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The Resource The great divergence : Europe, China, and the making of the modern world economy, Kenneth Pomeranz

The great divergence : Europe, China, and the making of the modern world economy, Kenneth Pomeranz

Label
The great divergence : Europe, China, and the making of the modern world economy
Title
The great divergence
Title remainder
Europe, China, and the making of the modern world economy
Statement of responsibility
Kenneth Pomeranz
Creator
Subject
Genre
Language
eng
Summary
  • This text offers insight into one of the classic questions of history: why did sustained industrial growth begin in Northwest Europe, despite surprising similarities between advanced areas of Europe and East Asia? As the author shows, as recently as 1750, parallels between these two parts of the world were very high in life expectancy, consumption, product and factor markets, and the strategies of households. Perhaps most surprisingly, he demonstrates that the Chinese and Japanese cores were no worse off ecologically than Western Europe. Core areas throughout the eighteenth-century Old World faced comparable local shortages of land-intensive products, shortages that were only partly resolved by trade. The author argues that Europe's nineteenth-century divergence from the Old World owes much to the fortunate location of coal, which substituted for timber. This made Europe's failure to use its land intensively much less of a problem, while allowing growth in energy-intensive industries. Another crucial difference that he notes has to do with trade. Fortuitous global conjunctures made the Americas a greater source of needed primary products for Europe than any Asian periphery. This allowed Northwest Europe to grow dramatically in population, specialize further in manufactures, and remove labor from the land, using increased imports rather than maximizing yields. Together, coal and the New World allowed Europe to grow along resource-intensive, labor-saving paths. Meanwhile, Asia hit a cul-de-sac. Although the East Asian hinterlands boomed after 1750, both in population and in manufacturing, this growth prevented these peripheral regions from exporting vital resources to the cloth-producing Yangzi Delta. As a result, growth in the core of East Asia's economy essentially stopped, and what growth did exist was forced along labor-intensive, resource-saving paths, paths Europe could have been forced down, too, had it not been for favorable resource stocks from underground and overseas
  • "Why did sustained industrial growth begin in Northwest Europe, despite surprising similarities between advanced areas of Europe and East Asia?" "Pomeranz argues that Europe's nineteenth-century divergence from the Old World owes much to the fortunate location of coal, which substituted for timber. This made Europe's failure to use its land intensively much less of a problem, while allowing growth in energy-intensive industries. Another crucial difference that he notes has to do with trade. Fortuitous global conjunctures made the Americas a greater source of needed primary products for Europe than any Asian periphery. This allowed Northwest Europe to grow dramatically in population, specialize further in manufactures, and remove labor from the land, using increased imports rather than maximizing yields. Together, coal and the New World allowed Europe to grow along resource-intensive, labor-saving paths."--BOOK JACKET
Member of
Cataloging source
DLC
http://library.link/vocab/creatorName
Pomeranz, Kenneth
Dewey number
337
Index
index present
LC call number
HC240
LC item number
.P5965 2000
Literary form
non fiction
Nature of contents
bibliography
Series statement
Princeton economic history of the Western world
http://library.link/vocab/subjectName
  • Economic development
  • Comparative economics
  • Europe
  • Europe
  • China
Label
The great divergence : Europe, China, and the making of the modern world economy, Kenneth Pomeranz
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages [339]-371) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Comparisons, connections, and narratives of European economic development -- A World of Surprising Resemblances. Europe before Asia? Population, capital accumulation, and technology in explanations of European development -- Market economies in Europe and Asia -- From New Ethos to New Economy? Consumption, Investment, and Capitalism. Luxury consumption and the rise of capitalism -- Visible hands: firm structure, sociopolitical structure, and "capitalism" in Europe and Asia -- Beyond Smith and Malthus: From Ecological Constraints to Sustained Industrial Growth. Shared constraints: ecological strain in Western Europe and East Asia -- Abolishing the land constraint: the Americas as a new kind of periphery
Control code
41835186
Dimensions
25 cm
Extent
x, 382 pages
Isbn
9780691005430
Isbn Type
(cl : alk. paper)
Lccn
99027681
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Label
The great divergence : Europe, China, and the making of the modern world economy, Kenneth Pomeranz
Publication
Bibliography note
Includes bibliographical references (pages [339]-371) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Comparisons, connections, and narratives of European economic development -- A World of Surprising Resemblances. Europe before Asia? Population, capital accumulation, and technology in explanations of European development -- Market economies in Europe and Asia -- From New Ethos to New Economy? Consumption, Investment, and Capitalism. Luxury consumption and the rise of capitalism -- Visible hands: firm structure, sociopolitical structure, and "capitalism" in Europe and Asia -- Beyond Smith and Malthus: From Ecological Constraints to Sustained Industrial Growth. Shared constraints: ecological strain in Western Europe and East Asia -- Abolishing the land constraint: the Americas as a new kind of periphery
Control code
41835186
Dimensions
25 cm
Extent
x, 382 pages
Isbn
9780691005430
Isbn Type
(cl : alk. paper)
Lccn
99027681
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n

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