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Globalization in History: A Geographical Perspective

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  • Crafts, Nicholas
  • Venables, Anthony J

Abstract

This Paper argues that a geographical perspective is fundamental to understanding comparative economic development in the context of globalization. Central to this view is the role of agglomeration in productivity performance; size and location matter. The tools of the new economic geography are used to illuminate important episodes when the relative position of major economies radically changed: the rise of the United States at the beginning and of East Asia at the end of the 20th century. It is suggested that while lack of high quality institutions has been a major reason for falling behind geographic disadvantages also merit attention.

Suggested Citation

  • Crafts, Nicholas & Venables, Anthony J, 2001. "Globalization in History: A Geographical Perspective," CEPR Discussion Papers 3079, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:3079
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    Cited by:

    1. Marc Flandreau & Christophe Galimard & Clemens Jobst & Pilar Nogués-Marco, 2009. "Monetary geography before the Industrial Revolution," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 2(2), pages 149-171.
    2. Raúl Serrano & Vicente Pinilla, 2006. "Causes of World Trade Growth in Agricultural and Food Products, 1951 - 2000," Documentos de Trabajo dt2006-07, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    3. Liu, Dan & Meissner, Christopher M., 2015. "Market potential and the rise of US productivity leadership," Journal of International Economics, Elsevier, vol. 96(1), pages 72-87.
    4. Bigsten, Arne, 2006. "Aid and Economic Development in Africa," Working Papers in Economics 237, University of Gothenburg, Department of Economics.
    5. Maarten Bosker & Harry Garretsen, 2006. "Geography Rules Too! Economic Development and the Geography of Institutions," CESifo Working Paper Series 1769, CESifo Group Munich.
    6. Sanjaya Lall, "undated". "The Employment Impact Of Globalisation In Developing Countries," QEH Working Papers qehwps93, Queen Elizabeth House, University of Oxford.
    7. Ayele Gelan, 2007. "Trade Policy and Urban-Rural Inequalities In LDCS: A Simulation Experiment With A New Economic Geography Model," Working Papers id:1068, eSocialSciences.
    8. Guillaume Daudin, 2003. "Tous unis contre le protectionnisme des pays du Nord ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 84(1), pages 95-130.
    9. Leonardo Monasterio, 2010. "Brazilian spatial dynamics in the long term (1872–2000): “path dependency” or “reversal of fortune”?," Journal of Geographical Systems, Springer, vol. 12(1), pages 51-67, March.
    10. Broadberry, Stephen & Ghosal, Sayantan & Proto, Eugenio, 2017. "Anonymity, efficiency wages and technological progress," Journal of Development Economics, Elsevier, vol. 127(C), pages 379-394.
    11. Kelejian, Harry H. & Murrell, Peter & Shepotylo, Oleksandr, 2013. "Spatial spillovers in the development of institutions," Journal of Development Economics, Elsevier, vol. 101(C), pages 297-315.
    12. Robert C. Allen, 2005. "Capital Accumulation, Technological Change, and the Distribution of Income during the British Industrial Revolution," Economics Series Working Papers 239, University of Oxford, Department of Economics.
    13. Brennan, Andrew John & Kalsi, Jaslin Kaur, 2015. "Elephant poaching & ivory trafficking problems in Sub-Saharan Africa: An application of O'Hara's principles of political economy," Ecological Economics, Elsevier, vol. 120(C), pages 312-337.
    14. Lundström, Susanna, 2003. "Effects of Economic Freedom on Growth and the Environment - Implications for Cross-Country Analysis," Working Papers in Economics 115, University of Gothenburg, Department of Economics.
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    16. repec:got:cegedp:31 is not listed on IDEAS
    17. Crafts, Nicholas, 2004. "Productivity Growth in the Industrial Revolution: A New Growth Accounting Perspective," The Journal of Economic History, Cambridge University Press, vol. 64(02), pages 521-535, June.
    18. Robert Allen & Robert C. Allen, 2007. "Engel`s Pause: A Pessimist`s Guide to the British Industrial Revolution," Economics Series Working Papers 315, University of Oxford, Department of Economics.
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    20. Orlando Gomes, 2004. "Location Dynamics and Knowledge Agglomeration," Urban/Regional 0409012, EconWPA.
    21. Crafts, Nicholas & O’Rourke, Kevin Hjortshøj, 2014. "Twentieth Century Growth*This research has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546.," Handbook of Economic Growth,in: Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 263-346 Elsevier.
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    More about this item

    Keywords

    economic geography; economic history; globalization;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative

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