Why did modern states and economies develop first in the peripheral and late-coming culture of Europe? This historical puzzle looms behind every study of industrialization and economic development. In his analytical and comparative work Eric Jones sees the economic condition forming where natural environments and political systems meet: Europe's economic rise is explained as a favoured interaction between them, contrasting with the frustrating pattern of their interplay in the Ottoman empire, India and China. For the second edition Professor Jones has added a new introduction and an updated bibliographical guide.
The idea of long-term European dominance is characteristic of most evolutionary theories of human culture and society in the nineteenth century. It was commonly believed that there was a natural progression from Antiquity through Feudalism to Capitalism which could not have taken place elsewhere. Today there are many who still believe that this progression was part of a European miracle that underlay the rise to global supremacy of the West. In this short book Jack Goody systematically dismantles this Eurocentric view of the world. He argues that we need to look, not for a European miracle, but rather for a Eurasian miracle that went back to the Urban Revolution of the Bronze Age, that affected the Near East, India and China well before Europe and that was much advanced by the adoption of writing. Under these conditions we find a long-term exchange of information between East and West, and the dominance of one followed by the dominance of the other - in other words, alternation rather than dominance. There were measures during the Renaissance in Europe that made for continuous growth, especially the secularization of learning, but it appears that the period of Western supremacy is now coming to an end and that we are about to experience a further alternation in favour of the East.
This influential book challenges one of the most pervasive and powerful beliefs of our time--that Europe rose to modernity and world dominance due to unique qualities of race, environment, culture, mind, or spirit, and that progress for the rest of the world resulted from the diffusion of European civilization. J. M. Blaut persuasively argues that this doctrine is not grounded in the facts of history and geography, but in the ideology of colonialism. Blaut traces the colonizer's model of the world from its 16th-century origins to its present form in theories of economic development, modernization, and new world order.
What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.
Through an examination of election campaign propaganda and various public relations campaigns, reflecting new electioneering techniques borrowed from the United States, this work explores how conservative political and economic groups sought to construct and sell a political meaning of the Social Market Economy and the Economic Miracle in West Germany during the 1950s.The political meaning of economics contributed to conservative electoral success, constructed a new belief in the free market economy within West German society, and provided legitimacy and political stability for the new Federal Republic of Germany.
Golf fans will not forget the 39th Ryder Cup in a hurry. Staged at the Medinah Country Club just outside of Chicago, the 2012 event has already gone down as the most remarkable competition in its 85-year history. The American team had home advantage, and a golf course unapologetically set up to suit its own players. Supported by tens of thousands of loud and proud fans, the USA's star-studded line-up dominated the first two days and ended the Saturday with a seemingly unassailable 10-6 advantage. No away team had ever won the Ryder Cup from such an unpromising position. Sunday was singles day, traditionally the forte of American teams. The situation looked bleak, especially when European team member and number 1 golfer in the world, Rory McIlroy, very nearly missed his tee-off time. Yet slowly but surely, the European team - who had top-loaded their line-up in one last throw of the dice - started to turn the scoreboard blue. With inspirational captain Jose Maria Olazabal stiring European blood with thoughts of the late Ryder Cup magician Seve Ballesteros (whose silhouette was emblazoned on the players' sweaters and bags), the tide turned and the previously dominant American players started to crumble in the face of the onslaught. Suddenly European players were holing miraculous putts to win holes out of the blue. Something very special was happening. When German Martin Kaymer sank his putt on the eighteenth green to clinch the point that retained the Ryder Cup, the most astonishing comeback in the event's long and distinuished history was complete. Miracle at Medinah is the compelling narrative of those amazing three days in Illinois, a fitting chronicle of an unbelievable sporting story.
However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem.
"Easily the most informed and comprehensive analysis to date on how and why East Asian countries have achieved sustained high economic growth rates, this book] substantially advances our understanding of the key interactions between the governors and governed in the development process. Students and practitioners alike will be referring to Campos and Root's series of excellent case studies for years to come." Richard L. Wilson, The Asia Foundation Eight countries in East Asia--Japan, South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, and Indonesia--have become known as the "East Asian miracle" because of their economies' dramatic growth. In these eight countries real per capita GDP rose twice as fast as in any other regional grouping between 1965 and 1990. Even more impressive is their simultaneous significant reduction in poverty and income inequality. Their success is frequently attributed to economic policies, but the authors of this book argue that those economic policies would not have worked unless the leaders of the countries made them credible to their business communities and citizens. Jose Edgardo Campos and Hilton Root challenge the popular belief that East Asia's high performers grew rapidly because they were ruled by authoritarian leaders. They show that these leaders had to collaborate with various sectors of their population to create an environment that was conducive to sustained growth. This required them to persuade the business community that their investments would not be expropriated and to convince the broader population that their short-term sacrifices would be rewarded in the future. Many of the countries achieved business cooperation by creating consultative groups, which the authors call deliberation councils, to enhance accountability and stability. They also obtained popular support through a variety of wealth-sharing measures such as land reform, worker cooperatives, and wider access to education. Finally, to inhibit favoritism and corruption that would benefit narrow interest groups at the expense of broad-based development, these countries' leaders constructed a competent bureaucracy that balanced autonomy with accountability to serve all interests, including the poor. This important book provides useful lessons about how developing and newly industrialized countries can build institutions to implement growth-promoting policies.