Andre Gunder Frank asks us to re-orient our views
away from Eurocentrism - to see the rise of the West as
a mere blip in what was, and is again becoming, an
Asia-centered world. In a bold challenge to received
historiography and social theory he turns on its head
the world according to Marx, Weber, and other theorists,
including Polanyi, Rostow, Braudel, and Wallerstein.
Frank explains the Rise of the West in world economic
and demographic terms that relate it in a single
historical sweep to the decline of the East around 1800.
European states, he says, used the silver extracted from
the American colonies to buy entry into an expanding
Asian market that already flourished in the global
economy. Resorting to import substitution and export
promotion in the world market, they became Newly
Industrializing Economies and tipped the global economic
balance to the West. That is precisely what East Asia is
doing today, Frank points out, to recover its
traditional dominance. As a result, the 'center' of the
world economy is once again moving to the 'Middle
Kingdom' of China. Anyone interested in Asia, in world
systems and world economic and social history, in
international relations, and in comparative area
studies, will have to take into account Frank's exciting
reassessment of our global economic past and
future.
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