Monthly Review | The New Cold War on China monthlyreview.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monthlyreview.org Daily Mail and Mail on Sunday newspapers.
Stephen Broadberry 20 April 2021
As a result of recent work on historical national accounting, it is now possible to establish more firmly the timing of the Great Divergence of living standards between Europe and Asia in the 18th century. This column shows that there was a European Little Divergence as Britain and the Netherlands overtook Italy and Spain, and an Asian Little Divergence as Japan overtook China and India. The Great Divergence occurred because Japan grew more slowly than Britain and the Netherlands starting from a lower level, and because of a strong negative growth trend in Qing dynasty China.
Jan Luiten van Zanden
Monthly Review | The Ideology of Late Imperialism monthlyreview.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monthlyreview.org Daily Mail and Mail on Sunday newspapers.