Network Origins of the Global Economy - Hilton L. Root

Network Origins of the Global Economy

East vs. West in a Complex Systems Perspective

(Autor)

Buch | Hardcover
334 Seiten
2020
Cambridge University Press (Verlag)
978-1-108-48899-0 (ISBN)
43,60 inkl. MwSt
Applying network theory to economic history, this work reinterprets five historical transitions: the rise of dynastic lordships in China and Europe; the law's formation; industrialisation and the Great Divergence; China's ascendancy; and globalisation's hyper-connectivity. Root reveals the hidden patterns of regime variation, transition and decay.
The upheavals of recent decades show us that traditional models of understanding processes of social and economic change are failing to capture real-world risk and volatility. This has resulted in flawed policy that seeks to capture change in terms of the rise or decline of regimes or regions. In order to comprehend current events, understand future risks and decide how to prepare for them, we need to consider economies and social orders as open, complex networks. This highly original work uses the tools of network analysis to understand great transitions in history, particularly those concerning economic development and globalisation. Hilton L. Root shifts attention away from particular agents – whether individuals, groups, nations or policy interventions – and toward their dynamic interactions. Applying insights from complexity science to often overlooked variables across European and Chinese history, he explores the implications of China's unique trajectory and ascendency, as a competitor and counterexample to the West.

Hilton L. Root teaches international economics and political economy at George Mason University, Virginia in the Schar School of Public Policy and Government. His academic career has included positions at the University of International Business and Economics (Beijing), King's College London, the California Institute of Technology, University of Pennsylvania and Stanford University, California. He advises the US Department of the Treasury, the Asian Development Bank, and the United Nations Development Programme (UNDP), and has authored more than 200 publications, including ten books.

Preface Brian Arthur; Part I. Political Economy and Complex Systems: 1. Great transitions in economic history; 2. Growth, form, and self-organization in the economy; 3. Human evolutionary behavior and political economy; Part II. An Analysis of Historical Regimes: 4. Network assemblage of regime stability and resilience; 5. Network formation and the emergence of law: from feudalism to small-world connectivity (with Cameron Harwick); 6. The network foundations of the Great Divergence (with Qing Tian); Part III. The Coming Instability: 7. Has the baton passed to China? (with Liu Baocheng); 8. China's ambitions and the future of the global economy (with Liu Baocheng); 9. Global networks over time (with Kevin Comer, Jack Goldstone, and David Masad); 10. A future of diminishing returns or massive transformation?; 11. Network structure and economic change: East vs. West.

Erscheinungsdatum
Zusatzinfo Worked examples or Exercises; 2 Tables, black and white; 14 Line drawings, black and white
Verlagsort Cambridge
Sprache englisch
Maße 160 x 235 mm
Gewicht 610 g
Themenwelt Sozialwissenschaften Soziologie
Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 1-108-48899-4 / 1108488994
ISBN-13 978-1-108-48899-0 / 9781108488990
Zustand Neuware
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