Great Divergence and Great Convergence: A Global Perspective

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Springer, May 9, 2015 - Business & Economics - 251 pages

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 hegemony

A 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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Contents

Introduction And Yet the Twain Meet Great Convergence Brings the East Closer to the West
2
Great Divergence and the Rise of the West
17
Great Convergence and the Rise of the Rest
85
The Great Convergence and Globalization How Former Colonies Became the World Economic Locomotives
114
Afterword The Great Convergence and Possible Increase in Global Instability or the World Without an Absolute Leader
159
Technological Innovation Activities in Britain and Other Western Countries 14001900A Quantitative Analysis
167
A Mathematical Model of the Great Divergence and the Great ConvergenceDemography Literacy and the Spirit of Capitalism
179
References
209
Index
243
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About the author (2015)

Leonid E. Grinin is research professor and the director of the Volgograd Center for Social Research, as well as the deputy director of the Eurasian Center for Big History & System Forecasting and senior research professor at the Institute for Oriental Studies of the Russian Academy of Sciences in Moscow. He is the editor-in-chief of the journal Age of Globalization (in Russian), as well as a co-editor of the international journals Social Evolution & History and the Journal of Globalization Studies. Dr. Grinin is the author of more than 360 scholarly publications in Russian and English, including 25 monographs. Andrey V. Korotayev is senior research professor of the Oriental Institute and Institute for African Studies, Russian Academy of Sciences, head of the Laboratory for Destabilization Risk Monitoring of the National Research University Higher School of Economics, senior research professor of the International Laboratory for Political Demography of the Russian Presidential Academy of National Economy and Public Administration, as well as a professor at the Faculty of Global Studies of the Moscow State University. He has authored and co-authored over 300 scholarly publications. At present he co-coordinates the Russian Academy of Sciences Presidium Project Complex System Analysis and Mathematical Modeling of Global Dynamics. He is a laureate of the Russian Science Support Foundation in The Best Economists of the Russian Academy of Sciences Nomination (2006).