LEADER 05717nam 22008053u 450 001 9910790586803321 005 20210106234402.0 010 $a1-135-01064-1 010 $a0-203-74444-6 010 $a1-135-01065-X 035 $a(CKB)2550000001110522 035 $a(EBL)1344532 035 $a(OCoLC)855970177 035 $a(SSID)ssj0000953962 035 $a(PQKBManifestationID)11603925 035 $a(PQKBTitleCode)TC0000953962 035 $a(PQKBWorkID)10937585 035 $a(PQKB)11364103 035 $a(MiAaPQ)EBC1344532 035 $a(OCoLC)1191056129 035 $a(FINmELB)ELB132739 035 $a(PPN)180080695 035 $a(EXLCZ)992550000001110522 100 $a20160718d2013|||| u|| | 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aGrowth of the International Economy, 1820-2015$b[electronic resource] 205 $a5th ed. 210 $aFlorence $cTaylor and Francis$d2013 210 1$aOxfordshire, England ;$aNew York :$cRoutledge,$d2014. 215 $a1 online resource (387 p.) 300 $aDescription based upon print version of record. 311 $a0-415-47609-7 311 $a1-299-79202-2 320 $aIncludes bibliographical references and index. 327 $aCover; Growth of the International Economy, 1820-2015; Title Page; Copyright Page; Table of Contents; List of illustrations; Preface; Abbreviations; Introduction; Prologue: The International Economy from the Beginnings to 1820; The Palaeolithic period; The Neolithic period; Antiquity; Middle ages; Modernity; The Atlantic economy; Appendix 1: Economic output and macroeconomic accounting; Appendix 2: Early financial manias and crashes; Appendix 3: Why Europe? Why Britain?; Part I The International Economy, 1820-1913 327 $a1 The Causes of the Growth of the International Economy in the Nineteenth CenturyTechnological progress: Industry and agriculture; Technical progress: Transport and communications; The accumulation of capital; The growth of world population; The supply of natural resources; The growth of real incomes; The spread of economic liberalism; The growth of international trade; 2 International Long-Term Capital Movements, 1820-1913; The growth of foreign investment; Direction of foreign investment; Determinants of capital outflow; The use of foreign funds in borrowing countries 327 $aEconomic consequences of foreign investment3 International Migration, 1820-1913; European migration, 1821-1913; Migration and its causes; Aids to mass emigration; Economic consequences of migration; Intracontinental migration; Asiatic migration and tropical development; Summary and outlook; 4 Commercial Policy in the Nineteenth Century; Britain adopts free trade; The spread of free trade; The economic consequences of free trade; The return to protection; The economic consequences of protection; 5 Foreign Trade in the Nineteenth Century; The growth of world trade up to 1913 327 $aThe direction of world trade up to 1913The composition of world trade up to 1913; Conclusions; 6 The Evolution of a Multilateral Payments Network; Introduction; Development of the system; Foreign investment and the multilateral settlements network; Concluding remarks; 7 The Evolution of an International Monetary System: The Gold Standard Until 1914; Bimetallic and monometallic standards; Britain adopts the gold standard; International monetary standards up to 1870; The spread of the gold standard 327 $aThe role of sterling as an international currency and the importance of the London capital marketThe working of the gold standard; Divergence between classical theory and empirical evidence; Other features of the adjustment mechanism; Conclusions; Appendix 1: History of money from its origins to 1914; Appendix 2: The quantity theory of money; 8 International Aspects of Economic Growth in the Nineteenth Century: The Spread of Industrialization; Introduction; The spread of industrialization; The contribution of the international economy; Causes of the limited spread of industrialization 327 $aConclusions 330 $a

Kenwood and Lougheed's classic book has been the benchmark introduction to the development of the global economy for decades. For this fifth edition, Michael Graff has brought the story up to date to include events from the early part of the twenty first century - continued globalization, the emergence of Asia as an economic power and the greater role played by business on the international scene.

Beginning with the industrial revolution, the book charts the long nineteenth century, the impact of colonialism, the fast pace of technology growth and the impact of global wars. New 606 $aEconomic history 606 $aInternational economic relations -- History 606 $aInternational economic relations$xHistory 606 $aEconomic history 606 $aCommerce$2HILCC 606 $aBusiness & Economics$2HILCC 606 $aInternational Commerce$2HILCC 615 4$aEconomic history. 615 4$aInternational economic relations -- History. 615 0$aInternational economic relations$xHistory 615 0$aEconomic history 615 7$aCommerce 615 7$aBusiness & Economics 615 7$aInternational Commerce 676 $a337 700 $aGraff$b Michael$01537357 701 $aKenwood$b A. G$0505830 701 $aLougheed$b A. L$0140653 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 906 $aBOOK 912 $a9910790586803321 996 $aGrowth of the International Economy, 1820-2015$93786596 997 $aUNINA