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The typical narrative regarding the evolution of world trade prior to World War II refers to a secular rise that … pronounced rise and fall of world trade over this period with trade shares being on average 32% higher than previously documented … and the world's level of openness to trade in 1913 being comparable to that in 1974. In addition, performing a similar …
Persistent link: https://www.econbiz.de/10011107348
The typical narrative regarding the evolution of world trade prior to World War II refers to a secular rise starting …, representing 90% of world GDP, for the period from 1870 to 1949. Our estimates combine historical import and export figures with … of a dramatic rise and fall of world trade over this period. Yet, they indicate that this rise and fall was …
Persistent link: https://www.econbiz.de/10010738193
The theme of this and most other reflections, implicitely or explicitely, is the role of "the West". How did it rise, expand and sustain itself for so long? Is its day over, with the lead passing to the Far Eastern economies and societies of the Pacific Rim? Connected to this is the question of...
Persistent link: https://www.econbiz.de/10005549109
this part of the world that may have made contribution to its “Great Divergence” with the West from at least the eighteenth …
Persistent link: https://www.econbiz.de/10011267793
” in the East reveals the existence of some economic and institutional limitations in this part of the world and …
Persistent link: https://www.econbiz.de/10010862597
-slump macroeconomic cycles. During both crises, world trade collapsed faster than world incomes and the trade decline was highly …
Persistent link: https://www.econbiz.de/10008533398
This research proposes that the geographical distance from the location of the pre-industrial technological frontier has a non-monotonic and persistent effect on development. While remoteness from this frontier diminished imitation, it fostered the emergence of a culture conducive to innovation...
Persistent link: https://www.econbiz.de/10010559833
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