Reframing the Narrative: Challenging Eurocentrism in Modern World Economic Historiography

Abstract

This historiographic analysis challenges the Eurocentric narrative that has traditionally dominated the historiography of the modern world economy, which typically emphasizes Europe's central role while marginalizing the contributions of other regions. Drawing on the seminal works of scholars such as Immanuel Wallerstein and Janet L. Abu-Lughod, the analysis explores the complex, interconnected dynamics of the global economic system. It argues for a broader, more inclusive approach to economic history that acknowledges the diverse influences and interactions that have shaped the modern world. By conducting a detailed comparative analysis of key scholarly contributions, this paper promotes a multi-perspective understanding of global economic developments, moving beyond simplistic, Eurocentric interpretations. The core argument positions the modern economic world as an interwoven fabric of regional interactions and contributions, debunking the myth of European exceptionalism and highlighting the significant yet often overlooked economic innovations from across the globe. This approach not only reevaluates the narrative of economic history but also enriches our understanding of the multifaceted processes that drive the global economy.