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For too long there has been an unquestioning acceptance that Britain's economic decline began long before the First World War. By focusing on international trade in the 1873-1914 period this book analyses the facts behind this myth, examining Britain's performance in comparison with that of its major rivals in the very areas where they came into competition with each other. What emerges is a much more complex picture of both losses and gains, in which Britain's position gradually adjusted to a changing world economic order, and appeared to be doing so remarkably successfully.
A study of the miscalculations of the figures for "world" history employed by statistically-minded historians. It is the product, primarily, of the resources of the Bodleian Library at Oxford, aiming to show the great misuse of numbers and the fragility of the conclusions derived from them.
First Published in 2005. This study uses the Baring archive to provide a professional and contemporary understanding of the foreign financial history of Continental Europe and the United States from the years 1815 to 1870. The material gathered in this book, for France, Russia, Austria, Spain and the United States, and the conclusions reached in all the chapters, go far towards supporting and confirming that the belief that capital exports give rise to growth is an inflated claim.