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Andre Gunder Frank asks us to re-orient our views away from Eurocentrism - to see the rise of the West as a mere blip in what was, and is again becoming, an Asia-centered world. In a bold challenge to received historiography and social theory he turns on its head the world according to Marx, Weber, and other theorists, including Polanyi, Rostow, Braudel, and Wallerstein. Frank explains the Rise of the West in world economic and demographic terms that relate it in a single historical sweep to the decline of the East around 1800. European states, he says, used the silver extracted from the American colonies to buy entry into an expanding Asian market that already flourished in the global economy. Resorting to import substitution and export promotion in the world market, they became Newly Industrializing Economies and tipped the global economic balance to the West. That is precisely what East Asia is doing today, Frank points out, to recover its traditional dominance. As a result, the 'center' of the world economy is once again moving to the 'Middle Kingdom' of China.Anyone interested in Asia, in world systems and world economic and social history, in international relations, and in comparative area studies, will have to take into account Frank's exciting reassessment of our global economic past and future.
Andre Gunder Frank, of the University of Toronto, has published more than thirty books. Most recently he coedited, with Barry Gills, World System: Five Hundred Years or Five Thousand? (1996).
PREFACEIIntroduction to Real World History vs. Eurocentric Social TheoryHolistic Methodology and ObjectivesGlobalism, not EurocentrismSmith, Marx, and WeberContemporary Eurocentrism and Its CriticsEconomic HistoriansLimitations of Recent Social TheoryOutline of a Global Economic PerspectiveAnticipating and Confronting Resistance and Obstacles2The Global Trade Carousel 1400-1800An Introduction to the World EconomyThirteenth- and Fourteenth-Century AntecedentsThe Columbian Exchange and Its ConsequencesSome Neglected Features in the World EconomyWorld Division of Labor and Balances ofTradeMapping the Global EconomyThe AmericasMricaEuropeWestAsiaThe OttomansSafavid PersiaIndia and the Indian OceanNorth IndiaGujarat and MalabarCoromandelBengalSoutheast AsiaArchipellago and IslandsMainlandJapanChinaPopulation, Production, and TradeChina in the World EconomyCentral AsiaRussia and the BalticsSummary of a Sinocentric World Economy3Money Went Around the World and Made the World Go RoundWorld Money: Its Production and ExchangeMicro- and Macro-Attractions in the Global CasinoDealing and Playing in the Global CasinoThe Numbers GameSilverGoldCreditHow Did the Winners Use Their Money?The Hoarding ThesisInflation or Production in the Quantity Theory of MoneyMoney Expanded the Frontiers of Settlement and ProductionIn IndiaIn ChinaElsewhere in Asia4The Global Economy: Comparisons and RelationsQuantities: Population, Production, Productivity, Income, and TradePopulation, Production, and IncomeProductivity and CompetitivenessWorld Trade 1400-1800Qualities: Science and TechnologyEurocentrism Regarding Science and Technology in AsiaGunsShipsPrintingTextilesMetallurgy, Coal, and PowerTransportWorld Technological DevelopmentMechanisms: Economic and Financial InstitutionsComparing and Relating Asian and European InstitutionsGlobal Institutional RelationsIn IndiaIn China5Horizontally Integrative MacrohistorySimultaneity Is No CoincidenceDoing Horizontally Integrative MacrohistoryDemographic; Structural AnalysisA "Seventeenth-Century Crisis"?The 1640 Silver CrisesKondratieff AnalysisThe 1762-1790 Kondratieff"B" Phase: Crisis and RecessionsA More Horizontally Integrative Macrohistory?6Why Did the West Win (Temporarily)?Is There a Long-Cycle Roller Coaster?The Decline of the East Preceded the Rise of the WestThe Decline in IndiaThe Decline Elsewhere in AsiaHow Did the West Rise?Climbing Up on Asian ShouldersSupply and Demand for Technological ChangeSupplies and Sources of CapitalA Global Economic Demographic ExplanationA Demographic Economic ModelA High-Level Equilibrium Trap?The Evidence: 1500-1750The 1750 InflectionChallenging and Reformulating the ExplanationThe Resulting Transformations in India, China, Europe, and the WorldIn Indialn ChinaIn Western EuropeThe Rest of the WorldPast Conclusions and Future Implications7Historiographic Conclusions and Theoretical ImplicationsHistoriographic Conclusions: The EurocentricEmperor Has No ClothesThe Asiatic Mode of ProductionEuropean ExceptionalismA European World-System or a Global Economy?1500: Continuity or Break?Capitalism?Hegemony?The Rise of the West and the Industrial RevolutionEmpty Categories and Procrustean BedsTheoretical Implications: Through the Global Looking GlassHolism vs. PartialismCommonality/Similarity vs. Specificity/Differences 3Continuity vs. DiscontinuitiesHoriwntal Integration vs. Vertical SeparationCycles vs. LinearityAgency vs. StructureEurope in the World Economic NutshellJihad vs. McWorld in the Anarchy of the Clash of Civilizations?REFERENCESINDEX
"A stimulating and thoughtful book that should be read by all serious students of the modern world system."