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Before and beyond divergence : the politics of economic change in China and Europe / / Jean-Laurent Rosenthal, R. Bin Wong



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Autore: Rosenthal Jean-Laurent Visualizza persona
Titolo: Before and beyond divergence : the politics of economic change in China and Europe / / Jean-Laurent Rosenthal, R. Bin Wong Visualizza cluster
Pubblicazione: Cambridge, MA, : Harvard University Press, 2011
Edizione: 1st ed.
Descrizione fisica: 1 online resource (291 p.)
Disciplina: 330.94
Soggetto topico: Comparative economics
Soggetto geografico: China Economic conditions
China Economic policy
Europe Economic conditions
Europe Economic policy
Classificazione: QG 000
Altri autori: WongRoy Bin  
Note generali: Bibliographic Level Mode of Issuance: Monograph
Nota di bibliografia: Includes bibliographical references (p. 245-262) and index.
Nota di contenuto: Frontmatter -- Contents -- Preface -- Introduction: Miracles, Myths, and Explanations in Economic History -- 1 Space and Politics -- 2 Population, Resources, and Economic Growth -- 3 Formal and Informal Mechanisms for Market Development -- 4 Warfare, Location of Manufacturing, and Economic Growth in China and Europe -- 5 Credit Markets and Economic Change -- 6 Autocrats, War, Taxes, and Public Goods -- 7 Political Economies of Growth, 1500- 1950 -- Conclusion: Findings, Methods, and Implications -- Notes -- References -- Acknowledgments -- Index
Sommario/riassunto: 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.
Titolo autorizzato: Before and beyond divergence  Visualizza cluster
ISBN: 0-674-06129-2
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910826543303321
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