Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
Europe's place in history is re-assessed in this first comprehensive history of the ancient world, centering on the Indian Ocean and its role in pre-modern globalization. Philippe Beaujard presents an ambitious and comprehensive global history of the Indian Ocean world, from the earliest state formations to 1500 CE. Supported by a wealth of empirical data, full color maps, plates, and figures, he shows how Asia and Africa dominated the economic and cultural landscape and the flow of ideas in the pre-modern world. This led to a trans-regional division of labor and an Afro-Eurasian world economy. Beaujard questions the origins of capitalism and hints at how this world-system may evolve in the future. The result is a reorienting of world history, taking the Indian Ocean, rather than Europe, as the point of departure. Volume I provides in-depth coverage of the period from the fourth millennium BCE to the sixth century CE.
This textbook provides a historical survey of economic and political development theory and practice from 1945. Against the background of changes in global politics, it explores how the project of int
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
Europe's place in history is re-assessed in this first comprehensive history of the ancient world, centering on the Indian Ocean and its role in pre-modern globalization. Philippe Beaujard presents an ambitious and comprehensive global history of the Indian Ocean world, from the earliest state formations to 1500 CE. Supported by a wealth of empirical data, full color maps, plates, and figures, he shows how Asia and Africa dominated the economic and cultural landscape and the flow of ideas in the pre-modern world. This led to a trans-regional division of labor and an Afro-Eurasian world economy. Beaujard questions the origins of capitalism and hints at how this world-system may evolve in the future. The result is a reorienting of world history, taking the Indian Ocean, rather than Europe, as the point of departure. Volume II provides in-depth coverage of the period from the seventh century CE to the fifteenth century CE.
By the end of the twentieth century some nine million people of South Asian descent had left India, Bangladesh or Pakistan and settled in different parts of the world, forming a diverse and significant modern diaspora. In the early nineteenth century, many left reluctantly to seek economic opportunities which were lacking at home. This is the story of their often painful experiences in the diaspora, how they constructed new social communities overseas and how they maintained connections with the countries and the families they had left behind. It is a story compellingly told by one of the premier historians of modern South Asia, Judith Brown, whose particular knowledge of the diaspora in Britain and South Africa gives her insight as a commentator. This is a book which will have a broad appeal to general readers as well as to students of South Asian and colonial history, migration studies and sociology.
Banking on Global Markets uses the story of the US business and political dealings of Germany's largest bank to illuminate developments in the ongoing globalization of major financial institutions. Throughout its nearly 140-year-long history, Deutsche Bank served as one of Germany's principal vehicles for forging links with the rest of the world, and the US market probably remained Deutsche Bank's highest foreign priority and its most frustrating challenge. Banking on Global Markets traces Deutsche Bank's involvement with the United States in the context of a changing national and international regulatory and economic environment. It is the story of how international cooperation furthered and conflict hindered those endeavours, and how international banking evolved from a very personalized business between nations to one dominated by enormous transnational markets. Christopher Kobrak weaves together how these financial, political, and institutional developments have helped shape the em
Banking on Global Markets uses the story of the US business and political dealings of Germany's largest bank to illuminate developments in the ongoing globalization of major financial institutions. Throughout its nearly 140-year-long history, Deutsche Bank served as one of Germany's principal vehicles for forging links with the rest of the world, and the US market probably remained Deutsche Bank's highest foreign priority and its most frustrating challenge. Banking on Global Markets traces Deutsche Bank's involvement with the United States in the context of a changing national and international regulatory and economic environment. It is the story of how international cooperation furthered and conflict hindered those endeavours, and how international banking evolved from a very personalized business between nations to one dominated by enormous transnational markets. Christopher Kobrak weaves together how these financial, political, and institutional developments have helped shape the em
The rise of populism across Europe and the US – first in the wake of the 2008 global financial crisis and then in the shape of Donald Trump’s presidential campaign and the Brexit vote in 2016 – are in
This book examines the most important themes in European social and economic history from the beginning of growth around the year 1000 to the first wave of global exchange in the 1490s. These five hundred years witnessed the rise of economic systems, and the social theories that would have a profound influence on the rest of the world over the next five centuries. Surveying the full extent of Europe, from east to west and north to south, Steven Epstein illuminates family life, economic and social thought, war, technologies, and other major themes while giving equal attention to developments in trade, crafts, and agriculture. The great waves of famine and then plague in the fourteenth century provide the centerpiece of a book that seeks to explain the causes of Europe's uneven prosperity and its response to catastrophic levels of death.
This book examines the most important themes in European social and economic history from the beginning of growth around the year 1000 to the first wave of global exchange in the 1490s. These five hundred years witnessed the rise of economic systems, and the social theories that would have a profound influence on the rest of the world over the next five centuries. Surveying the full extent of Europe, from east to west and north to south, Steven Epstein illuminates family life, economic and social thought, war, technologies, and other major themes while giving equal attention to developments in trade, crafts, and agriculture. The great waves of famine and then plague in the fourteenth century provide the centerpiece of a book that seeks to explain the causes of Europe's uneven prosperity and its response to catastrophic levels of death.
Economic and cultural historians explore productivity trends in various shipping regimes mostly in early modern and modern Europe, and sources of productivity growth. Among the topics are evidence fro
This book combines intellectual history with contemporary events to offer a critique of mainstream economic thought and its neoliberal policy incarnation in global capitalism. The critique operates bo
World War I and its aftermath witnessed a global revolution. This was reflected in the revolutionary war aims of most of the belligerents, the technological revolution that made the war so deadly, the revolutionary sentiment that grew among ordinary combatants, and the revolutionary pressures that led to the collapse of the Romanov, Habsburg, and Ottoman empires. In this revised edition of World War One, Lawrence Sondhaus synthesizes the latest scholarship on the war and incorporates insights from the vast body of work published during the war's centenary. He charts the political, economic, social and cultural history of the war at home and on the frontlines as well as the war's origins, ending and transformative effects on societal norms and attitudes, gender and labor relations, and international trade and finance. The accessible narrative is supported by chronologies, personal accounts, guides to key controversies and debates, and numerous maps and photographs.
World War I and its aftermath witnessed a global revolution. This was reflected in the revolutionary war aims of most of the belligerents, the technological revolution that made the war so deadly, the revolutionary sentiment that grew among ordinary combatants, and the revolutionary pressures that led to the collapse of the Romanov, Habsburg, and Ottoman empires. In this revised edition of World War One, Lawrence Sondhaus synthesizes the latest scholarship on the war and incorporates insights from the vast body of work published during the war's centenary. He charts the political, economic, social and cultural history of the war at home and on the frontlines as well as the war's origins, ending and transformative effects on societal norms and attitudes, gender and labor relations, and international trade and finance. The accessible narrative is supported by chronologies, personal accounts, guides to key controversies and debates, and numerous maps and photographs.
An insightful exploration of the global growth of Chinese brands that presents a unique Chinese perspective on history and culture in branding. China's growing economic power is an established fact, b
Sea Rovers, Silver, and Samurai traces the roots of modern global East Asia by focusing on the fascinating history of its seaways. The East Asian maritime realm, from the Straits of Malacca to the Sea of Japan, has been a core region of international trade for millennia, but during the long seventeenth century (1550 to 1700), the velocity and scale of commerce increased dramatically. Chinese, Japanese, and Vietnamese smugglers and pirates forged autonomous networks and maritime polities; they competed and cooperated with one another and with powerful political and economic units, such as the Manchu Qing, Tokugawa Japan, the Portuguese and Spanish crowns, and the Dutch East India Company.Maritime East Asia was a contested and contradictory place, subject to multiple legal, political, and religious jurisdictions, and a dizzying diversity of cultures and ethnicities, with dozens of major languages and countless dialects. Informal networks based on kinship ties or patron-client relations c
In The Corporation as a Protagonist in Global History, William A. Pettigrew and David Veevers reinterpret the role of Europe’s overseas corporations in early modern global history, uncovering their un
