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Network Origins of the Global Economy "East vs. West in a Complex Systems Perspective"

Network Origins of the Global Economy "East vs. West in a Complex Systems Perspective"

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  • ISBN:9781108488990
  • Editorial: Cambridge University Press
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:334
  • Idiomas:Ingles

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The upheavals of recent decades show us that traditional models of understanding processes of social and economic change are failing to capture real-world risk and volatility. This has resulted in flawed policy that seeks to capture change in terms of the rise or decline of regimes or regions. In order to comprehend current events, understand future risks and decide how to prepare for them, we need to consider economies and social orders as open, complex networks. This highly original work uses the tools of network analysis to understand great transitions in history, particularly those concerning economic development and globalisation. Hilton L. Root shifts attention away from particular agents - whether individuals, groups, nations or policy interventions - and toward their dynamic interactions. Applying insights from complexity science to often overlooked variables across European and Chinese history, he explores the implications of China's unique trajectory and ascendency, as a competitor and counterexample to the West.

Demonstrates how to apply complexity theory to history and the social sciences
Draws out patterns from economic history that can help us understand the risks arising from transitions in current global political economy
Uses case studies from European and Chinese history

Preface Brian Arthur
Part I. Political Economy and Complex Systems:
1. Great transitions in economic history
2. Growth, form, and self-organization in the economy
3. Human evolutionary behavior and political economy
Part II. An Analysis of Historical Regimes:
4. Network assemblage of regime stability and resilience
5. Network formation and the emergence of law: from feudalism to small-world connectivity (with Cameron Harwick)
6. The network foundations of the Great Divergence (with Qing Tian)
Part III. The Coming Instability:
7. Has the baton passed to China? (with Liu Baocheng)
8. China's ambitions and the future of the global economy (with Liu Baocheng)
9. Global networks over time (with Kevin Comer, Jack Goldstone, and David Masad)
10. A future of diminishing returns or massive transformation?
11. Network structure and economic change: East vs. West.

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