, Europe, and Oceania for the period from 1870 to 2000 and demonstrate an overriding role for declining trade costs in the pre-World … War I trade boom. In contrast, for the post-World War II trade boom we identify changes in output as the dominant force …

"A revelatory global history shows how cheap American grain toppled the world's largest empires To understand the rise … Grain, historian Scott Reynolds Nelson reveals how the struggle to dominate these routes transformed the balance of world … empire. It was a crucial factor in the outbreak of the First World War and the Russian Revolution. A powerful new …

or malignant effects differed by region; but the world economy as we now know it originated in these changes in the early …

, Europe, and Oceania for the period from 1870 to 2000 and demonstrate an overriding role for declining trade costs in the pre-World … War I trade boom. In contrast, for the post-World War II trade boom we identify changes in output as the dominant force …