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• W2028762057 abstract "SUMMARY Contrary to the claims of Pomeranz, Parthasarathi, and other ‘world historians’, the prosperous parts of Asia between 1500 and 1800 look similar to the stagnating southern, central, and eastern parts of Europe rather than the developing north‐western parts. In the advanced parts of India and China, grain wages were comparable to those in north‐western Europe, but silver wages, which conferred purchasing power over tradable goods and services, were substantially lower. The high silver wages of north‐western Europe were not simply a monetary phenomenon, but reflected high productivity in the tradable sector. The ‘great divergence’ between Europe and Asia was already well underway before 1800." @default.
• W2028762057 created "2016-06-24" @default.
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• W2028762057 date "2005-11-16" @default.
• W2028762057 modified "2023-10-09" @default.
• W2028762057 title "The early modern great divergence: wages, prices and economic development in Europe and Asia, 1500–1800¹" @default.
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• W2028762057 doi "https://doi.org/10.1111/j.1468-0289.2005.00331.x" @default.
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