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ReORIENT - Global Economy in the Asian Age (Paperback)
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ReORIENT - Global Economy in the Asian Age (Paperback)
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Andre Gunder Frank asks us to re-orient our views away from
Eurocentrism - to see the rise of the West as a mere blip in what
was, and is again becoming, an Asia-centered world. In a bold
challenge to received historiography and social theory he turns on
its head the world according to Marx, Weber, and other theorists,
including Polanyi, Rostow, Braudel, and Wallerstein. Frank explains
the Rise of the West in world economic and demographic terms that
relate it in a single historical sweep to the decline of the East
around 1800. European states, he says, used the silver extracted
from the American colonies to buy entry into an expanding Asian
market that already flourished in the global economy. Resorting to
import substitution and export promotion in the world market, they
became Newly Industrializing Economies and tipped the global
economic balance to the West. That is precisely what East Asia is
doing today, Frank points out, to recover its traditional
dominance. As a result, the 'center' of the world economy is once
again moving to the 'Middle Kingdom' of China. Anyone interested in
Asia, in world systems and world economic and social history, in
international relations, and in comparative area studies, will have
to take into account Frank's exciting reassessment of our global
economic past and future.
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