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Mixed Fortunes – An Economic History of China, Russia, and the West - Oxford Scholarship Online
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Mixed Fortunes: An Economic History of China, Russia, and the West

Vladimir Popov


This book offers a new interpretation of the ‘Great Divergence’ and ‘Great Convergence’ stories: how Western countries grew rich and why parts of the developing world (South and East Asia, Middle East) did not catch up with the West during 1500–1950, but started to catch up afterwards, whereas others (Latin America, South Africa, Russia) did better in 1500–1950, but have fallen behind the first group since 1950. Western countries exited the Malthusian trap by dismantling traditional collectivist institutions that increased income inequality, impoverished the masses, and even decreased life exp ... More

Keywords: economic history, China, Russia, Malthusian trap, West, divergence, convergence, catch-up development

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780198703631
Published to Oxford Scholarship Online: May 2014 DOI:10.1093/acprof:oso/9780198703631.001.0001


Affiliations are at time of print publication.

Vladimir Popov, author
Advisor; Professor Emeritus, Department of Economic and Social Affairs, United Nations; New Economic School, Moscow