The second volume of The Cambridge Economic History of the Modern World explores the development of modern economic growth from 1870 to the present. Leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include human capital, capital and technology, geography and institutions, living standards and inequality, trade and immigration, international finance, and warfare and empire.
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An unprecedented global account of the emergence of modern economic growth and its spread across the world from 1870 to the present.
Introduction to Volume II Stephen Broadberry and Kyoji Fukao; Part I.
Regional Developments:
1. North America: the rise of US technological and
economic leadership Paul W. Rhode;
2. Western Europe: convergence and
divergence Paul Sharp;
3. The socialist experiment and beyond: the economic
development of Eastern Europe from 1870 to the present Tracy Dennison and
Alexander Klein;
4. Japan: modern economic growth in Asia Kyoji Fukao and
Tokihiko Settsu;
5. Economic change in China: the role of institutions and
ideology Debin Ma;
6. From free trade to regulation: the political economy of
India's development since 1858 Bishnupriya Gupta;
7. Growth and globalisation
phases in South East Asian development since the late nineteenth century
Gregg Huff;
8. The Middle East: decline and resurgence in West Asia Mohamed
Saleh;
9. Latin America: stalled catching-up Pablo Astorga and Alfonso
Herranz-Loncán;
10. African economic development: growth, reversals, and deep
transitions Ewout Frankema;
11. Australia: prosperity, relative decline and
reorientation Gary B. Magee; Part II. Factors Governing Differential Outcomes
in the Global Economy:
12. Healthy, literate, and smart: the global increase
in human capital since 1870 Latika Chaudhary and Peter Lindert;
13. Proximate
sources of growth: capital and technology since 1870 Rajabrata Banerjee,
Robert Inklaar and Herman de Jong;
14. Underlying sources of growth: first
and second nature geography Paul Caruana-Galizia, Toshihiro Okubo and
Nikolaus Wolf;
15. Underlying sources of growth: institutions and the state
James Foreman-Peck and Leslie Hannah;
16. Living standards, inequality and
human development Leandro Prados de la Escosura and Myung Soo Cha;
17. Trade
and immigration David S. Jacks and John P. Tang;
18. International finance,
18702010 Barry Eichengreen and Rui Esteves;
19. Warfare and empire Jari
Eloranta and Leigh Gardner.
Stephen Broadberry is Professor of Economic History at the University of Oxford and a Fellow of the British Academy. He has been Managing Editor of the Economic History Review and also the European Review of Economic History and President of the Economic History Society and the European Historical Economics Society. Kyoji Fukao is President of the Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) and Specially Appointed Professor at the Institute of Economic Research, Hitotsubashi University. He has been President of the Asian Historical Economics Society and has published widely on Japanese and global economic history.
