Before and Beyond Divergence: The Politics of Economic Change in China and Europe (Hardback)

Jean-Laurent Rosenthal, R. Bin Wong

Edité par HARVARD UNIVERSITY PRESS, 2011
ISBN 10: 0674057910 / ISBN 13: 9780674057913
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Language: English . Brand New Book. China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China? Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China s early and more recent prosperity and for Europe s difficulties after the fall of the Roman Empire and during early industrialization. Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history. N° de réf. du libraire

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China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China?

Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China’s early and more recent prosperity and for Europe’s difficulties after the fall of the Roman Empire and during early industrialization.

Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history.

About the Author: Jean-Laurent Rosenthal is the Rea A. and Lela G. Axline Professor of Business Economics at the California Institute of Technology.

R. Bin Wong is Professor of History and Director of the Asia Institute at the University of California, Los Angeles.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

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Titre : Before and Beyond Divergence: The Politics ...
Éditeur : HARVARD UNIVERSITY PRESS
Date d'édition : 2011
Reliure : Hardback
Etat du livre : New

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Description du livre HARVARD UNIVERSITY PRESS, United States, 2011. Hardback. État : New. Language: English . Brand New Book. China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China? Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China s early and more recent prosperity and for Europe s difficulties after the fall of the Roman Empire and during early industrialization. Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history. N° de réf. du libraire AAH9780674057913

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Description du livre HARVARD UNIVERSITY PRESS, United States, 2011. Hardback. État : New. Language: English . Brand New Book. China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China? Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China s early and more recent prosperity and for Europe s difficulties after the fall of the Roman Empire and during early industrialization. Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history. N° de réf. du libraire AAH9780674057913

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Description du livre Harvard University Press. Hardback. État : new. BRAND NEW, Before and Beyond Divergence: The Politics of Economic Change in China and Europe, Jean-Laurent Rosenthal, R. Bin Wong, China has reemerged as a powerhouse in the global economy, reviving a classic question in economic history: why did sustained economic growth arise in Europe rather than in China? Many favor cultural and environmental explanations of the nineteenth-century economic divergence between Europe and the rest of the world. This book, the product of over twenty years of research, takes a sharply different tack. It argues that political differences which crystallized well before 1800 were responsible both for China's early and more recent prosperity and for Europe's difficulties after the fall of the Roman Empire and during early industrialization. Rosenthal and Wong show that relative prices matter to how economies evolve; institutions can have a large effect on relative prices; and the spatial scale of polities can affect the choices of institutions in the long run. Their historical perspective on institutional change has surprising implications for understanding modern transformations in China and Europe and for future expectations. It also yields insights in comparative economic history, essential to any larger social science account of modern world history. N° de réf. du libraire B9780674057913

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