Growth of the International Economy, 1820–2025

Growth of the International Economy has been the benchmark introduction to the development of the global economy for decades. Updating the story to the present day, the new edition of this classic textbook includes coverage of key events from 2008 onwards that have influenced and disrupted the global economy. Beginning with the Industrial Revolution, this book charts the long nineteenth century, the effects of colonialism, the fast pace of technological growth and the impact of global wars. Significant additions to the sixth edition include coverage of the aftermath of the Great Recession, the growing influence of China and the New Silk Route and the economic consequences of the COVID-19 pandemic. The geopolitical and economic reasons for the war in Ukraine and its ramifications are also considered. References and recommended reading are included at the end of each chapter to encourage further study as well as a selection of appendices outlining the economic concepts and theories underpinning the text. This new edition, Growth of the International Economy, 1820–2025, provides the reader with a clear understanding of the factors that have been instrumental in shaping the economic environment we face 200 years after the Industrial Revolution.