The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000
With 200,000 hardcover copies in print, this book has received worldwide attention. Kennedy explains how the various world powers have risen and fallen over the five centuries since the formation of the "new monarchies" in Western Europe.
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Each of them took his " cut " before passing the monies on to a higher level ; each
of them also received 5 percent interest on the price he had paid for office in the
first place ; and many of the more senior officials were charged with paying out ...
... arbitrary actions against the holders of short - term and longterm bills caused
bankers to demand and a desperate French state to agree to - rates of interest far
above those charged to the British and many other European governments .
... extraordinary rises in the deficit , and consequently in the national debt , as
shown in Table 49 . Table 49 . U . S . Federal Deficit , Debt , and Interest , 1980 –
1985236 ( billions of dollars ) Deficit Debt Interest on Debt 1980 59 . 6 914 . 3 52 .
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The rise and fall of the great powers: economic change and military conflict from 1500 to 2000User Review - Not Available - Book Verdict
Yale historian Kennedy surveys the ebb and flow of power among the major states of Europe from the 16th centurywhen Europe's preeminence first took shapethrough and beyond the present erawhen great ... Read full review
Learning from History, July 19, 2003
Kennedy chronicles the rise of the Great Powers starting with the Ming Dynasty in China and taking us all the way to the contemporary times of the 1980s.
By analyzing world history through the prisms of economical, political, and military status of each great rising power, Kennedy fuses a theory of why certain countries throughout history (1500-present) rose to be regional or world powers and why they later collapsed.
As the other reviewers noted, Kennedy's book falls short of accurately predicting the changes that were to follow the publication date of his book (fall of Russia, Asian market crises). Nevertheless this book is a valuable historical resource.
The Rise of the Western World
World Power Centers in the Sixteenth Century
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