Two Paths to Prosperity Culture and Institutions in Europe and China 1000 2000

Two paths to prosperity culture and institutions in europe and china 1000 2000: How the social organization of Europe and China shaped their divergent economic and political trajectories over the past millennium

In the eleventh century, when Europe was still backward and poor, China was a rich and sophisticated civilization. Yet Europe became the birthplace of democracy and the Industrial Revolution, driving the Great Enrichment, while China stagnated until the end of the twentieth century and was always ruled by autocracies.

Two Paths to Prosperity traces the emergence of two very different social organizations in premodern China and Europe—the clan and the corporation—showing how they were key factors in the economic and political divergence of these two great civilizations.

In this landmark book, three leading economists offer a bold new account of why Europe and China evolved along such different trajectories.

About two paths to prosperity culture and institutions in europe and china 1000 2000

Book Name Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000
Author  Avner Greif
Format PDF
Size mb
Pages 368
Language English
Release date November 4, 2025

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