Globalization in history: a geographical perspective

Crafts, Nicholas and Venables, Tony (2002) Globalization in history: a geographical perspective. CEPDP (524). London School of Economics and Political Science. Centre for Economic Performance, London, UK. ISBN 0753019175

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Abstract

This paper argues that a geographical perspectie is fundamental to understanding comparative economic development in the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and location matter. The tools of the new economic geography are used to illuminate important epidsodes when the relative position of major eeconmies radically changed; the rise of the United States at the beginning and of East Asia at the end of the twentieth century. It is suggested that while lack of high quality institutions has been a major reason for falling behind geographic disadvantage also merits attention.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk
Additional Information:	© 2002 the authors
Divisions:	Centre for Economic Performance
Subjects:	H Social Sciences > HC Economic History and Conditions
JEL classification:	F - International Economics > F1 - Trade N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations N - Economic History > N7 - Transport, International and Domestic Trade, Energy, Technology, and Other Services
Date Deposited:	27 Apr 2007
Last Modified:	15 Sep 2023 22:51
URI:	http://eprints.lse.ac.uk/id/eprint/2135

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