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Upward Spiral
''The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000'', by Paul Kennedy, first published in 1987, explores the politics and economics of the Great Powers from 1500 to 1980 and the reason for their decline. It then continues by forecasting the positions of China, Japan, the European Community, European Economic Community (EEC), the Soviet Union and the United States through the end of the 20th century. Summary Kennedy argues that the strength of a Great Power can be properly measured only relative to other powers, and he provides a straightforward thesis: Great Power ascendancy (over the long term or in specific conflicts) correlates strongly to available resources and economic durability; Imperial overstretch, military overstretch and a concomitant relative decline are the consistent threats facing powers whose ambitions and security requirements are greater than their resource base can provide for. Throughout the book he reiterates h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Kennedy
Paul Michael Kennedy (born 17 June 1945) is a British historian specialising in the history of international relations, economic power and grand strategy. He is on the editorial board of numerous scholarly journals and writes for ''The New York Times'', ''The Atlantic'', and many foreign-language newspapers and magazines. His monthly column on current global issues is distributed worldwide by the Tribune Content Agency. He has published on the history of British foreign policy and great power struggles, emphasizing the changing economic power base that undergirds military and naval strength, noting how declining economic power leads to reduced military and diplomatic weight. Life Kennedy was born in Wallsend, Northumberland, and attended St. Cuthbert's Grammar School in Newcastle upon Tyne. Subsequently, he graduated with first-class honours in history from Newcastle University and obtained his doctorate from St Antony's College, Oxford, under the supervision of A.&nb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Middle Power
A middle power is a state that is not a superpower or a great power, but still exerts influence and plays a significant role in international relations. These countries often possess certain capabilities, such as strong economies, advanced technologies, and diplomatic influence, that allow them to have a voice in global affairs. Middle powers are typically seen as bridge-builders between larger powers, using their diplomatic skills to mediate conflicts and promote cooperation on international issues. Middle powers play a crucial role in the international system by promoting multilateralism, cooperation, and peaceful resolution of conflicts. They are able to leverage their resources and diplomatic skills to advance their national interests while also contributing to global stability and prosperity. As such, middle powers are an important and often overlooked factor in the complex web of international relations. The concept of the "middle power" dates back to the origins of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Index (economics)
In economics, statistics, and finance, an index is a number that measures how a group of related data points—like prices, company performance, productivity, or employment—changes over time to track different aspects of economic health from various sources. Consumer-focused indices include the Consumer Price Index (CPI), which shows how retail prices for goods and services shift in a fixed area, aiding adjustments to salaries, Bond (finance), bond interest rates, and tax thresholds for inflation. The cost-of-living index (COLI) compares living expenses over time or across places.Turvey, Ralph. (2004) Consumer Price Index Manual: Theory And Practice.' Page 11. Publisher: International Labour Organization. . ''The Economist''’s Big Mac Index uses a Big Mac’s cost to explore currency values and purchasing power. Market performance indices track trends like company value or employment. Stock market index, Stock market indices include the Dow Jones Industrial Average and S&P 500, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrialization
Industrialisation (British English, UK) American and British English spelling differences, or industrialization (American English, US) is the period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive reorganisation of an economy for the purpose of manufacturing. Industrialisation is associated with increase of Pollution, polluting industries heavily dependent on fossil fuels. With the increasing focus on sustainable development and green industrial policy practices, industrialisation increasingly includes Leapfrogging, technological leapfrogging, with direct investment in more advanced, cleaner technologies. The reorganisation of the economy has many unintended consequences both economically and socially. As industrial workers' incomes rise, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth. Moreo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Bairoch
Paul Bairoch (24 July 1930 in Antwerp – 12 February 1999 in Geneva) was a (in 1985 naturalised) Swiss economic historian of Belgian descent who specialized in urban history and historical demography. He published or co-authored more than two dozen books and 120 scholarly articles. His most important works emphasize the agricultural preconditions necessary for industrialization and controversially claim, contrary to most scholars that colonization was not beneficial to colonial empires. He argued that tariffs and growth were positively correlated in the 19th century. Academic career Bairoch gained a bachelor's degree by correspondence, intending to become an engineer but he turned to studying economic history in 1956 at the parisian Ecole Pratique des Hautes Etudes. He obtained his doctorate in 1963 at the Free University of Brussels where he worked from 1965 to 1995. He was economic adviser to the General Agreement on Tariffs and Trade (GATT) at Geneva from 1967 to 1969, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Napoleonic Wars
{{Infobox military conflict , conflict = Napoleonic Wars , partof = the French Revolutionary and Napoleonic Wars , image = Napoleonic Wars (revision).jpg , caption = Left to right, top to bottom:Battles of Battle of Austerlitz, Austerlitz, Fall of Berlin (1806), Berlin, Battle of Friedland, Friedland, Battle of Aspern-Essling, Aspern-Essling, French occupation of Moscow, Moscow, Battle of Leipzig, Leipzig and Battle of Paris (1814), Paris , date = {{start and end dates, 1803, 5, 18, 1815, 11, 20, df=yes({{Age in years, months, weeks and days, month1=05, day1=18, year1=1803, month2=11, day2=20, year2=1815) , place = Atlantic Ocean, Caucasus, Europe, French Guiana, Mediterranean Sea, North Sea, West Indies, Ottoman Egypt, Egypt, East Indies. , result = Coalition victory , combatant1 = Coalition forces of the Napoleonic Wars, Coalition forces:{{flagcountry, United Kingdom of Great Britain and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austria-Hungary
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe#Before World War I, Central Europe between 1867 and 1918. A military and diplomatic alliance, it consisted of two sovereign states with a single monarch who was titled both the Emperor of Austria and the King of Hungary. Austria-Hungary constituted the last phase in the constitutional evolution of the Habsburg monarchy: it was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War, following wars of independence by Hungary in opposition to Habsburg rule. It was dissolved shortly after Dissolution of Austria-Hungary#Dissolution, Hungary terminated the union with Austria in 1918 at the end of World War 1. One of Europe's major powers, Austria-Hungary was geographically the second-largest country in Europe (after Russian Empire, Russia) and the third-most populous (afte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prussia
Prussia (; ; Old Prussian: ''Prūsija'') was a Germans, German state centred on the North European Plain that originated from the 1525 secularization of the Prussia (region), Prussian part of the State of the Teutonic Order. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, History of Berlin, Berlin, decisively shaped the history of Germany. Prussia formed the German Empire when it united the German states in 1871. It was ''de facto'' dissolved by 1932 Prussian coup d'état, an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by Abolition of Prussia, an Allied decree in 1947. The name ''Prussia'' derives from the Old Prussians who were conquered by the Teutonic Knightsan organized Catholic medieval Military order (religious society), military order of Pru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early Modern France
The Kingdom of France in the early modern period, from the French Renaissance, Renaissance () to the French Revolution, Revolution (1789–1804), was a monarchy ruled by the House of Bourbon (a Capetian dynasty, Capetian cadet branch). This corresponds to the so-called ''Ancien Régime'' ("old rule"). The territory of France during this period territorial evolution of France, increased until it included essentially the extent of the France, modern country, and it also included the territories of the French colonization of the Americas, first French colonial empire overseas. The period is dominated by the figure of the "Sun King", Louis XIV (his reign of 1643–1715 being one of the List of longest-reigning monarchs, longest in history), who managed to eliminate the remnants of medieval France, medieval feudalism and established a centralized government, centralized state under an absolute monarchy, absolute monarch, a system that would endure until the French Revolution and First ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early Modern Britain
Early modern Britain is the history of the island of Great Britain roughly corresponding to the 16th, 17th and 18th centuries. Major historical events in early modern British history include numerous wars, especially with France, along with the English Renaissance, the English Reformation and Scottish Reformation, the English Civil War, the Restoration of Charles II, the Glorious Revolution, the Treaty of Union, the Scottish Enlightenment and the formation and the collapse of the First British Empire. England during the Tudor period (1485–1603) English Renaissance The term, " English Renaissance" is used by many historians to refer to a cultural movement in England in the 16th and 17th centuries that was heavily influenced by the Italian Renaissance. This movement is characterised by the flowering of English music (particularly the English adoption and development of the madrigal), notable achievements in drama (by William Shakespeare, Christopher Marlowe, and Ben J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Of Power In International Relations
The balance of power theory in international relations suggests that states may secure their survival by preventing any one state from gaining enough military power to dominate all others. If one state becomes much stronger, the theory predicts it will take advantage of its weaker neighbors, thereby driving them to unite in a defensive coalition. Some realists maintain that a balance-of-power system is more stable than one with a dominant state, as aggression is unprofitable when there is equilibrium of power between rival coalitions. When threatened, states may seek safety either by ''balancing'', allying with others against the prevailing threat; or '' bandwagoning'', aligning themselves with the threatening power. Other alliance tactics include ''buck passing'' and ''chain-ganging''. Realists have long debated how the polarity of a system impacts the choice of tactics; however, it is generally agreed that in bipolar systems, each great power has no choice but to direct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
