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 which have impacted and brought disruption to the global economy.

Beginning with the industrial revolution, the book charts the long nineteenth century, the impact of colonialism, the fast pace of technology growth and the impact of global wars. Significant additions to the sixth edition include coverage of the aftermath of the Great Recession, the growing impact of China and the New Silk Route and the economic consequences of Covid-19 pandemic. The geopolitical and economic reasons for the war in Ukraine, and its consequences, are also considered. References and recommendations for further reading are included at the end of each chapter to encourage additional study, and a selection of appendices are incorporated into the book, outlining the economic concepts and theories underlying the text.

This new edition of Growth of the International Economy provides the reader with a clear understanding of the factors which have been instrumental in creating the economic environment we face two hundred years after the industrial revolution.