The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publisher: Crown Currency
Total Pages: 194
Release: 2017-01-03
Genre: Business & Economics
ISBN: 1524758876

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

The Industrial Revolution in World History

The Industrial Revolution in World History
Author: Peter N Stearns
Publisher: Hachette UK
Total Pages: 279
Release: 2012-08-07
Genre: History
ISBN: 0813347300

The industrial revolution was the single most important development in human history over the past three centuries, and it continues to shape the contemporary world. With new methods and organizations for producing goods, industrialization altered where people live, how they play, and even how they define political issues. By exploring the ways the industrial revolution reshaped world history, this book offers a unique look into the international factors that started the industrial revolution and its global spread and impact. In the fourth edition, noted historian Peter N. Stearns continues his global analysis of the industrial revolution with new discussions of industrialization outside of the West, including the study of India, the Middle East, and China. In addition, an expanded conclusion contains an examination of the changing contexts of industrialization. The Industrial Revolution in World History is essential for students of world history and economics, as well as for those seeking to know more about the global implications of what is arguably the defining socioeconomic event of modern times.

From Old Regime to Industrial State

From Old Regime to Industrial State
Author: Richard H. Tilly
Publisher: University of Chicago Press
Total Pages: 337
Release: 2020-10-26
Genre: Business & Economics
ISBN: 022672557X

In From Old Regime to Industrial State, Richard H. Tilly and Michael Kopsidis question established thinking about Germany’s industrialization. While some hold that Germany experienced a sudden breakthrough to industrialization, the authors instead consider a long view, incorporating market demand, agricultural advances, and regional variations in industrial innovativeness, customs, and governance. They begin their assessment earlier than previous studies to show how the 18th-century emergence of international trade and the accumulation of capital by merchants fed commercial expansion and innovation. This book provides the history behind the modern German economic juggernaut.

Labour-Intensive Industrialization in Global History

Labour-Intensive Industrialization in Global History
Author: Gareth Austin
Publisher: Routledge
Total Pages: 326
Release: 2013-09-13
Genre: Business & Economics
ISBN: 113507982X

The prevailing view of industrialization has focussed on technology, capital, entrepreneurship and the institutions that enabled them to be deployed. Labour was often equated with other factors of production, and assigned a relatively passive role. Yet it was labour absorption and the improvement of the quality of labour over the course of several centuries that underscored the timing, pace and quality of global industrialization. While science and technology developed in the West and whereas the use of fossil fuels, especially coal and oil, were vital to this process, the more recent history has been underpinned by the development of comparatively resource- and energy-saving technology, without which the diffusion of industrialization would not have been possible. The labour-intensive, resource-saving path, which emerged in East Asia under the influence of Western technology and institutions, and is diffusing across the world, suggests the most realistic route humans could take for a further diffusion of industrialization, which might respond to the rising expectations of living standards without catastrophic environmental degradation.

The British Industrial Revolution in Global Perspective

The British Industrial Revolution in Global Perspective
Author: Robert C. Allen
Publisher: Cambridge University Press
Total Pages: 13
Release: 2009-04-09
Genre: Business & Economics
ISBN: 0521868270

Why did the industrial revolution take place in 18th century Britain and not elsewhere in Europe or Asia? Robert Allen argues that the British industrial revolution was a successful response to the global economy of the 17th and 18th centuries.

Encyclopaedia Britannica

Encyclopaedia Britannica
Author: Hugh Chisholm
Publisher:
Total Pages: 1090
Release: 1910
Genre: Encyclopedias and dictionaries
ISBN:

This eleventh edition was developed during the encyclopaedia's transition from a British to an American publication. Some of its articles were written by the best-known scholars of the time and it is considered to be a landmark encyclopaedia for scholarship and literary style.

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization
Author: Yi Wen
Publisher: World Scientific
Total Pages: 336
Release: 2016-05-13
Genre: Business & Economics
ISBN: 9814733741

The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

World of Possibilities

World of Possibilities
Author: Charles F. Sabel
Publisher: Cambridge University Press
Total Pages: 526
Release: 2002-05-16
Genre: Business & Economics
ISBN: 9780521894432

This book retells the history of Western industrialization, revealing possibilities unexplored in the nineteenth century, variants of which have come to transform present day economies. It shows that economic actors have historically been more aware of the great strategic choices they faced than standard theory credits them with being, and this surprising acuity allows them to imagine and put into practice solutions which current theories of industrial organization have scarcely anticipated. The book is therefore at one and the same time a contribution to a substantive revision of the history of mechanized production and a propaedeutic in a form of explanation that approximates the knowledge of the actor to the knowledge of the theorist. The volume groups essays presented by a multinational team of historians and social scientists drawing on intensive primary research on a wide range of firms, regions, sectors and national economies in Western Europe and the United States from the eighteenth century to the 1990s.

The European Miracle

The European Miracle
Author: Eric Lionel Jones
Publisher: Cambridge University Press
Total Pages: 348
Release: 2003-08-04
Genre: Business & Economics
ISBN: 9780521527835

Why modern states and economies developed in Europe first, and later in India and China.

Industrialization in Sub-Saharan Africa

Industrialization in Sub-Saharan Africa
Author: Kaleb G. Abreha
Publisher: World Bank Publications
Total Pages: 266
Release: 2021-12-18
Genre: Business & Economics
ISBN: 1464817219

Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially ith more job creation. Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in technologies and restructuring of international trade.Concurrently, industrialization and structural transformation are integral to the African Union’s Agenda 2063 and the development strategies of several countries in Sub-Saharan Africa (SSA). Given this renewed interest in industrialization across the region, a central question is not whether SSA countries should pursue industrialization as a potential path to sustainable growth but how to promote the prospects of industrialization. Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains addresses this question by reassessing the prospects for industrialization in SSA countries through integration into global value chains. It also examines the role of policy in enhancing these prospects. The main findings indicate that • SSA has not experienced premature deindustrialization; the region has witnessed substantial growth in manufacturing jobs despite a lack of improvement in the contribution of manufacturing value-added to GDP. • The region’s integration into manufacturing global value chains is reasonably high but it is dominated by exports of primary products and engagement in low-skill tasks. • Global value chain integration has led to job growth, and backward integration is associated with more job creation. The report emphasizes the role of policy in maintaining a competitive market environment, promoting productivity growth, and investing in skills development and enabling sectors such as infrastructure and finance. Policy makers can strengthen the global value chain linkages by (1) increasing the value-added content of current exports, (2) upgrading into high-skill tasks, and (3) creating comparative advantages in knowledge-intensive industries.