This volume offers an impressive collection of scholarly papers which investigate the historical foundations of globalization before 1945. The book explores the effects of the nineteenth century technologies of the railway, the telegraph and the steamship which promoted the globalization process by boosting trade across frontiers and triggering migration of labour and flows of capital to the temperate areas of agriculture. The colonial empires, in particular the British Empire, facilitated the process, as the integration of capital markets and monetary systems and methods of business organization followed trade and labour. The volume also covers the time between the wars, when impediments to trade, migration and currency movements increased and led to a period of deglobalization and divergence.
Recenzijas
'It has been nicely produced by the publishers, who have reprinted the extracts in their original style. It will feature on many reading lists and will be recommended by economic historians to their students . . . It will be conveniently consulted as an alternative source for many scholarly articles in international economic history. It will provide plenty of academic nourishment. . .' -- Robert G. Greenhill, Business History
Acknowledgements ix(4) Introduction: xiii James Foreman-Peck PART I THE TECHNOLOGY OF 19TH CENTURY GLOBALIZATION 3(100) Dr. Lardner (1867)
1. `Uses of the Telegraph, The Electric Telegraph,
Chapter XVII, London: James Walton, 3rd Edition, 233-54 3(22) Dionysius Lardner (1850)
2. `Influence of Improved Transport on Civilization and `Comparison of Railway Transport in Different Countries, Railway Economy: A Treatise on the New Art of Transport,
Chapters I and XXI, London: Taylor, Walton & Maberley, Augustus Kelley reprint, 1968, 25-40 and 416-20 25(21) Joseph DAguilar Samuda (1870)
3. `On the Influence of the Suez Canal on Ocean Navigation, Transactions of the Institute of Naval Architects, 11, 1-6 46(6) Charles K. Harley (1971)
4. `The Shift from Sailing Ships to Steamships, 1850-1890: A Study in Technological Change and Its Diffusion, in Donald N. McCloskey (ed.), Essays on a Mature Economy: Britain After 1840,
Chapter 6, Princeton, NJ: Princeton University Press, 215-34 52(20) Yasukichi Yasuba (1978)
5. `Freight Rates and Productivity in Ocean Transportation for Japan, 1875-1943, Explorations in Economic History, 15(1), January, 11-39 72(31) PART II TRADE, PRICES AND GLOBALIZATION 103(160) Jeffrey G. Williamson (1996)
6. `Globalization, Convergence, and History, Journal of Economic History, 56(2), June, 277-306 103(30) C. Knick Harley (1992)
7. `The World Food Economy and Pre-World War I Argentina, in S.N. Broadberry and N.F.R. Crafts (eds), Britain in the International Economy,
Chapter 10, Cambridge University Press, 244-68 and references 133(26) J. Richard Huber (1971)
8. `Effect on Prices of Japans Entry into World Commerce After 1858, Journal of Political Economy, 79(3), May/June, 614-28 159(15) Kevin H. ORourke Alan M. Taylor Jeffrey G. Williamson (1996)
9. `Factor Price Convergence in the Late Nineteenth Century, International Economic Review, 37(3), August, 499-530 174(32) A.W. Flux (1899)
10. `The Flag and Trade: A Summary Review of the Trade of the Chief Colonial Empires, Journal of the Royal Statistical Society, LXII, September, 489-522 206(34) A.P. Winston (1927)
11. `Does Trade Follow the Dollar?, American Economic Review, XVII(3), September, 458-77 240(23) PART III THE MONETARY SYSTEM OF GLOBALIZATION, CAPITAL MARKET INTEGRATION AND FOREIGN DEBT 263(118) Richard S. Sayers (1933)
12. `The Question of the Standard in the Eighteen-Fifties, Economic History (Supplement to the Economic Journal), II, January, 575-601 263(27) George Clare (1891/1923)
13. `The Foreign Exchanges, in A Money-Market Primer, and Key to the Exchanges,
Chapters IX, X and XI, London: Effingham Wilson, 87-132 290(48) Larry Neal (1985)
14. `Integration of International Capital Markets: Quantitative Evidence from the Eighteenth to Twentieth Centuries, Journal of Economic History, XLV (2), June, 219-26 338(8) James Foreman-Peck (1989)
15. `Foreign Investment and Imperial Exploitation: Balance of Payments Reconstruction for Nineteenth-Century Britain and India, Economic History Review, Second Series, XLII (3), August, 354-74 346(21) Peter H. Lindert Peter J. Morton (1989)
16. `How Sovereign Debt Has Worked, in Jeffrey D. Sachs (ed.), Developing Country Debt and the World Economy,
Chapter 10, Chicago & London: University of Chicago Press, 225-35 367(14) PART IV BUSINESS AND GLOBALIZATION 381(104) Charles A. Jones (1987)
17. `A Cosmopolitan Bourgeoisie, in International Business in the Nineteenth Century: The Rise and Fall of a Cosmopolitan Bourgeoisie,
Chapter 3, Wheatsheaf, 66-93, 221-6 381(34) Stephanie Jones (1986)
18. `Merchants in the South China Seas: The Borneo Company Limited and the Anglo-Thai Corporation, c. 1870 to 1939, in Two Centuries of Overseas Trading: The Origins and Growth of the Inchcape Group,
Chapter 7, Basingstoke and London: Macmillan, 194-219, 311-4 415(30) Alfred D. Chandler, Jr. (1986)
19. `Technological and Organizational Underpinnings of Modern Industrial Multinational Enterprise: The Dynamics of Competitive Advantage, in Alice Teichova, Maurice Levy-Leboyer and Helga Nussbaum (eds), Multinational Enterprise in Historical Perspective,
Chapter 2, Cambridge: Cambridge University Press, 30-54 445(25) Alfred Plummer (1934)
20. `Introductory Survey, in International Combines in Modern Industry,
Chapter I, London: Pitman & Sons Ltd, 1-13 470(15) PART V MIGRATION AND GLOBALIZATION 485(86) A.J.H. Latham (1986)
21. `Southeast Asia: A Preliminary Survey, 1800-1914, in Ira A. Glazier and Luigi De Rosa (eds), Migration Across Time and Nations: Population Mobility in Historical Contexts,
Chapter 1, New York & London: Holmes and Meier, 11-29 485(19) Alan M. Taylor (1994)
22. `Mass Migration to Distant Southern Shores: Argentina and Australia, 1870-1939, in Timothy J. Hatton and Jeffrey G. Williamson (eds), Migration and the International Labor Market, 1850-1939,
Chapter 5, London & New York: Routledge, 91-115 and references 504(28) Timothy J. Hatton Jeffrey G. Williamson (1994)
23. `International Migration 1850-1939: An Economic Survey, in Timothy J. Hatton and Jeffrey G. Williamson (eds), Migration and the International Labor Market, 1850-1939,
Chapter 1, London & New York: Routledge, 3-32 and references 532(39) PART VI DEGLOBALIZATION BETWEEN THE WARS 571(132)
24. League of Nations (1944), `Exchange Fluctuations, in International Currency Experience: Lessons of the Inter-War Period,
Chapter V, 113-42, 233-40 571(38)
25. League of Nations (1942),`The Great Depression and the European Conferences, 1929-32 and `The New Protectionism: Policy and Proposals, 1933-36, in Commercial Policy in the Interwar Period: International Proposals and National Policies,
Chapters VI and VIII, 52-60 and 68-78 609(20) Peter Svedberg (1981)
26. `Colonial Enforcement of Foreign Direct Investment, Manchester School of Economic and Social Studies, 39, March, 21-38 629(18) Barry Eichengreen Richard Portes (1990)
27. `The Interwar Debt Crisis and its Aftermath, World Bank Research Observer, 5(1), January, 69-94 647(26) Barry Eichengreen Carolyn Werley (1988)
28. `How the Bondholders Fared: Realized Rates of Return on Foreign Dollar Bonds Floated in the 1920s, University of California, Berkeley, Working Paper 8869 673(30) PART VII POLITICAL ECONOMY OF GLOBALIZATION 703(108) Peter Alexis Gourevitch (1977)
29. `International Trade, Domestic Coalitions, and Liberty: Comparative Responses to the Crisis of 1873-1896, Journal of Interdisciplinary History, VIII(2), Autumn, 281-313 703(33) Ronald Rogowski (1989)
30. `Why Changing Exposure to Trade Should Affect Political Cleavages, in Commerce and Coalitions: How Trade Affects Domestic Political Alignments,
Chapter One, Princeton, NJ: Princeton University Press, 3-20 and references 736(22) Claudia Goldin (1994)
31. `The Political Economy of Immigration Restriction in the United States, 1890 to 1921, in Claudia Goldin and Gary D. Libecap (eds), The Regulated Economy: A Historical Approach to Political Economy,
Chapter 7, Chicago & London: University of Chicago Press, 223-57 758(35) James Foreman-Peck (1992)
32. `A Political Economy of International Migration, 1815-1914, Manchester School of Economic and Social Studies, LX (4), December, 359-76 793(18) Name Index 811
Edited by James Foreman-Peck, Cardiff Business School, UK