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An unprecedented global account of the emergence of modern economic growth and its spread across the world from 1870 to the present.
List of contents
Introduction to Volume II Stephen Broadberry and Kyoji Fukao; Part I. Regional Developments: 1. North America: the rise of US technological and economic leadership Paul W. Rhode; 2. Western Europe: convergence and divergence Paul Sharp; 3. The socialist experiment and beyond: the economic development of Eastern Europe from 1870 to the present Tracy Dennison and Alexander Klein; 4. Japan: modern economic growth in Asia Kyoji Fukao and Tokihiko Settsu; 5. Economic change in China: the role of institutions and ideology Debin Ma; 6. From free trade to regulation: the political economy of India's development since 1858 Bishnupriya Gupta; 7. Growth and globalisation phases in South East Asian development since the late nineteenth century Gregg Huff; 8. The Middle East: decline and resurgence in West Asia Mohamed Saleh; 9. Latin America: stalled catching-up Pablo Astorga and Alfonso Herranz-Loncán; 10. African economic development: growth, reversals, and deep transitions Ewout Frankema; 11. Australia: prosperity, relative decline and reorientation Gary B. Magee; Part II. Factors Governing Differential Outcomes in the Global Economy: 12. Healthy, literate, and smart: the global increase in human capital since 1870 Latika Chaudhary and Peter Lindert; 13. Proximate sources of growth: capital and technology since 1870 Rajabrata Banerjee, Robert Inklaar and Herman de Jong; 14. Underlying sources of growth: first and second nature geography Paul Caruana-Galizia, Toshihiro Okubo and Nikolaus Wolf; 15. Underlying sources of growth: institutions and the state James Foreman-Peck and Leslie Hannah; 16. Living standards, inequality and human development Leandro Prados de la Escosura and Myung Soo Cha; 17. Trade and immigration David S. Jacks and John P. Tang; 18. International finance, 1870-2010 Barry Eichengreen and Rui Esteves; 19. Warfare and empire Jari Eloranta and Leigh Gardner.
Summary
This volume offers an unprecedented global account of the emergence of modern economic growth, focusing on the period from 1870 to the present. It offers both regional studies from across the globe and thematic analyses to consider the key factors governing differential outcomes in different parts of the global economy.
