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Full Description
Growth of the International Economy has been the benchmark introduction to the development of the global economy for decades. Updating the story to the present day, the new edition of this classic textbook includes coverage of key events from 2008 onwards that have influenced and disrupted the global economy.
Beginning with the Industrial Revolution, this book charts the long nineteenth century, the effects of colonialism, the fast pace of technological growth and the impact of global wars. Significant additions to the sixth edition include coverage of the aftermath of the Great Recession, the growing influence of China and the New Silk Route and the economic fallout of the Covid-19 pandemic. The geopolitical and economic reasons for the war in Ukraine and its ramifications are also considered. References and recommended reading are included at the end of each chapter to encourage further study as well as a selection of appendices outlining the economic concepts and theories underpinning the text.
This new edition, Growth of the International Economy, 1820-2025, provides the reader with a clear understanding of the factors which have been instrumental in shaping the economic environment we face 200 years after the Industrial Revolution.
Contents
Introduction. Prologue: The International Economy from the Beginnings to 1820. Part 1: The International Economy, 1820-1913 1. The Causes of the Growth of the International Economy in the Nineteenth Century 2. International Long-Term Capital Movements 3. International Migration 4. Commercial Policy in the Nineteenth Century 5. Foreign Trade in the Nineteenth Century 6. The Evolution of a Multilateral Payments Network 7. The Evolution of an International Monetary System: The Gold Standard Until 1914 8. International Aspects of Economic Growth in the Nineteenth Century: The Spread of Industrialization 9. International Aspects of Economic Growth in the Nineteenth Century 10. Trends and Fluctuations in the International Economy up to 1914 Part 2: The First World War and the Interwar Years 11. The International Economy from 1914 to 1939 12. The Restoration of the Gold Standard and the Economic Recovery of the 1920s 13. The Collapse of the Gold Standard and the Disintegration of the International Economy 14. International Trade During the Interwar Period 15. The Great Depression: An Overview Part 3: The Second World War and the post-1945 International Economy 16. The International Economy from 1939 to 1950 17. The International Economy, 1950-2000 18. International Monetary Relations, 1945-2000 19. The GATT, the WTO and International Commercial Policy, 1947-2000 20. Trade and Growth in the International Economy: The Developed Countries, 1945-2000 21. Trade and Growth in the International Economy: The Periphery, 1945-2000 22. The New Millennium, 2001-24 23. The International Economy until 2024 and Beyond
