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A History of the Global Economy
1500 to the Present


  • Editor: Joerg Baten, Eberhard-Karls-Universität Tübingen, Germany
Joerg Baten, Jan Luiten van Zanden, Stephen Broadberry, Catherine Schenk, Pablo Martin Acena, Irina Potkina, Price Fishback, Kevin Hjortshøj O'Rourke, Franco Amatori, Knut Sogner, Luis Bértola, José Ocampo, Salomon Kalmanovitz, Osamu Saito, Tetsuji Okazaki, Debin Ma, Min Ma, Jeffrey Williamson, Rima Ghanem, Sarah Carmichael, Selin Dilli, Auke Rijpma, Tirthankar Roy, Kris Inwood, Martin Shanahan, Gareth Austin, Marjolein't Hart
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  • Date Published: March 2016
  • availability: In stock
  • format: Paperback
  • isbn: 9781107507180
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About the Authors
  • Why are some parts of the world poor today, while others are rich? At which point in time did they diverge, and what were the reasons? These core questions are addressed in a concise and accessible introduction to global economic development since 1500. Leading economic historians from across the globe provide overviews of major world regions together with global comparison chapters and case studies highlighting key themes, individuals, processes and events. Utilising a set of common developmental indicators, the chapters address crucial issues such as how international trade and migration, institutions and flows of physical and human capital impacted economic growth. Richly illustrated with informative figures, maps, tables and charts, A History of the Global Economy summarises the key economic findings, debates and ideas, and provides students and the interested public with an up-to-date and engaging introduction to the origins and evolution of today's global economy.

    • A concise and accessible introduction to global economic development since 1500
    • Features an author team of leading experts in economic history across the globe
    • Richly interspersed with a range of pedagogical features such as case studies, figures, maps, tables and charts
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    Reviews & endorsements

    'The coverage devoted to developing countries is especially valuable … each chapter gives a reasonable overview of the state of research and current understanding on its region, making this useful as a text for a basic course in world economic history or as reference point for those unfamiliar with a particular region … Highly recommended. General readers through faculty.' J. L. Rosenbloom, Choice

    Customer reviews

    11th Apr 2016 by JohnKomlos

    The fact that globalization is a controversial and at the same time one of the most salient subject in academia as well as in policy circles makes this magisterial volume a most significant contribution to understanding the roots, mainsprings, and outlines of the global economy’s development in the very long run. A select group of the top contributors to this literature from around the globe weave a convincing narrative of the cutting-edge research that also includes avant-guard perspectives on numeracy, anthropometric history, inequality, and human capital formation. Exhaustive historic data have been painstakingly unearthed from dusty archives and combined with careful historical and economic analysis in order to buttress our understanding of how we arrived at our globalized world of the 21st century. This collection of masterful studies will definitely transform how you view the past and remain an essential read and not only in economics and history for a very long time to come. John Komlos, Professor Emeritus, University of Munich.

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    Product details

    • Date Published: March 2016
    • format: Paperback
    • isbn: 9781107507180
    • length: 380 pages
    • dimensions: 247 x 176 x 17 mm
    • weight: 0.77kg
    • contains: 69 b/w illus. 19 maps 22 tables
    • availability: In stock
  • Table of Contents

    Introduction: a history of the global economy - the 'why' and the 'how' Joerg Baten
    1. North-Western Europe Jan Luiten van Zanden
    Interlinking chapter 1. The great divergence in the world economy: long-run trends of real income Stephen Broadberry
    Highlight article 1.1 International financial regulation and supervision Catherine Schenk
    2. Southern, Eastern and Central Europe Joerg Baten
    Interlinking chapter 2. The Sputnik shock, the Pisa shock: human capital as a global growth determinant Joerg Baten
    Highlight article 2.1 State finances during civil wars Pablo Martin Acena
    Highlight article 2.2 Property rights in the Russian Empire Irina Potkina
    3. The United States and Canada Price Fishback
    Interlinking chapter 3. The Great Depression of the 1930s and the world economic crisis after 2008 Kevin Hjortshøj O'Rourke
    Highlight article 3.1 Multi-divisional firms and managerial capitalism Franco Amatori
    Highlight article 3.2 Business history and innovation Knut Sogner
    Highlight article 3.3 Alfred D. Chandler, Jr: the man behind modern business history Franco Amatori
    4. Latin America Luis Bértola and José Ocampo
    Interlinking chapter 4. Was there a 'curse of natural resources'? Joerg Baten
    Highlight article 4.1 Latin America, 1500–1800: early contact, epidemics and numeracy development Joerg Baten
    Highlight article 4.2 The economic consequences of independence in Latin America Salomon Kalmanovitz
    5. Japan's long-run growth process in a Eurasian perspective Osamu Saito
    Highlight article 5.1 Japanese industry during WWII Tetsuji Okazaki
    6. China Debin Ma
    Highlight article 6.1 International expositions and East Asia's participation in the modern era Min Ma
    Interlinking chapter 5/6. Trade and poverty, 1820–1913: when the Third World fell behind Jeffrey Williamson
    7. Middle East, North Africa and Central Asia Rima Ghanem and Joerg Baten
    Interlinking chapter 7. Women in global economic history Sarah Carmichael, Selin Dilli and Auke Rijpma
    Highlight article 7.1 The imperial expansion of the Ottoman Empire and its cultural determinants Rima Ghanem and Joerg Baten
    8. The economic history of South Asia: a survey of quantitative research Tirthankar Roy
    Interlinking chapter 8. Human stature as a health indicator in colonial empires Joerg Baten and Kris Inwood
    Highlight article 8.1 Did brain-drain from India cause underdevelopment? Numeracy of Indian migrants and the Indian population, seventeenth to twentieth century Joerg Baten
    9. Southeast Asia and Australia/New Zealand Martin Shanahan
    Highlight article 9.1 Pre-history, ancient and classical periods of Southeast Asia Martin Shanahan
    Interlinking chapter 9. Institutional development in world economic history Joerg Baten
    10. Sub-saharan Africa Gareth Austin
    Highlight article 10.1 Why was Ethiopia not colonized during the late-nineteenth-century 'Scramble for Africa'? Marjolein't Hart
    Conclusion Joerg Baten

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  • Editor

    Joerg Baten, Eberhard-Karls-Universität Tübingen, Germany
    Joerg Baten served as Secretary General of the International Economic History Association and is still active in its Executive Committee. Recently, he was elected as president of the European Historical Economic Society. Baten created new research fields of numeracy development in long-term perspective and added a global perspective to studies on the biological stand of living (using height as indicator). He is the author of a number of articles in refereed journals. His publications include studies on all world regions.


    Joerg Baten, Jan Luiten van Zanden, Stephen Broadberry, Catherine Schenk, Pablo Martin Acena, Irina Potkina, Price Fishback, Kevin Hjortshøj O'Rourke, Franco Amatori, Knut Sogner, Luis Bértola, José Ocampo, Salomon Kalmanovitz, Osamu Saito, Tetsuji Okazaki, Debin Ma, Min Ma, Jeffrey Williamson, Rima Ghanem, Sarah Carmichael, Selin Dilli, Auke Rijpma, Tirthankar Roy, Kris Inwood, Martin Shanahan, Gareth Austin, Marjolein't Hart

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