The Origins of Globalization

World Trade in the Making of the Global Economy, 1500-1800

Business & Finance, Economics, Economic History, Nonfiction, History
Cover of the book The Origins of Globalization by Pim de Zwart, Jan Luiten van Zanden, Cambridge University Press
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Author: Pim de Zwart, Jan Luiten van Zanden ISBN: 9781108561129
Publisher: Cambridge University Press Publication: September 30, 2018
Imprint: Cambridge University Press Language: English
Author: Pim de Zwart, Jan Luiten van Zanden
ISBN: 9781108561129
Publisher: Cambridge University Press
Publication: September 30, 2018
Imprint: Cambridge University Press
Language: English

For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on economies and societies? Pim de Zwart and Jan Luiten van Zanden argue that the networks of trade established after the voyages of Columbus and Da Gama of the late fifteenth century had transformative effects inaugurating the first era of globalization. The global flows of ships, people, money and commodities between 1500 and 1800 were substantial, and the re-alignment of production and distribution resulting from these connections had important consequences for demography, well-being, state formation and the long-term economic growth prospects of the societies involved in the newly created global economy. Whether early globalization had benign or malignant effects differed by region, but the world economy as we now know it originated in these changes in the early modern period.

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For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on economies and societies? Pim de Zwart and Jan Luiten van Zanden argue that the networks of trade established after the voyages of Columbus and Da Gama of the late fifteenth century had transformative effects inaugurating the first era of globalization. The global flows of ships, people, money and commodities between 1500 and 1800 were substantial, and the re-alignment of production and distribution resulting from these connections had important consequences for demography, well-being, state formation and the long-term economic growth prospects of the societies involved in the newly created global economy. Whether early globalization had benign or malignant effects differed by region, but the world economy as we now know it originated in these changes in the early modern period.

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