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Governance, Growth and Global Leadership - The Role of the State in Technological Progress, 1750-2000 (Paperback)
Loot Price: R1,496
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Governance, Growth and Global Leadership - The Role of the State in Technological Progress, 1750-2000 (Paperback)
Series: Modern Economic and Social History
Expected to ship within 12 - 17 working days
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This book focuses on the role of the state in promoting a country's
long-term technological progress and industrial leadership.
Throughout history, a nation's rise to dominance has invariably
been followed by its fall; the dominant powers of today are not the
same ones that controlled the world three hundred years ago. In the
same manner, economic dominance has usually been fleeting, as
leading nations have routinely been caught up and surpassed by
challengers. This study looks at Schumpeterian growth - currently
the most important source of economic growth - which credits the
ability to use technological progress for the benefit of industrial
leadership as the key motor of national development and economic
success. Contrasting the experiences of five great powers (Britain,
France, Germany, the USA and Japan) during five periods of
technological and industrial leadership, from the Industrial
Revolution to the beginning of the twenty-first century, the book
draws on historical and comparative methods to draw causal
inferences about international progress and leadership. It explores
various factors that promote or hinder technological advancement
and how these can in turn effect national development. It concludes
that where states have forged ahead and maintained a lead over
their rivals, it is because consensus and cohesion prevented vested
interests from growing powerful enough to block structural economic
change. By applying economic theory to long-term historical models,
this book offers a fascinating perspective on the causes and
effects of national growth and industrial leadership. It will be
invaluable reading for anyone with an interest in international
relations and global economic trends, both modern and historical.
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