Great Divergence China, Europe, and the Making of the Modern World Economy by Pomeranz, Kenneth pdf
Great Divergence China, Europe, and the Making of the Modern World Economy by Pomeranz, Kenneth pdf
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Great Divergence China, Europe, and the Making of the Modern World Economy by Pomeranz, Kenneth pdf
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Great Divergence: China, Europe, and the Making of the Modern World Economy by Kenneth Pomeranz explores the historical processes that led to the economic divergence between Europe and China in the early modern period. Pomeranz challenges the traditional Eurocentric view that attributes Europe's economic success to its unique institutions and culture, arguing instead that China and Europe were on similar economic trajectories until around 1800. He highlights the role of geography, natural resources, and global economic connections in shaping economic development, arguing that Europe's access to new world resources and markets played a crucial role in its rise to global economic dominance. Pomeranz's work sheds light on the complex interplay of factors that contributed to the Great Divergence and challenges simplistic narratives about the origins of the modern world economy.