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.
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Hilton L. Root teaches international economics and political economy at George Mason University, Virginia in the Schar School of Public Policy and Government. His academic career has included positions at the University of International Business and Economics (Beijing), King's College London, the California Institute of Technology, University of Pennsylvania and Stanford University, California. He advises the US Department of the Treasury, the Asian Development Bank, and the United Nations Development Programme (UNDP), and has authored more than 200 publications, including ten books.
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Hardcover. Condition: new. Hardcover. 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. Applying network theory to economic history, this work reinterprets five historical transitions: the rise of dynastic lordships in China and Europe; the law's formation; industrialisation and the Great Divergence; China's ascendancy; and globalisation's hyper-connectivity. Root reveals the hidden patterns of regime variation, transition and decay. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781108488990
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