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International - The Great Divergence: China, Europe, and the Making of the Modern World Economy (The Princeton Economic History of the Western World Book 117)

Description

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.

Details

Experience a captivating journey through history with "The Great Divergence: China, Europe, and the Making of the Modern World Economy." Delve into the profound insights of historian Kenneth Pomeranz as he unravels the mysteries behind the Industrial Revolution in the West. Discover the pivotal role played by factors such as location, trade, and access to resources that shaped the course of history. This landmark comparative history is a must-read for anyone intrigued by the forces that drive economic growth and transformation.

Unlock the secrets of Europe and China's economic trajectories with this enlightening book from The Princeton Economic History of the Western World series. Dive deep into the nuances of life expectancy, consumption patterns, and market dynamics that once made Europe and East Asia comparable. Witness the compelling narrative of how Europe's advantageous resource stocks and trade routes with the New World set the stage for its unprecedented industrial breakthrough. Gain valuable insights into the historical forces that shaped the world we live in today.

Immerse yourself in the wealth of knowledge captured in this Princeton Classics edition of "The Great Divergence." With a thought-provoking preface from the author, this book offers a fresh perspective on the economic history of Europe and Asia. Whether you're a history enthusiast, a student of economics, or simply curious about the roots of modern global economies, this book is a captivating read that will broaden your understanding of the world's economic evolution.

Grab your copy now and embark on a journey through time and space to unravel the mysteries of economic divergence and transformation!

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