Author: Richard Adelstein
Publisher: Routledge
ISBN: 1136489703
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
Central economic planning is often associated with failed state socialism, and modern capitalism celebrated as its antithesis. This book shows that central planning is not always, or even primarily, a state enterprise, and that the giant industrial corporations that dominated the American economy through the twentieth century were, first and foremost, unprecedented examples of successful, consensual central planning at a very large scale.
Author: Mark Casson
Publisher: Routledge
ISBN: 1317963644
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
‘Big data’ is now readily available to economic historians, thanks to the digitisation of primary sources, collaborative research linking different data sets, and the publication of databases on the internet. Key economic indicators, such as the consumer price index, can be tracked over long periods, and qualitative information, such as land use, can be converted to a quantitative form. In order to fully exploit these innovations it is necessary to use sophisticated statistical techniques to reveal the patterns hidden in datasets, and this book shows how this can be done. A distinguished group of economic historians have teamed up with younger researchers to pilot the application of new techniques to ‘big data’. Topics addressed in this volume include prices and the standard of living, money supply, credit markets, land values and land use, transport, technological innovation, and business networks. The research spans the medieval, early modern and modern periods. Research methods include simultaneous equation systems, stochastic trends and discrete choice modelling. This book is essential reading for doctoral and post-doctoral researchers in business, economic and social history. The case studies will also appeal to historical geographers and applied econometricians.
Author: Lars Magnusson
Publisher: Routledge
ISBN: 1317439805
Category : Business & Economics
Languages : en
Pages : 261
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Book Description
Since the days of Adam Smith, Mercantilism has been a hotly debated issue. Condemned at the end of the 18th century as a "false" system of economic thinking and political practice, it has returned paradoxically to the forefront in regard to issues such as the creation of economic growth in developing countries. This concept is often used in order to depict economic thinking and economic policy in early modern Europe; its meaning and content has been highly debated for over two hundred years. Following on from his 1994 volume Mercantilism – The Shaping of an Economic Language, this new book from Lars Magnusson presents a more synthetic interpretation of Mercantilism not only as a theoretical system, but also as a system of political economy. This book incorporates samples of material from the 1994 publication alongside new material, ordered in a new set of chapters and up-date discussions on mercantilism up to the present day. Tracing the development of a particular political economy of Mercantilism in a period of nascent state making in Western and Continental Europe from the 16th to the 18th century, the book describes how European rulers regarded foreign trade and industrialisation as a means to achieve power and influence amidst international competition over trades and markets. Returning to debates concerning whether Mercantilism was a system of power or of wealth, Magnusson argues that it is in fact was both, and that contemporaries almost without exception saw these goals as interconnected. He also emphasises that Mercantilism was an all-European issue in a time of trade wars and the struggle for international power and recognition. In examining these issues, this book offers an unrivalled modern synthesis of Mercantilist ideas and practices.
Author: Francesca Fauri
Publisher: Routledge
ISBN: 1317678281
Category : Business & Economics
Languages : en
Pages : 349
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Book Description
The History of Migration in Europe belies several myths by arguing, for example, that immobility has not been the "normal" condition of people before the modern era. Migration (far from being an income-maximizing choice taken by lone individuals) is often a household strategy, and local wages benefit from migration. This book shows how ssuccesses arise when governments liberalize and accompany the international movements of people with appropriate legislation, while failures take place when the legislation enacted is insufficient, belated or ill shaped. Part I of this book addresses mainly methodological issues. Past and present migration is basically defined as a cross-cultural movement; cultural boundaries need prolonged residence and active integrationist policies to allow cross-fertilization of cultures among migrants and non-migrants. Part II collects chapters that examine the role of public bodies with reference to migratory movements, depicting a series of successes and failures in the migration policies through examples drawn from the European Union or single countries. Part III deals with challenges immigrants face once they have settled in their new countries: Do immigrants seek "integration" in their host culture? Through which channels is such integration achieved, and what roles are played by citizenship and political participation? What is the "identity" of migrants and their children born in the host countries? This text's originality stems from the fact that it explains the complex nature of migratory movements by incorporating a variety of perspectives and using a multi-disciplinary approach, including economic, political and sociological contributions.
Author: Jonathan Harwood
Publisher: Routledge
ISBN: 113630746X
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
How best to foster agricultural development in the Third World has long been a subject of debate and from a European perspective the persistent failure to design peasant-friendly technology is puzzling. From the late 19th century, for example, various western European countries also underwent ‘green revolutions’ in which systematic attempts were made to promote the adoption of technological innovation by peasant-farmers. This book focuses on the development of public-sector plant-breeding in Germany from the late nineteenth century through its fate under National Socialism. Harwood uses this historical case study in order to argue that peasant-friendly research has an important role to play in future Green Revolutions.
Author: Mats Lundahl
Publisher: Routledge
ISBN: 0415816084
Category : Business & Economics
Languages : en
Pages : 466
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Book Description
Haiti, one of the least developed and most vulnerable nations in the Western Hemisphere, made the international headlines in January 2010 when an earthquake destroyed the capital, Port-au-Prince. More than a year later, little reconstruction has taken place, in spite of a strong international funding commitment. Mats Lundahl has written several seminal works on Haiti, and this volume brings together the best of his past work on Haiti’s economic and political history, along with a comprehensive introduction and two new chapters which bring the story right up to the present day. Together, the volume provides both historical background and explanation as to why Haiti was so badly affected by the earthquake, and to why reconstruction efforts have been ineffective this far. Lundahl argues that the two main causes can found in the interaction between the growth of the population and the destruction of the arable soil on the one hand, and in the creation of a predatory state during the nineteenth century, which still exists to this day. This book provides a comprehensive analysis, which charts these themes from the time of the arrival of Columbus in the island in 1492, to the present day. The book also deals with contemporary market and policy failures, as well as the crucial recent elections, and considers the path ahead for this impoverished nation. This book will be of huge relevance and interest not only to students and researchers in economic history, but also for all those working on development economics, development studies and American and Caribbean Studies more generally.
Author: Ellen Hillbom
Publisher: Routledge
ISBN: 0415684951
Category : Business & Economics
Languages : en
Pages : 359
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Book Description
This book uses a global history approach in order to reach a greater understanding of the agricultural transformation process, using a wide number of comparisons over time and space. The book seeks to identify key factors for agricultural transformation, through the use of micro level case studies, and to assess their importance in a global perspective.
Author: Ewout Frankema
Publisher: Routledge
ISBN: 1136759476
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
Since many countries in the world at present were European colonies in the not so distant past, the relationship between colonial institutions and development outcomes is a key topic of study across many disciplines. This edited volume, from a leading international group of scholars, discusses the comparative legacy of colonial rule in the Netherlands Indies and Belgian Congo during the nineteenth and twentieth centuries. Whereas the Indonesian economy progressed rapidly during the last three decades of the twentieth century and became a self-reliant and assertive world power, the Congo regressed into a state of political chaos and endemic violence. To which extent do the different legacies of Dutch and Belgian rule explain these different development outcomes, if they do at all? By discussing the comparative features and development of Dutch and Belgian rule, the book aims to 1) to contribute to a deeper understanding of the role of colonial institutional legacies in long run patterns of economic divergence in the modern era; 2) to fill in a huge gap in the comparative colonial historical literature, which focuses largely on the comparative evolution of the British, French, Spanish and Portuguese Empires; 3) to add a focused and well-motivated comparative case-study to the increasing strand of literature analyzing the marked differences in economic and political development in Asia and Africa during the postcolonial era. Covering such issues as agriculture, manufacturing and foreign investment, human capital, fiscal policy, labour coercion and mineral resource management, this book offers a highly original and scholarly contribution to the literature on colonial history and development economics.
Author: Robert Millward
Publisher: Routledge
ISBN: 0415627907
Category : Business & Economics
Languages : en
Pages : 314
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Book Description
In the 19th and early 20th centuries, the state emerged as a major player in the economies of the Western World. This important new volume provides an economic history for the period 1815-1939 of state/business relations in the major powers: France, Germany, Japan, Russia, UK and the USA. The book challenges the traditional story that the scale of state intervention reflected the degree to which each country was ideologically committed to laissez-faire, and which also tended to assume that governments were interested in economic growth and raising average living standards. Robert Millward gives a rather different perspective, arguing that the scale of state intervention and the differences across countries were motivated more by considerations of external defence and internal unification than by any notions of promoting economic growth or adherence to laissez-faire. This book provides, for the first time, an integrated economic history of these state /business relations in the major powers in the period 1815-1939, and offers a completely new perspective on the links between tariff policies, state enterprise in manufacturing, the treatment of the peasantry, regulation of railways, taxation of the business sector, policies on cartels, trusts and competition.
Author: John Wood
Publisher: Routledge
ISBN: 1317704320
Category : Business & Economics
Languages : en
Pages : 243
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Book Description
The Federal Reserve System, which has been Congress’s agent for the control of money since 1913, has a mixed reputation. Its errors have been huge. It was the principal cause of the Great Depression of the 1930s and the inflation of the 1970s, and participated in the massive bailouts of financial institutions at taxpayers' expense during the recent Great Recession. This book is a study of the causes of the Fed’s errors, with lessons for an improved monetary authority, beginning with an examination of the history of central banks, in which it is found that their performance depended on their incentives, as is to be expected of economic agents. An implication of these findings is that the Fed’s failings must be traced to its institutional independence, particularly of the public welfare. Consequently, its policies have been dictated by special interests: financial institutions who desire public support without meaningful regulation, as well as presidents and those portions of Congress desiring growing government financed by inflation. Monetary stability (which used to be thought the primary purpose of central banks) requires responsibility, meaning punishment for failure, instead of a remote and irresponsible (to the public) agency such as the Fed. It requires either private money motivated by profit or Congress disciplined by the electoral system as before 1913. Change involving the least disturbance to the system suggests the latter.
