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The Great Divergence: China, Europe, and the Making of the Modern World Economy (Princeton Classics, 117)

Name: The Great Divergence: China, Europe, and the Making of the Modern World Economy (Princeton Classics, 117)
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4.3 of 5 Stars: International - The Great Divergence: China, Europe, and the Making of the Modern World Economy (Princeton Classics, 117)

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Book Synopsis: A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.

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Welcome to an intellectual journey through history and economics with "The Great Divergence: China, Europe, and the Making of the Modern World Economy." Engross yourself in this mesmerizing masterpiece that offers an insightful exploration into the forces that shaped our world as we know it today. With careful attention to detail and a captivating narrative, this book is a must-read for academics, history enthusiasts, and anyone seeking a deeper understanding of global economic dynamics.

Delve into the intricate web of economic interactions between China and Europe, as author Kenneth Pomeranz skillfully dissects the factors that led to the rise of the West and the divergence from Chinese development. Uncover the hidden patterns that drove innovation, technological advancements, and economic prowess, making Europe the dominant player in the modern world economy. Pomeranz's meticulous research and compelling analysis reveal the interplay of geography, resources, institutions, and culture, painting a picture of the past that enlightens our present and guides our future.

Unlock the secrets of economic history and gain a competitive edge in today's business landscape. "The Great Divergence" not only provides a captivating narrative, but it also offers valuable insights into the complex relationships between nations and the evolution of economic systems over time. Whether you're a curious student, a seasoned entrepreneur, or a professional in the field, this book equips you with a broader perspective that can enrich your decision-making process and help you navigate the challenges of the modern world.

Don't miss out on the opportunity to explore the foundations of modern economic globalism. Immerse yourself in the pages of "The Great Divergence: China, Europe, and the Making of the Modern World Economy" and embark on a journey of intellectual growth and enlightenment. Expand your knowledge and gain a deeper understanding of the forces that have shaped our societies. Click below to order your copy today:

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