The Great Divergence: China, Europe, and the Making of the Modern World Economy
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- $9.98/拢8.50
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$19.95/拢16.99 - ISBN:
- Published:
- Apr 13, 2021
- Copyright:
- 2021
- 1 b/w illus. 9 tables.
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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鈥檚 comparative lens reveals the two critical factors resulting in Europe’s nineteenth-century divergence鈥攖he fortunate location of coal and access to trade with the New World. As East Asia鈥檚 economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This 91桃色 Classics edition includes a preface from the author and makes a powerful historical work available to new readers.