Typology of Industrialization Processes in the Nineteenth Century (Fundamentals of Pure and Applied Economics)
Publisher: CRC
Published: April 16, 1990
Language: eng
Format: Paperback
Number of pages: 114
ISBN-13: 9783718650071
Subjects: Economic history; Industry & Industrial Studies; Macroeconomics; World history: c 1750 to c 1900; c 1800 to c 1900; Engineering - Industrial; Industrial History; Business / Economics / Finance; Industrialization; Business/Economics; Industrial policy; History; Development - Economic Development; Technology / Engineering / Industrial; 19th century; Case studies; Economic development
First sentence: later followers, the lead economy has no free space for catching up, and can advance only as fast as technological progress itself (Maddison 1982). At the same time, again unlike the later industrializers, British industries did not have to fear the competition of more advanced established industries abroad.