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The Great Divergence - China, Europe, and the Making of the Modern World Economy (Paperback)
Loot Price: R431
Discovery Miles 4 310
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The Great Divergence - China, Europe, and the Making of the Modern World Economy (Paperback)
Series: Princeton Classics
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Loot Price R431
Discovery Miles 4 310
Expected to ship within 12 - 17 working days
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A landmark comparative history of Europe and China that examines
why the Industrial Revolution emerged in the West 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's comparative lens reveals the
two critical factors resulting in Europe's nineteenth-century
divergence-the fortunate location of coal and access to trade with
the New World. As East Asia's economy stagnated, Europe narrowly
escaped the same fate largely due to favorable resource stocks from
underground and overseas. This Princeton Classics edition includes
a preface from the author and makes a powerful historical work
available to new readers.
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