The Great Divergence
China, Europe, and the Making of the Modern World Economy.
About this book
"Why did sustained industrial growth begin in Northwest Europe, despite surprising similarities between advanced areas of Europe and East Asia?".
"Pomeranz argues that Europe's nineteenth-century divergence from the Old World owes much to the fortunate location of coal, which substituted for timber. This made Europe's failure to use its land intensively much less of a problem, while allowing growth in energy-intensive industries. Another crucial difference that he notes has to do with trade. Fortuitous global conjunctures made the Americas a greater source of needed primary products for Europe than any Asian periphery.
This allowed Northwest Europe to grow dramatically in population, specialize further in manufactures, and remove labor from the land, using increased imports rather than maximizing yields. Together, coal and the New World allowed Europe to grow along resource-intensive, labor-saving paths."--BOOK JACKET.
Subjects
- business & economics
- china, economic conditions
- comparative economics
- conditions économiques
- desenvolvimento econômico
- développement économique
- economia internacional
- economic conditions
- economic development
- economic history
- economic history, 1750-1918
- economics
- économie comparée
- économie politique comparée
- economische ontwikkeling
- economische politiek
- europe, economic conditions
- europe, economic policy
- general
- histoire
- história econômica (século 18;século 19)
- history
- industrialisierung
- international
- international economic relations
- modern