Global Markets Transformed (Paperback)

Allen Wells

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Language: English

Published by Harvard University Press, Cambridge, Mass., 2014

0674281349 / 9780674281349

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Paperback. Offering a fresh look at trade during the second industrial revolution, Global Markets Transformed describes a world of commodities on the move-wheat and rice, coffee and tobacco, oil and rubber, all jostling around the planet through a matrix of producers, processors, transporters, and buyers. Steven C. Topik and Allen Wells discuss how innovations in industrial and agricultural production, transportation, commerce, and finance transformed the world economy from 1870 to 1945. Topik and Wells trace the evolution of global chains of commodities, from basic food staples and stimulants to strategically important industrial materials, that linked the agricultural and mineral-producing areas of Latin America, Asia, and Africa to European and North American consumers and industrialists. People living a great distance apart became economically intertwined as never before. Yet laborers and consumers at opposite ends of commodity chains remained largely invisible to one another. Affluent American automobile owners who were creating the skyrocketing demand for tires, for example, knew almost nothing about poor Brazilian tappers who sweated in the Amazon to supply the rubber necessary for their vehicles. As commodity chains stretched out around the world, more goods were bound up in markets that benefited some countries more than others. Global Markets Transformed highlights the lessons and legacy of the early years of globalization-when the world's population doubled, trade quadrupled, industrial output multiplied fivefold, and the gap between rich and poor regions grew ever wider. Offering a fresh look at trade during the second industrial revolution, Global Markets Transformed describes a world of commodities on the movewheat and rice, coffee and tobacco, oil and rubber, all traveling around the planet through commodity chains of producers, processors, transporters, and buyers, often invisible to one another. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. …

Seller Inventory # 9780674281349

Title
Global Markets Transformed (Paperback)
Author
Allen Wells
Publisher
Harvard University Press, Cambridge, Mass.
Publication year
2014
Condition
new
Binding
Paperback
Language
English
ISBN 10
0674281349
ISBN 13
9780674281349

CitiRetail

Stevenage, United Kingdom

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AbeBooks seller since June 29, 2022

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