The Globalization of the World's Economies

A Concise Historical Introduction
1. Auflage 2025
ISBN: 978-1-041-06196-0
Verlag: Taylor & Francis Ltd

Buch, Englisch, 232 Seiten, Format (B × H): 156 mm x 234 mm

Reihe: Europa Introduction to...

The world is standing at a crossroads. On the one hand, economic globalization has brought unprecedented levels of prosperity. It has lifted millions out of poverty; it has massively enhanced education and skills development; and it has increased the potential for the exercise of power from below, for the complexity of global supply chains renders them highly vulnerable to disruption by the protests of small groups of people in far-flung places. On the other hand, neoliberal globalization has brought rising inequality; the emergence, in the developed world, of the so-called left behind; refugee crises; and increasingly problems related to health and the climate, which the institutions of global governance have struggled to deal with, thus undermining their authority and fuelling the growth of populist nationalism.

In order to get a sense of whether economic globalization will in future take a positive or a negative path, it is essential to look at the past. It is only through gaining an understanding of how we have come to be where we are that we will be better placed to see where we are going and, most importantly, to take the action needed to enable us to face the future with optimism rather than with fear.

This volume provides a comprehensive overview in historical perspective of the development and current state of globalization, offering a wealth of information to students, professionals and researchers alike.

Zielgruppe

Academic

Autoren/Hrsg.

Newell, James L.

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Politikwissenschaft Allgemein Politische Studien zu einzelnen Ländern und Gebieten
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Kolonialgeschichte, Geschichte des Imperialismus
• Sozialwissenschaften Politikwissenschaft Internationale Beziehungen Kolonialismus, Imperialismus

Inhaltsverzeichnis

List of Tables

List of Figures

List of Abbreviations

Introduction

1. Foundations of Economic Globalization

2. The Age of Exploration and Mercantilism

3. The Industrial Revolution

4. The Interwar Period and the Rise of Protectionism

5. Post-World War II Reconstruction and the Birth of Multilateral Institutions

6. The Late 20th Century Acceleration of Globalization
7. The Future of Globalization

Conclusion

Appendix I: David Ricardo’s Theory of Comparative Advantage

Appendix II: Innovative Financial Products and Institutions

Index

Über Autor(innen)

James L. Newell is adjunct professor of politics at the University of Urbino Carlo Bo and founding co-editor of the journal Contemporary Italian Politics. His recent books include European Integration and the Crisis of Social Democracy (Palgrave Macmillan, 2022), Italian Politics: Exploring the Dynamics of Political Change (Routledge, 2024) and The UK’s Road Back to Europe: Actors, Resources, Mechanisms (Palgrave Macmillan, 2025).