A History of the Global Economy: 1500 to the Present

Half title
Title page
Imprints page
Contents
Figures
Maps
Tables
Contributors
Introduction
Gross domestic product (GDP) as an indicator of productive capacity
Height as an indicator of health and the quality of nutrition
Basic numeracy as an indicator of education
The polity IV index as an indicator of democracy
References
1 North-western Europe
Early growth and modernization
The spread of the Industrial Revolution in the nineteenth century
The twentieth century rollercoaster: 1914–45
Peace and welfare: 1945–2010
Conclusion
Note
Further reading
References
I1 The great divergence in the world economy: long-run trends of real income
Measuring the great divergence: Maddison revised
Explaining the great divergence: shocks with asymmetric effects
The effects of the Black Death
New trade routes
References
H1.1 International financial regulation and supervision
References
2 Southern, eastern and central Europe
Why did Italy lead during the early modern period?
Standards of living in early modern east-central Europe
Regional development during the early nineteenth century
The nineteenth and twentieth centuries: an overview
Diffusion of industrialization to central and eastern Europe during the nineteenth and early twentieth centuries
The first era of globalization, 1850–1913
The war and interwar years
The golden age of the 1950s and 1960s
Stagflation (1970s–1980s)
Finale: the 1990s and 2000s
Conclusion
Notes
Further reading
References
I2 The Sputnik shock, the Pisa shock: human capital as a global growth determinant
References
H2.1 State finances during civil wars
H2.2 Property rights in the Russian Empire
3 The United States and Canada
Pre-colonial development
European colonialization
Creating an independent nation with a broad range of economic freedoms
The economy from 1790 to 1914
Population growth, 1800–1940
Long run per capita income growth
The destructiveness of wars
Postwar era
Productivity advances after the wars
The business cycle
Growth of government
Summary
Notes
Further reading
References
I3 The Great Depression of the 1930s and the world economic crisis after 2008
References
H3.1 Multi-divisional firms and managerial capitalism
Bibliography
H3.2 Business history and innovation
References
H3.3 Alfred D. Chandler, Jr.: the man behind modern business history
4 Latin America
Latin America in the world economy: convergence and divergence in per capita GDP
A typology for an analysis of the Latin American countries
The long delay: the decades after Independence, 1820–1870
Export-led growth during the first globalization boom (1870–1929)
How did Latin America develop during the twentieth century relative to the rest of the world?
Analysis: convergence/divergence cycles, financial crises and volatility
Integration into the world economy: volatility of commodity prices
Trends in the terms of trade
The trade balance
Education and human capital
Inequality
Present challenges from a historical perspective
Conclusion
Notes
Further reading
References
I4 Was there a ‘curse of natural resources’?
References
H4.1 Latin America 1500–1800: early contact, epidemics and numeracy development
References
H4.2 The economic consequences of independence in Latin America
5 Japan
Population and trade developments before 1600
Growth performance in the early modern period
Early modern growth in Eurasian perspective
Growth acceleration and deceleration, 1868–2010
Conclusion
Notes
Further reading
References
H5.1 Japanese industry during the Second World War
References
6 China
Introduction
The nineteenth century: an ominous beginning
Political accommodation and institutional adjustment to 1895
The onset of China’s Industrial Revolution 1895–1949
People’s Republic of China in 1950–2000
Conclusion
Notes
Further reading
References
H6.1 International expositions and East Asia’s participation in the modern era
I5/6 Trade and poverty 1820–1913: when the third world fell behind
Bibliography
7 Middle East, north Africa and central Asia
Medieval and early modern period
Limitations to the ‘rule of law’ at the beginning of the nineteenth century
Urban craftsmen and transport infrastructure around 1800
Reform period: the early nineteenth century
Why did the Middle East deindustrialize during the nineteenth century?
Living standards
The Middle East in the twentieth century
Conclusion
Notes
Further reading
References
I7 Women in global economic history
Marriage ages
Sex ratios
Political representation
References
H7.1 Imperial expansion of the Ottoman Empire and its cultural determinants
Reference
8 South Asia
A quick tour through the big questions
The colonial economy
National income of colonial India
Inequality
Other themes
Living standards in the long run
Wage
Consumption
Mortality and morbidity
Postcolonial India: revolution or involution?
Conclusion
Notes
Further reading
References
I8 Human stature as a health indicator in colonial empires
References
H8.1 Did brain-drain from India cause underdevelopment? Numeracy of Indian migrants and the Indian population, seventeenth to twentieth century
References
9 Southeast Asia and Australia/New Zealand
Geography and latitude
The pre-colonial period 1500–1800
New imperialism and the colonial period
Post Second World War
Concluding remarks
Further reading
References
H9.1 Pre-history, ancient and classical periods of Southeast Asia
I9 Institutional development in world economic history
References
10 Sub-Saharan Africa
Interpretations
African economies, 1500–1650
Africa during the peak of the Atlantic slave trade, 1680–1800
Markets, slaves and states, 1800–80
The colonial era, 1880–1960
Independence and African economies, 1960–present
Review (1): Africa, poor and static?
Review (2): economic development in Africa – dynamics and constraints
Conclusion
Further reading
References
H10.1 Why was Ethiopia not colonized during the late-nineteenth-century ‘Scramble for Africa’?
References
Conclusion
Index