Published in 1982 this is an introductory study of the international spread of modern industrial technology. The book considers the preconditions necessary for a country to adopt effectively modern industrial technology in the nineteenth century and the mechanisms by which this technology spread from one country to another. A global view is adopted and thus the book supplements others which are concerned with the industrial developmet of individual countries during the same period. It will be invaluable to anyone seeking an understanding of the early history of capitalism.

Published in 1982 this is an introductory study of the international spread of modern industrial technology. The book considers the preconditions necessary for a country to adopt effectively modern industrial technology in the nineteenth century and the mechanisms by which this technology spread from one country to another. A global view is adopted and thus the book supplements others which are concerned with the industrial developmet of individual countries during the same period. It will be invaluable to anyone seeking an understanding of the early history of capitalism.

Kenwood and Lougheed’s classic book has been the benchmark introduction to the development of the global economy for decades. For this fifth edition, Michael Graff has brought the story up to date to include events from the early part of the twenty first century – continued globalization, the emergence of Asia as an economic power and the greater role played by business on the international scene.

Beginning with the industrial revolution, the book charts the long nineteenth century, the impact of colonialism, the fast pace of technology growth and the impact of global wars. New features to this edition include:

a prologue explaining the initial conditions faced by the world economy in 1820, detailing the beginnings of international trade and the influence of slavery

greater coverage of developing countries

increased coverage of World Wars I and II and of the twentieth century

a number of appendices outlining the economic concepts and theories underlying the text

This new edition of Growth of the International Economy provides the reader with a clear understanding of the factors which have been instrumental in creating the economic environment we face two hundred years after the industrial revolution.

Table of Contents

1. A Short Outline of Economic History from Beginnings to 1820 2. Causes of Growth in the Nineteenth Century 3. Long-term Capital Movements, 1820-1913 4. International Migration, 1820-1913 5. Commercial Policy in the Nineteenth Century 6. Foreign Trade in the Nineteenth Century 7. Growth in the Multilateral Payments Network 8. The Gold Standard before 1913 9. The Spread of Industrialization 10. Export Economies 11. Trends and Fluctuations Before 1913 12. The War and the Economy, 1914-1918 13. The International Economy during the Interwar Years 14. The Restoration of the Gold Standard and Economic Recovery in the 1920s 15. The Collapse of the Gold Standard and Disintegration 16. International Trade during the Interwar Period 17. The Great Depression 18. The War Economy, 1939-1945 19. Planning the Future Economy 1944-1950 20. The International Economy since 1950 21. International Monetary Relations, 1945-2010 21. GATT, WTO and International Commercial Policy, 1945-2010 22. Trade and Growth, 1945-2010: The Developed Countries 23. Trade and Growth, 1945-2010: The Periphery 24. The EU, NAFTA, ASEAN, Mercosur 25. Transition Economies, 1989-2010 26. Summary, 1820-2010 and Ahead

Kenwood and Lougheed s classic book has been the benchmark introduction to the development of the global economy for decades. For this fifth edition, Michael Graff has brought the story up to date to include events from the early part of the twenty first century continued globalization, the emergence of Asia as an economic power and the greater role played by business on the international scene.

Beginning with the industrial revolution, the book charts the long nineteenth century, the impact of colonialism, the fast pace of technology growth and the impact of global wars. New features to this edition include:

• a prologue explaining the initial conditions faced by the world economy in 1820, detailing the beginnings of international trade and the influence of slavery
• greater coverage of developing countries
• increased coverage of World Wars I and II and of the twentieth century
• a number of appendices outlining the economic concepts and theories underlying the text

This new edition of "Growth of the International Economy" provides the reader with a clear understanding of the factors which have been instrumental in creating the economic environment we face two hundred years after the industrial revolution.

This text is widely acknowledged to be the best available introduction to the study of the international economy as a mechanism for diffusing modern economic growth between nations. Taking the story up to the present day, this edition covers the latest developments in international economics. Significant new additions include:
* globalisation and the world economy
* the growth of regional trading blocs
* globalisation and financial crisis in Asia
* transition to the market in post-communist economies
Packed with new references and data, The Growth of the International Economy 4th Edition is an indispensable guide to the world economy as it enters the new millennium.