State, Economy and the Great Divergence: Great Britain and China, 1680s-1850s

by Peer Vries

Overview

State, Economy and the Great Divergence provides a new analysis of what has become the central debate in global economic history: the 'great divergence' between European and Asian growth. Focusing on early modern China and Western Europe, in particular Great Britain, this book offers a new level of detail on comparative state formation that has wide-reaching implications for European, Eurasian and global history.

Beginning with an overview of the historiography, Peer Vries goes on to extend and develop the debate, critically engaging with the huge volume of literature published on the topic to date. Incorporating recent insights, he offers a compelling alternative to the claims to East-West equivalence, or Asian superiority, which have come to dominate discourse surrounding this issue.

This is a vital update to a key issue in global economic history and, as such, is essential reading for students and scholars interested in keeping up to speed with the on-going debates.

Product Details

ISBN-13:	9781472526403
Publisher:	Bloomsbury Publishing
Publication date:	02/26/2015
Sold by:	Barnes & Noble
Format:	eBook
Pages:	528
File size:	4 MB

About the Author

Peer Vries is University Professor at the Institute for Economic and Social History, University of Vienna, Austria.
Peer Vries is Research Fellow at the International Institute of Social History, Netherlands, and has previously held positions as Professor of Global Economic History at University of Vienna, Austria, and Leiden University, Netherlands. His publications include State, Economy and the Great Divergence: Britain and China (2015) and Escaping Poverty: The Origins of Modern Economic Growth (2013).

Table of Contents

Introduction
1. Revenue
2. (Over-)Expenditure
3. Finance and Money
4. People
5. The Military and the Economy
6. Economic Policies
7. Empire and Economy
8. State-Building, Nation-Building and 'Legibility'
Concluding Remarks
Appendices
Notes
Bibliography
Index

Editorial Reviews

"This book is an impressive economic comparison between Western Europe (especially Britain) and China during the long eighteenth century. It is a much needed and balanced account that tries, I think on the whole successfully, to not succumb to either a Euro-centric or China-centric interpretation. It engages with all the main themes pertinent to such a history but, ultimately, its originality lies in emphasising the Western European, particularly Britain's, form of state. The ability to raise revenues to fund expensive wars and colonial expansion has a ramification that, ultimately, is the primary key to the "Great Divergence" with China." --William J. Ashworth, Senior Lecturer in History, University of Liverpool, UK

"Peer Vries turns traditional political economy on its head: instead of an open, laissez-faire British economy confronting an oppressive and centralized Imperial state in China in the 18th century, Vries shows us a fiscal-mercantilist Britain extracting enormous taxes and a decentralized and inefficient Chinese government receiving rather few. Moreover, Vries argues that British industrial success arose because of - not in spite of - Britain's high taxation supporting an aggressively mercantilist and imperialist state. This deeply learned book will challenge both traditionalists' and "California School" revisionists' view of the Great Divergence; it marks a powerful new turn and major advance in understanding the origins of modern economies." --Jack A. Goldstone, Professor of Public Policy, George Mason University, USA

"Professor Peer Vries' new book is a continuation of his decade-long pursuit for a better answer to a cluster of puzzles associated with the 'Great Divergence' that set Western Europe and China historically apart. Unlike the conventional views that look at a wide range of variables such as natural endowments, population, factor productivities, market activities, real wages and GDP, the author identifies the state as the prime mover in Eurasian history. The rise of the West was thus a result of a pushy 'visible hand' that dictated the allocation of key resources. He also probes further into the process and mechanisms of state-building by the elite that held political, ideological, legal, economic and military powers. Thus, the seed of the Great Divergence was planted by the elites in Western Europe and China long before 1700 AD. Professor Vries's path-breaking work re-sets our debate in global history." --Kent G. Deng, Professor of Economic History, London School of Economics, UK

From the Publisher

Professor Peer Vries' new book is a continuation of his decade-long pursuit for a better answer to a cluster of puzzles associated with the 'Great Divergence' that set Western Europe and China historically apart. Unlike the conventional views that look at a wide range of variables such as natural endowments, population, factor productivities, market activities, real wages and GDP, the author identifies the state as the prime mover in Eurasian history. The rise of the West was thus a result of a pushy 'visible hand' that dictated the allocation of key resources. He also probes further into the process and mechanisms of state-building by the elite that held political, ideological, legal, economic and military powers. Thus, the seed of the Great Divergence was planted by the elites in Western Europe and China long before 1700 AD. Professor Vries's path-breaking work re-sets our debate in global history.

Kent G. Deng

Peer Vries turns traditional political economy on its head: instead of an open, laissez-faire British economy confronting an oppressive and centralized Imperial state in China in the 18th century, Vries shows us a fiscal-mercantilist Britain extracting enormous taxes and a decentralized and inefficient Chinese government receiving rather few. Moreover, Vries argues that British industrial success arose because of - not in spite of - Britain's high taxation supporting an aggressively mercantilist and imperialist state. This deeply learned book will challenge both traditionalists' and "California School" revisionists' view of the Great Divergence; it marks a powerful new turn and major advance in understanding the origins of modern economies.

Jack A. Goldstone

This book is an impressive economic comparison between Western Europe (especially Britain) and China during the long eighteenth century. It is a much needed and balanced account that tries, I think on the whole successfully, to not succumb to either a Euro-centric or China-centric interpretation. It engages with all the main themes pertinent to such a history but, ultimately, its originality lies in emphasising the Western European, particularly Britain's, form of state. The ability to raise revenues to fund expensive wars and colonial expansion has a ramification that, ultimately, is the primary key to the "Great Divergence" with China.

William J. Ashworth