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It is by now a trite commonplace that we live in an increasingly integrated global economy, in which the barriers to the free movement of goods and capital, though not labor, are rapidly disappearing as a result of both policy reforms and the progress of technology in transport and...
Persistent link: https://www.econbiz.de/10009472203
This paper presents a historical perspective on the emergence of the world economy from 1000-1750 A.D., in the spirit of F. Mauro's (1961) "intercontinental model." Mauro envisaged a generalized inter-regional input-output table, with five continents as the regions. World economic history could...
Persistent link: https://www.econbiz.de/10009472212