Journal ArticleDOI
When did globalisation begin
TLDR
McNeill et al. as mentioned in this paper show that there is no evidence supporting the view that the world economy was globally integrated prior to the 1490s; there is also no evidence that this decade had the trading impact that world historians assign to it; but there is abundant evidence that a very big globalisation bang took place in the 1820s.Abstract:
Some world historians attach globalisation ‘big bang’ significance to 1492 and 1498. Such scholars are on the side of Adam Smith who believed that these were the two most important events in recorded history. Other world historians insist that globalisation stretches back even earlier. There is a third view which argues that the world economy was fragmented and completely de-globalised before the early nineteenth century. None of these three competing views has distinguished explicitly between trade expansion driven by booming import demand or export supply, and trade expansion driven by the integration of markets between trading economies. This article makes that distinction, and shows that there is no evidence supporting the view that the world economy was globally integrated prior to the 1490s; there is also no evidence supporting the view that this decade had the trading impact that world historians assign to it; but there is abundant evidence supporting the view that a very big globalisation bang took place in the 1820s.‘The year 1500 marks an important turning point in world history . . . The European discoveries made the oceans of the earth into highways for their commerce . . .’ William H. McNeill 1999, p. 295.read more
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The Potato's Contribution to Population and Urbanization: Evidence From A Historical Experiment
Nathan Nunn,Nancy Qian +1 more
TL;DR: According to the most conservative estimates, the introduction of the potato accounts for approximately one-quarter of the growth in Old World population and urbanization between 1700 and 1900.
ReportDOI
Does Globalization Make the World More Unequal
TL;DR: The authors argue that the likely impact of globalization on world inequality has been very different from what these simple correlations suggest, and that the nations that gained the most from globalization are those poor ones that changed their policies to exploit it, while the ones that gain the least did not, or were too isolated to do so.
Book
Natural Resources, Neither Curse nor Destiny
TL;DR: The role of natural resources in development and economic diversification is discussed in this paper, which brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources.
Journal ArticleDOI
The early modern great divergence: wages, prices and economic development in Europe and Asia, 1500–1800
TL;DR: This article showed that the prosperous parts of Asia between 1500 and 1800 look similar to the stagnating southern, central and eastern parts of Europe rather than the developing northwestern parts of the world, contrary to the claims of Pomeranz, Parthasarathi and other world historians.
Journal ArticleDOI
ReOrient: Global Economy in the Asian Age
TL;DR: In this paper, the authors present a review of new books on the Asian Age history: Reviews of New Books: Vol 27, No 2, pp 90-90 and this paper.
References
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Journal ArticleDOI
The Modern World-System: Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century.
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North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World
TL;DR: The authors showed that the expansion of North-South trade in manufactures has had a far greater impact on labour markets than earlier work suggested, and that the best solution for the longer term in the North is more investment in education, to raise the supply of skilled labour.
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ReORIENT: Global Economy in the Asian Age
TL;DR: 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 was discussed by Frank as mentioned in this paper, who pointed out that the European states used the silver extracted from the American colonies to buy entry into an expanding Asian market that already flourished in the global economy.
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Cross-cultural trade in world history
TL;DR: Curtin this article explores the trade between peoples of differing cultures through world history, extending from the ancient world to the coming of the commercial revolution, and discusses a broad and diverse group of trading relationships.