This text is widely acknowledged to be the best available introduction to the study of the international economy as a mechanism for diffusing modern economic growth between nations. Updating the story to the present day, this edition covers the latest developments in international economics. Significant new additions include:
* globalization and the world economy * the growth of regional trading blocs * globalization and financial crisis in Asia * transition to the market in post-communist economies
Packed with new references and data, The Growth of the International Economy is an indispensable guide to the world economy as it enters the new millennium.
A useful text book that looks over economic history from 1820 to 2000. Covering a large period of time, the book analyses changes of the economy over time and gives reasons as to why the economy happened a certain way. The book also is light on the economic equations so it is easy for someone without an economics background to read.