ReOrient: Global Economy in the Asian Age

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ID: 296947
1999
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Ranked #8 of 143 articles by views in The American Historical Review

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Abstract
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.
Reference Key
openalex_W2150092164 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors S. A. M. Adshead, André Gunder Frank
Journal The American Historical Review
Year 1999
DOI
10.2307/2649595
URL
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