overview, but may be a bit biased towards authors own work: sometimes you can ran into an unjustified (not very convincing) underestimation of the role of institutions. An excellent clear introduction to the principles and logic behind the economic policies nations have been carrying out throughout centuries, and which underlie the one question every person has asked themselves: why and how are some countries rich and others poor? 0000006671 00000 n 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. The chapter on the Americas was especially illuminating. 0 0000005285 00000 n Just going by the book's title I thought, what a snoozer. November 15th 2011 The various factors that influence economic growth, including culture, globalization, institutions, technology, the natural environment, income distribution, and the standard of living are discussed. There are no discussion topics on this book yet. An early start, relative to other competing nations, helps because, amongst other factors, minimum efficient scales enlarge with time. Goodreads helps you keep track of books you want to read. %%EOF Giorgio Riello and Tirthankar Roy. Would give it a 3.5/5. 0000009017 00000 n I am glad to have stumbled on the "A Very Short introduction" series. 0000005165 00000 n The book gave me a good impression of how various factors interact and why some nations have been more successful than others. The economic history is coherent and tried to be comprehensive in analyzing certain important economic history issues. In 1500, global income differences were small, but disparities have grown dramatically since Columbus reached America. 0000014726 00000 n Be the first to ask a question about Global Economic History. 0000000016 00000 n Common terms and phrases. In any case, the whole modern economic system is based on greed and want, and conflicts and dissatisfaction inevitably always ensue. 0000003005 00000 n Very easy to read and has good academic value. 0000011407 00000 n Some topics are probably better candidates for a Very Short Introduction format than others. So, if you are ideologically biased reader, be careful, you can hurt your filings. Industrial policy works, except for all those times when it didn't. Global Economic History: A Very Short Introduction Robert C. Allen No preview available - 2011. INTRODUCTION: GLOBAL ECONOMIC HISTORY, 1500–2000. 248 0 obj <>stream

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