week5.2 - Please Note NEW YORK TIMES, Monday, Oct. 29th...

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Please Note NEW YORK TIMES, Monday, Oct. 29th Chandra Muzaffar, Noordin Sopiee Professor of Global Studies at the Science University of Malaysia and President of International Movement for a Just World Monday, October 29 Social Justice and Islam in Southeast Asia 3:30-5:00pm (with reception immediately to follow) Simpson Center Conference Room (Comm 202) Tuesday, October 30 Walker-Ames Lecutre Religion and Politics in Post 9-11 Southeast Asia 6:30pm Kane Hall, Room 110 Andreas van Agt, Prime Counsellor of Amsterdam Intl Forum for Justice and peace, former PM of Netherlands and Ambassador of EU to Japan and US, “How Others See US: Perspectives from Europe and Asia,” Walker Ames Room, Kane, 7-8.30, Tuesday, Oct. 30, 2007
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Lecture 12: The Wealth and Poverty of Nations
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DIVERGENCE/PARITY Why did sustained industrial growth begin in NW Europe, despite similarities between advanced areas of Europe and Asia? Was there economic parity between the most advanced regions and until when? 1750? 1800? Earlier? Timing: when did divergence begin? Or were there always significant long-term advantages enjoyed by Europe in technology, science, agriculture and living standards Evidence for determining parity through 18 th century: firm data on net GNPs per capita (not available); use of circumstantial evidence based on life expectancy
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The Stakes: A Few Statistics Source: Angus Maddison, The World Economy: A Millennial Perspective Over past millennium, world pop rose 22 –fold; Per capita income increased 13 – fold, world GDP nearly 300 –fold. Preceding millennium, world pop grew by only a sixth, and there was no advance in per capita income. From 1000 to 1820 advance in per capita income a slow crawl — world ave. rose about 50 per cent. Most growth went to accommodate fourfold increase in pop. Since 1820, world development much more dynamic. Per capita income rose more than eightfold, pop more than fivefold. Per capita income growth not only indicator of welfare. Over long run, dramatic increase in life expectation. In 1000, ave. infant could expect to live about 24 years. A third would die in first year of life, hunger and epidemic disease would ravage survivors. Almost imperceptible rise up to 1820, mainly in W. Europe. Most improvement since then. Now ave. infant can expect to survive 66 years. Growth process uneven in space and time. Rise in life expectation and income
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week5.2 - Please Note NEW YORK TIMES, Monday, Oct. 29th...

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