In this award-winning study, Abu-Lughod argues that the modern world economy had its roots not in the sixteenth century, as is widely supposed, but in the thirteenth century economy--a system far different from the European world system which emerged from it. Using the city as the working unit of analysis, the author provides a new paradigm for understanding the evolution of world economies by tracing the rise of a system that, at its peak in the opening decades of the 14th century, involved a vast region stretching between ...
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In this award-winning study, Abu-Lughod argues that the modern world economy had its roots not in the sixteenth century, as is widely supposed, but in the thirteenth century economy--a system far different from the European world system which emerged from it. Using the city as the working unit of analysis, the author provides a new paradigm for understanding the evolution of world economies by tracing the rise of a system that, at its peak in the opening decades of the 14th century, involved a vast region stretching between northwest Europe and China. Abu-Lughod also explores the reasons for the eventual decay of this system and the rise of European hegemony.
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