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Why Europe Grew Rich and Asia Did Not - Global Economic Divergence, 1600-1850 (Hardcover)
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Why Europe Grew Rich and Asia Did Not - Global Economic Divergence, 1600-1850 (Hardcover)
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Why Europe Grew Rich and Asia Did Not provides a striking new
answer to the classic question of why Europe industrialised from
the late eighteenth century and Asia did not. Drawing significantly
from the case of India, Prasannan Parthasarathi shows that in the
seventeenth and eighteenth centuries, the advanced regions of
Europe and Asia were more alike than different, both characterized
by sophisticated and growing economies. Their subsequent divergence
can be attributed to different competitive and ecological pressures
that in turn produced varied state policies and economic outcomes.
This account breaks with conventional views, which hold that
divergence occurred because Europe possessed superior markets,
rationality, science, or institutions. It offers instead a
groundbreaking rereading of global economic development that ranges
from India, Japan and China to Britain, France, and the Ottoman
Empire and from the textile and coal industries to the roles of
science, technology, and the state.
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