EAN: 9783319177793

GREAT DIVERGENCE AND GREAT CONVERGENCE - LEONID...

This new monograph provides a stimulating new take on hotly contested topics in world
modernization and the globalizing economy. It begins by situating what is called the Great
Divergence--the social technological revolution that led European nations to outpace the early
dominance of Asia--in historical context over centuries. This is contrasted with an equally
powerful Great Convergence  the recent economic and technological expansion taking place in
Third World nations and characterized by narrowing inequity among nations. They are seen here
as two phases of an inevitable global process  centuries in the making  with the potential for
both positive and negative results.This sophisticated presentation examines:Why the developing
world is growing more rapidly than the developed world.How this development began occurring
under the Western world's radar.How former colonies of major powers grew to drive the world's
economy.Why so many Western economists have been slow to recognize the Great Convergence.The
increasing risk of geopolitical instability.Why the world is likely to find itself without an
absolute leader after the end of the American hegemonyA work of rare scope  Great Divergence
and Great Convergence gives sociologists  global economists  demographers  and global
historians a deeper understanding of the broader movement of social and economic history 
combined with a long view of history as it is currently being made  it also offers some
thrilling forecasts for global development in the forthcoming decades.

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