The causes of "The Great Divergence"

Essay from the year 2010 in the subject Economics - Macro-economics, general, grade: A, University of Warwick, course: Economics, language: English, abstract: In this essay I aim to investigate two theories of economic growth of the western world;the development of institutions and the exploitation of the periphery. This may give ussome indication of the causes of “The Great Divergence” and suggest methods bywhich growth of other, less developed, countries can be accelerated.