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The book gave me a good impression of how various factors interact and why some nations have been more successful than others. Later, some countries in the middle became rich through another path. Just a moment while we sign you in to your Goodreads account. Global Economic History: A Very Short Introduction (2011) by Robert C Allen is an excellent overview of the world's economy. 0000004681 00000 n
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Considers the various factors that influence economic growth, including culture, institutions, technology, the natural environment, income distribution, and the standard of living. Global Economic History: A Very Short Introduction Robert C. Allen No preview available - 2011. 0000018043 00000 n
November 15th 2011 So-called prosperity stems from R&D, which is encouraged by a high wage to capital ratio, and a "standard development model" (i.e. With respect to India - the book illustrates the size of the missed opportunity for the world's largest country to grow and prosper. In this Very Short Introduction, Robert C. Allen shows how the interplay of geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. for those interested in economic history, this provides a brief and accessible overview of why each region of the world has experienced the level of economic growth that it has. 0000005285 00000 n
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It also gives many economic measurments that can be applied individually to analyse the social and economic state of different societies. The narrative elements explaining statistically what happened when are thorough and interesting, some of the analysis seems a little superficial e.g. In 1500, global income differences were small, but disparities have grown dramatically since Columbus reached America. 216 0 obj
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So, if you are ideologically biased reader, be careful, you can hurt your filings. Very easy to read and has good academic value. Much recommended! Learn more. 0000000016 00000 n
And yes, it definitely has those. 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. Global Economic History: A Very Short Introduction Robert C. Allen Very Short Introductions. It introduces many economic terms, concepts and theories with lots of quantitative datas. So-called prosperity stems from R&D, which is encouraged by a high wage to capital ratio, and a "standard development model" (i.e. What is this, a book full of line graphs and historical price indexes? A good overview of economic history. %PDF-1.5
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Takes a global look at the wealth and economic history of countries around the world. jc@��2M���!�ˎ�$W��z#�2T2s�dod�0�Uኀ�9�n. Would give it a 3.5/5. Folks, education is much more important. By Guillaume Daudin (Professor at the University of Paris-Dauphine, Researcher with the OFCE) Robert C. Allen (born in 1947) has been Professor of Economic History at Oxford University since 2002. INTRODUCTION: GLOBAL ECONOMIC HISTORY, 1500–2000. But you can easily skip past all the math and the figures to follow Robert C. Allen's analysis as he tries to answer that basic question: why are some countries rich, and some poor. 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? I am glad to have stumbled on the "A Very Short introduction" series. Just going by the book's title I thought, what a snoozer. Some topics are probably better candidates for a Very Short Introduction format than others. 0000007777 00000 n
", from a historical perspective. But from that point, the richest nations experienced a spiral of growing population, GDP, education, and industrial output, while the poorest nations continued to grow slowly despite access to increasingly productive technology and global markets. Industrial policy works, except for all those times when it didn't. Shareable Link. At least, if you like reading about how countries industrialized, and the theories on how to effectively do so. 0000004273 00000 n
Very easy to read and has good academic value. 0000015895 00000 n
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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? Why it’s necessary to read Robert C. Allen: Global Economy History: A Very Short Introduction [1] 9 October 2013 in OFCE blog. ---- #books #economicgrowth #economichistory #highlighted #2019-12-18 Let us know what’s wrong with this preview of, Published That's the question on the inside of the jacket, and it's the reason I read this book. This book was dense information packed, but still got the job done of giving me an introduction to the topic, along with good recommendations on books to followup on. Likewise, giving the so called job creators too big a piece of the pie is good for them in the short term, but not good for long term prosperity.
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