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The Economic History of Colonialism
Debates about the origins and effects of European rule in the non-European world have animated the field of economic history since the 1850s. This pioneering text provides a concise and accessible resource that introduces key readings, builds connections between ideas and helps students to develop informed views of colonialism as a force in shaping the modern world. With special reference to European colonialism of the nineteenth and twentieth centuries in both Asia and Africa, this book: • critically reviews the literature on colonialism and economic growth; • covers a range of different methods of analysis; • offers a comparative approach, as opposed to a collection of regional histories, deftly weaving together different themes. With debates around globalization, migration, global finance and environmental change intensifying, this authoritative account of the relationship between colonialism and economic development makes an invaluable contribution to several distinct literatures in economic history.
Sovereignty without Power
What did independence mean during the age of empires? How did independent governments balance different interests when they made policies about trade, money and access to foreign capital? Sovereignty without Power tells the story of Liberia, one of the few African countries to maintain independence through the colonial period. Established in 1822 as a colony for freed slaves from the United States, Liberia's history illustrates how the government's efforts to exercise its economic sovereignty and engage with the global economy shaped Liberia's economic and political development over the nineteenth and twentieth centuries. Drawing together a wide range of archival sources, Leigh A. Gardner presents the first quantitative estimates of Liberian's economic performance and uses these to compare it to its colonized neighbors and other independent countries. Liberia's history anticipated challenges still faced by developing countries today, and offers a new perspective on the role of power and power relationships in shaping Africa's economic history.
The Cambridge Economic History of the Modern World: Volume 2, 1870 to the Present
The second volume of The Cambridge Economic History of the Modern World explores the development of modern economic growth from 1870 to the present. Leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include human capital, capital and technology, geography and institutions, living standards and inequality, trade and immigration, international finance, and warfare and empire.
Time and Space
This edited collection examines the evolution of regional inequality in Latin America in the long run. The authors support the hypothesis that the current regional disparities are principally the result of a long and complex process in which historical, geographical, economic, institutional, and political factors have all worked together. Lessons from the past can aid current debates on regional inequalities, territorial cohesion, and public policies in developing and also developed countries. In contrast with European countries, Latin American economies largely specialized in commodity exports, showed high levels of urbanization and high transports costs (both domestic and international). T...
Mediterranean Labor Markets in the First Age of Globalization
Scholars have studied the nineteenth century's unprecedented labor flows in global and specific country contexts, but have lacked a comprehensive analysis of the world's old economic core, the Mediterranean. This work provides answers to important questions, such as: If the Mediterranean labor market really was integrated, then why did globalization affect the Western and Eastern Mediterranean so differently? Why did wage inequality rise in the East while it fell in the rest of the labor-abundant periphery? More broadly, was low emigration from Iberia and the East to blame for the Mediterranean's failed integration with the fast-expanding global economy? This ground-breaking research relates these questions to ongoing historical debates on the intensity of intra-Mediterranean integration in goods and labor, to current heated debates on North African emigration to Europe, and to discussions on European economic integration more generally.
History by Numbers
Fully updated and carefully revised, this new 2nd edition of History by Numbers stands alone as the only textbook on quantitative methods suitable for students of history. Even the numerically challenged will find inspiration. Taking a problem-solving approach and using authentic historical data, it describes each method in turn, including its origin, purpose, usefulness and associated pitfalls. The problems are developed gradually and with narrative skill, allowing readers to experience the moment of discovery for each of the interpretative outcomes. Quantitative methods are essential for the modern historian, and this lively and accessible text will prove an invaluable guide for anyone entering the discipline.
Distant Tyranny
Spain's development from a premodern society into a modern unified nation-state with an integrated economy was painfully slow and varied widely by region. Economic historians have long argued that high internal transportation costs limited domestic market integration, while at the same time the Castilian capital city of Madrid drew resources from surrounding Spanish regions as it pursued its quest for centralization. According to this view, powerful Madrid thwarted trade over large geographic distances by destroying an integrated network of manufacturing towns in the Spanish interior. Challenging this long-held view, Regina Grafe argues that decentralization, not a strong and powerful Madrid...
Tracks Across Continents, Paths Through History
A standard track gauge—the distance between the two rails—enables connecting railway lines to exchange traffic. But despite the benefits of standardization, early North American railways used six different gauges extensively, and even today breaks of gauge at national borders and within such countries as India and Australia are expensive burdens on commerce. In Tracks across Continents, Paths through History, Douglas J. Puffert offers a global history of railway track gauge, examining early choices and the dynamic process of diversity and standardization that resulted. Drawing on the economic theory of path dependence, and grounded in economic, technical, and institutional realities, this innovative volume traces how early historical events, and even idiosyncratic personalities, have affected choices of gauge ever since, despite changing technology and understandings of what gauge is optimal. Puffert also uses this history to develop new insights in the theory of path dependence. Tracks across Continents, Paths through History will be essential reading for anyone interested in how history and economics inform each other.
The Making of National Money
Why should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. "Territorial currencies" rapidly became bound up with the rise of national markets, and money reflec...
