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This book is a critical interpretation of a seminal and protracted debate in comparative global economic history. Since its emergence, in now classic publications in economic history between 1997-2000, debate on the divergent economic development that has marked the long-term economic growth of China and Western Europe has generated a vast collection of books and articles, conferences, networks, and new journals as well as intense interest from the media and educated public. O’Brien provides an historiographical survey and critique of Western views on the long-run economic development of the Imperial Economy of China – a field of commentary that stretches back to the Enlightenment. The book’s structure and core argument is concentrated upon an elaboration of, and critical engagement with, the major themes of recent academic debate on the “Great Divergence” and it will be of enormous interest to academics and students of economic history, political economy, the economics of growth and development, state formation, statistical measurements, environmental history, and the histories of science and globalization.
This is a critical survey of contemporary historical research into the connection between the American Civil War and the long term Economic Growth of the United States. The central focus is on the methods used by economic historians to quantify the economic effects of drastic changes in taxation, government borrowing, and military expenditure, the destruction of human and physical capital, and the demise of slavery, which resulted from the war.
First published in 1978, Professor O’Brien’s Economic Growth in Britain and France 1780-1914 is an original and pioneering exercise in comparative and quantitative economic history. It finds a controversial place in the debate on the question of French retardation in the 19th century and as a brave and important contribution towards the understanding of economic growth in Western Europe. The author attempts to comprehend and evaluate the economic performance of France through explicit comparisons with Britain, while considering British economic history from a French perspective. Challenging the orthodox view that France lagged behind Britain in economic terms, the book argues that there were two paths of economic growth to the 20th century, with France’s path seen as a more humane and no less efficient transition to industrial society.
Leading economic historians present a groundbreaking series of country case studies exploring the formation of fiscal states in Eurasia.
How did Britain emerge as a world power and later as the world's first industrial society? What policies, cultural practices, and institutions were responsible for this outcome? How were the inevitable disruptions to social and political life coped with? This innovative volume illustrates the contribution of economic thinking (scientific, official and popular) to the public understanding of British economic experience over the period 1688-1914. Political economy has frequently served as the favourite mode of public discourse when analysing or justifying British economic policies, performance and institutions. These sixteen essays, centering on the peculiarities of the British experience, are grouped under five main themes: foreign assessments of that experience; land tenure; empire and free trade; fiscal and monetary regimes; and the poor law and welfare. This is a collaborative endeavour by historians with established reputations in their field, which will appeal to all those interested in the current development of these branches of historical scholarship.
The Industrial Revolution is central to the teaching of economic history. It has also been key to historical research on the commercial expansion of Western Europe, the rise of factories, coal and iron production, the proletarianization of labour, and the birth and worldwide spread of industrial capitalism. However, perspectives on the Industrial Revolution have changed significantly in recent years. The interdisciplinary approach of Reinventing the Economic History of Industrialisation - with contributions on the history of consumption, material culture, and cultural histories of science and technology - offers a more global perspective, arguing for an interpretation of the industrial revolution based on global interactions that made technological innovation and the spread of knowledge possible. Through this new lens, it becomes clear that industrialising processes started earlier and lasted longer than previously understood. Reflecting on the major topics of concern for economic historians over the past generation, Reinventing the Economic History of Industrialisation brings this area of study up to date and points the way forward.
Originally published in 2003, this book addresses the rarely explored subject of the reciprocal relationships between nationalism, nation and state-building, and economic change. Analysis of the economic element in the building of nations and states cannot be confined to Europe, and therefore these diverse yet interlinked case-studies cover all continents. Authors come to contrasting conclusions, some regarding the economic factor as central, while others show that nation-states came into being before the constitution of a national market. The essays leave no doubt that the nation-state is an historical phenonemon and as such is liable to 'expiry' both through the process of globalisation and through the development of a 'cyber-society' which evades state control. By contrast, developments in southeastern Europe, the former USSR, and parts of Africa and the Far East show that building the nation-state has not run its course.
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.
Shipping was the most dynamic sector of the economy of Europe from the fourteenth into the nineteenth century. Europeans who moved goods by sea dramatically improved their efficiency, laying the foundations for greater economic growth to come and for domination of the world’s oceans.
This book is open access under a CC BY 4.0 license. This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. The author splices available national accounts sets over the period 1958–2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the historical estimates providing yearly series for GDP and its components since 1850. On the basis of new popu...