Robert C. Allen
Global Economic History: A Very Short Introduction
- ISBN 13:
- 9780199596652
- author:
- Robert C. Allen
- format:
- Paperback
- publisher:
- OUP Oxford
- language:
- English
- Publication Year:
- 2011
- Pages:
- 192
- Dimensions:
- 17 x 10.9 x 1 cm
- Genre:
- Economics Textbook
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Global Economic History: A Very Short Introduction by Robert C. Allen
The growth of income differences between countries has been a dramatic phenomenon since the 16th century. The interplay between geography, globalization, technological change, and economic policy has played a significant role in determining the wealth and poverty of nations. This book explores the factors that have contributed to the rise of rich and poor countries.
The industrial revolution was a pivotal moment in the development of global economic history. Britain's response to globalization led to the formation of a club of rich nations, which pursued policies to create a national market, protect their industries, stabilize their currency, and invest in mass education. While this led to rapid growth in Western Europe and North America, it had a devastating impact on industries in Asia, transforming many countries into 'underdeveloped' economies.
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