Description
The Cambridge Economic History of the Modern World: Volume 2 provides an authoritative examination of global economic change from 1870 onwards. This scholarly work explores the major transformations that reshaped economies across continents, including the Second Industrial Revolution, the rise of mass production, and the integration of world markets.
Through detailed analysis and comparative perspectives, Fukao and Broadberry examine how different regions experienced economic growth, technological advancement, and structural change. The volume addresses key topics such as labor productivity, capital accumulation, institutional development, and the impact of major historical events including world wars and economic crises on global prosperity.
Essential for historians, economists, and students of economic development, this work synthesizes decades of research into an accessible yet rigorous narrative of how the modern world economy emerged and evolved.
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