Power and Plenty: Trade, War, and the World Economy in the Second Millennium (Princeton Economic History of the Western World)

TITLE......Page 4
COPYRIGHT......Page 5
CONTENTS......Page 10
ACKNOWLEDGMENTS......Page 14
PREFACE......Page 17
1 Introduction: Geographical and Historical Background......Page 30
Western Europe......Page 33
Eastern Europe......Page 40
North Africa and Southwest Asia: The Islamic World......Page 44
Central (or Inner) Asia......Page 53
South Asia......Page 58
Southeast Asia......Page 62
East Asia (China, Korea, and Japan)......Page 66
2 The World Economy at the Turn of the First Millennium......Page 72
The Golden Age of Islam......Page 77
China: The Sung Economic Miracle......Page 90
The Indian Ocean and Southeast Asian Trade......Page 96
The Pirenne Thesis......Page 100
Eastern Europe: The Viking Connection......Page 102
The Economy of Western Europe......Page 109
3 World Trade 1000–1500: The Economic Consequences of Genghis Khan......Page 116
Trade and War in the Mediterranean and the Black Sea, 1000–1350......Page 117
The Indian Ocean and the South China Sea, 1000–1350......Page 127
The Pax Mongolica and Overland Trade, 1000–1350......Page 130
Eurasia on the Eve of the Black Death......Page 138
The Black Death......Page 140
Trade between Western and Eastern Europe, 1350–1500......Page 149
Overland Trade, 1350–1500: The Aftermath of the Pax Mongolica......Page 153
The Emergence of Russia......Page 155
The Middle East, the Mediterranean, and International Trade, 1350–1500......Page 156
Southeast Asia and China, 1350–1500......Page 162
Quantifying the Late Medieval Spice Trade......Page 169
4 World Trade 1500–1650: Old World Trade and New World Silver......Page 172
Portugal, the Atlantic, and the Indian Ocean......Page 174
Spain, Portugal, and the New World......Page 187
The Pacific and East Asia......Page 196
The Dutch Rise to Primacy in World Trade......Page 204
Russia, Sweden, and the Baltic, 1500–1650......Page 216
Southeast Asia during the Age of Commerce......Page 223
The Cape Route, Venice, and the Middle East......Page 233
Silver, Silk, and Spices......Page 241
5 World Trade 1650–1780: The Age of Mercantilism......Page 256
Origins of the British Empire: Trade, Plunder, and Settlement......Page 258
Mercantilism, Commercial Rivalry, and the Anglo-Dutch Wars......Page 267
Britain, France, and the Dutch Republic......Page 274
Britain and France: Commercial Expansion and the Second Hundred Years\' War......Page 276
India: The Disintegration of the Mughal Empire and the Transition to Colonial Rule......Page 291
Southeast Asia and the End of the Age of Commerce......Page 304
The Manchu Empire......Page 313
China\'s Overseas Trade......Page 315
Chinese and Russian Overland Trade......Page 324
Conclusion......Page 333
6 Trade and the Industrial Revolution......Page 340
Trade during the Industrial Revolution......Page 353
Trade, Overseas Expansion, and the Industrial Revolution......Page 359
Why Britain? Why Europe and Not Asia?......Page 375
Conclusion......Page 393
7 World Trade 1780–1914: The Great Specialization......Page 394
War and Revolution......Page 395
The Revolutionary and Napoleonic Wars: Short-Run Implications......Page 398
The Revolutionary and Napoleonic Wars: Long-Run Implications......Page 400
The Industrial Revolution and Transportation Technology......Page 407
Bulk Commodities and Heckscher–Ohlin Effects......Page 412
Nineteenth-Century Imperialism......Page 416
Nineteenth-Century Trade Policy......Page 424
Commodity Market Integration, 1815–1914......Page 431
Complementary Factor Flows and the Great Frontier......Page 436
Trade and the Global Division of Labor......Page 440
Trade, Tropical Frontiers, and the Great Divergence......Page 443
The Terms of Trade......Page 453
Conclusion......Page 454
WorldWar I......Page 458
The Aftermath of War......Page 464
Interwar Commercial Policy......Page 472
Transport Costs......Page 484
The Volume of World Trade......Page 487
Price Convergence and Divergence......Page 490
The Great Depression, the Collapse of World Trade, and the Developing Countries......Page 494
The Collapse of the Ottoman Empire......Page 498
Conclusion......Page 500
World War II......Page 502
Geopolitical Consequences: Communism, the Cold War, and Decolonization......Page 505
The Gradual Reconstruction of the Atlantic Economy: 1950–70......Page 518
Policy Divergence: 1945–80......Page 522
Reglobalization: 1980–2000......Page 525
International Transport Costs......Page 530
Trends in Openness: Quantities and Prices......Page 534
Unraveling the Great Specialization......Page 541
Openness and Convergence in the Late Twentieth Century......Page 544
Conclusion......Page 554
10 Globalization at the Dawn of the Twenty-First Century......Page 556
The Future of Globalization: Economic Challenges......Page 563
The Future of Globalization: Political Challenges......Page 568
BIBLIOGRAPHY......Page 576
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