Series Information:
RoutledgeCurzon Studies in the Growth Economies of Asia

This book explores imperial power and the transnational encounters of shipowners and merchants in the South China Sea from 1840 to 1930. With British Hong Kong and French Indochina on its northern and western shores, the 'Asian Mediterranean' was for almost a century a crucible of power and an axis of economic struggle for coastal shipping companies from various nations. Merchant steamers shipped cargoes and passengers between ports of the region. Hong Kong, the global port city, and the colonial ports of Saigon and Haiphong developed into major hubs for the flow of goods and people, while Guangzhouwan survived as an almost forgotten outpost of Indochina. While previous research in this field has largely remained within the confines of colonial history, this book uses the examples of French and German companies operating in the South China Sea to demonstrate the extent to which transnational actors and business networks interacted with imperial power and the process of globalisation.

This book explores the economic factors that led to Britain forfeiting its North American colonies. Placing discussions within both a historical and political context, the development of the colonial economy is examined in relation to both slavery and the industrial revolution. In turn, changes to British tax policy post-1760 and the increased burden placed on American taxpayers are detailed, alongside the resentment and resistance to them. These factors, as well as nonimportation agreements and boycotts, are highlighted as the major motivations for the American Revolution. This book aims to provide an accessible foundation to the economic and political issues central to Britain's colonial activities in North America. It will be relevant to students and researchers interested in the political economy and economic history.

This set reprints works by, and about, Swedish economists working between the turn of the century and 1960. The volumes contain a number of recent articles, monographs and collections of essays. Examples are given of the lively involvement in public affairs and public discussions by the generations of economists under consideration. The editor provides an overview of Swedish economics, as well as growth and specialization within the discipline. Amongst the schools and individuals included are the early neo-classical scholars Knut Wicksell, Gustav Cassel and Eli Heckscher, the Stockholm School, including Erik Lindahl, Gunner Myrdal, Bertil Ohlin, Erik Lundberg and politically influential trade economists such as Rudolf Meidner and Gosta Rehn.

The Showa Period covers the reign of Emperor Hirohito (1926-1989), encompassing war and destruction of the Japanese empire, the occupation, recovery from the ruins of war and Japan's emergence as an economic superpower. But what defines Showa historically? What sets Showa apart from the history of Meiji and Taisho Japan? Whereas historians have traditionally approached this question by splitting "prewar" and "postwar" the emphasis in this anthology is on long-term continuities which were decisive in shaping modern Japan. The readings address such crucial issues as the nature of the imperial state, why Japan embarked upon war early in the period, the impact of the occupation, the dilemmas of Japanese democracy, the social costs and international repercussions of exceptionalism, and Japan's evolving world role. With 1945 marking the beginning of a new era, the emphasis in this anthology is on long-term continuities which were decisive in shaping modern Japan. The readings address such crucial issues as the nature of the imperial state, why Japan embarked upon war early in the period, the impact of the occupation, the dilemmas of Japanese democracy, the social costs and international

This is a study of the long-run evolution of the relationship between China and the world economy. The book presents an original interpretation of the country's socio-economic processes in the past 150 years, focusing on China's interaction with the expanding capitalist world economy. The author argues that the general thrust of China's quest for development or modernization has been to catch up with the wealthy nations of the West, and goes on to explain the changing paths and outcomes.

This set of four volumes collects the major English language contributions to the theories of the structure and performance of the Japanese economy in the 20th century. It covers a wide range of topics: Volume I covers Japan before the Pacific War; Volume Two covers post-war growth; Volume Three covers trading with Japan; Volume Four explores the nature of the Japanese firm. The set gives the reader access to the most important debates about the contours of the modern Japanese economy and their evolution. Many of the articles in the set should also be accessible to non-economists, especially to political scientists.

In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according to which the prices of factors of production directly depend on their relative scarcities. Sraffa showed that when income distribution changes, there are many complexities developed within the economic system impacting on prices in ways which are not possible to predict. These debates were revisited in the 1980s and again more recently, along with a parallel literature that has developed among neoclassical economists and has also looked at the impact of shocks on an economy. This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also pinpoints the similarities and differences between the various approaches and critically evaluates them in light of available empirical evidence. The focus of the book is on the price trajectories induced by changes in income distribution and the resulting shape of the wage rates of profit curves and frontier. These issues are central to areas such as microeconomics, international trade, growth, technological change and macro stability analysis. Each chapter starts with the theoretical issues involved, followed by their formalization and subsequently with their operationalization. More specifically, the variables of the classical theory of value and distribution are rigorously defined and quantified using actual input-output data from a number of major economies, but mainly from the USA, over long stretches of time. The empirical results are not only consistent with the anticipations of the theory but also further inform and therefore strengthen its predictive content raising new significant questions.

Poverty in Contemporary Economic Thought aims to describe and critically examine how economic thought deals with poverty, including its causes, consequences, reduction and abolition. This edited volume traces the ideas of key writers and schools of modern economic thought across a significant period, ranging from Friedrich Hayek and Keynes to latter-day economists like Amartya Sen and Angus Deaton. The chapters relate poverty to income distribution, asserting the point that poverty is not always conceived of in absolute terms but that relative and social deprivation matters also. Furthermore, the contributors deal with both individual poverty and the poverty of nations in the context of the international economy. In providing such a thorough exploration, this book shows that the approach to poverty differs from economist to economist depending on their particular interests and the main issues related to poverty in each epoch, as well as the influence of the intellectual climate that prevailed at the time when the contribution was made. This key text is valuable reading for advanced students and researchers of the history of economic thought, economic development and the economics of poverty.

Series Information:
Routledge Studies in the History of Economics

This book provides a systematic account of the development of agriculture and agricultural civilization in ancient China. It mainly discusses the birth of traditional agriculture, the characteristics and advantages of traditional agricultural economy, traditional agricultural knowledge and technology system, flexible land relations and ownership structure, extensive irrigation system and water conservancy projects, complete policies and measures to emphasize agriculture, the three agricultural expansion processes, the value pursuit of revering agriculture, and the plight and decline of traditional agriculture.

This collection of essays presents insight and methodology that are highly relevant for readers today as they consider the future of the world they live in. Experiencing the COVID-19 pandemic, people have realized how fragile the current economy is and the necessity for reconstructing the socio-economic system. That system, which was considered the default for so long, was succeeded by the analytical framework of economics and regional science. The contents of this book are diversified, as are the achievements of Prof. Yasuhiro Sakai, to whom this volume is dedicated, and cover a wide area from mathematical and experimental economics to conventional and emerging fields of regional science. Some are timeless topics that have had new life breathed into them. Part I deals with, among other areas, risk management with uncertain events; the effectiveness and impacts of regulation and friction related to trading; the stability of strategic behavior and market equilibrium; and sustainable regional development and urban planning from the long-term perspective. Part II also presents a diversity of subjects, including input-output analysis and computable general equilibrium (CGE) modelling for internal as well as external structure and network linkage, such as a value chain; openness and creativity as related to competition among cities and regions; dispersion versus concentration; and inequality versus equality.

First Published in 1997. This is a case study of changing land-use patterns in Brittany over nearly 2000 years.

Economists and historians have viewed the events of the 1920s, the stock market boom and crash, the Great Depression and the New Deal, as largely independent events. This work provides an integrated view of this important period arguing that all of these events were the result of the electrification of U.S. industry from 1910 to 1926. The author goes from electrification through the stock market boom to the tariffs of the late 20s to the stock market crash and depression followed by the National Industrial Recovery Act in 1933. The conclusion is that the NIRA is an attempt to correct the imbalance between production and consumption caused by industrial electrification.

Trade across the Pacific will be one of the dominant forces in the economy of the next century. This collection reflects the birth of Pacific Rim history, until recently largely neglected. It addresses the development of the Pacific Rim over four centuries, combining broad historical syntheses with a range of essays on specific topics, from trade with Hong Kong to British overseas banking. It will form a major contribution to this rapidly expanding new field.

eBook available with sample pages: 0203065352

Guild socialism has frequently been regarded as a cul-de-sac in social and economic thought. However, this work demonstrates its continued relevance. Focusing on the Douglas Social Credit movement, it examines the origin of the key ideas, gives an overview of the main theories, and discusses their subsequent history. Douglas is credited with being the author of a simple, ingenious but erroneous proposal to end depression in the inter-war years. The Social Credit Government which held power in Alberta during the middle decades of the century is equally remembered in association with Douglas. Although the Canadian party arose from an interpretation of the texts attrubuted to Douglas, its policies had little in common with the original texts. Historical documentation of the social credit phenomenon has focused almost exclusively on the Canadian experience. This work approaches the phenomenon from a different perspective. It explores the guild socialist origins of the texts and condenses the economic and social theory of the original texts.

This book focuses on the macro factors behind underdevelopment. The author builds two macro foundations which lead to an understanding of the economic conditions a society must satisfy in order to exist, survive, and develop. Social subsistence is used as the entry point and fundamental principle, while both production and distribution survival conditions are formulated. Demography plays a large role in the analysis. Economic history and the history of economic thought are reinterpreted through the lens of macro foundations. The author posits the need for lesser-developed countries to achieve survival conditions as the fundamental basis for economic progress.

In Search of Ireland argues that Ireland's political problems are created by conflicts and confusions of identity. It brings together a number of distinguished contributors, each of whom examines a particular aspect of Ireland's diverse cultural geography and history. Issues covered include: the changing definitions of Irishness the roles of class and gender in constructing traditional alignments of identity the role of ethnicity in Irish society the invention and imagining of Irish 'place' the political implications of a pluralistic Ireland The contributors demonstrate that many people both inside and outside of Ireland continue to define themselves and their conflicts through simple sectarian stereotypes. The authors argue that politicians and others must reject these outdated either/or representations and accommodate instead the fluidity of Irish identity. James Anderson, University of Newcastle-Upon-Tyne S.J. Connolly, Queens's University, Belfast Neville Douglas, Queen's University, Belfast Brian Graham, University of Ulste

Populism and Neoliberalism argues that the roots of populism lay in the contradiction between the democratic ideal, which implies that the people should decide, and neoliberal governance, which seeks to make markets and competition the arbiters of major social developments. Neoliberalism is not the product of a clearly conceived ideology but rather a set of doctrines based on a few major principles which have been embraced by decision-makers of all kinds with little reassessment along the way. In practice, a certain art of governing that exploited an economic thinking insensitive to social complexity gradually imposed itself by being wrongly identified as the successor to liberalism. The rise of populist movements poses a significant challenge to liberal democracies, yet the causes of these movements remain beyond the understanding of experts. The explanation of populism is often limited to a mere political analysis. Contrary to that, this book investigates the economic and social dynamics of the free-market system and explains how populism emerges from its imbalances. It also aims to explain the emergence of the neoliberal doctrines during the 1930s and to characterise their common features. In light of this, it explores how the rise of inequality and social discontent create a pressing duty to develop another model, and argues that we must now rethink our policies in depth in order to respond to the challenge of authoritarian populism. This book marks a significant intervention in the debate about the rise and fall of neoliberalism. Its analysis of the links between the failings of neoclassical economics and the failings of neoliberal politics provides essential reading for anyone interested in the damaging impact of neoliberalism, the failings of neoclassical economics, and explanations for the rise of populism.

GorbacheV's reforms in domestic and foreign policy were motivated by the overriding objective of making Soviet socialism a legitimate and viable alternative among the world community of nations. Drawing on recently opened archives, this study examines the radicalization of GorbacheV's reforms and the resistance to them from the conservatives in the party apparat and the military. Gorbachev sought to demilitarize the Soviet Union from the beginning but that process took on a more revolutionary hue as he came to understand how deeply embedded Stalinism was. He sought to continue where Lenin had left off, believing that Stalin had sidetracked and deformed Soviet socialism. Toward this end, Gorbachev redefined the image of the enemy by emphasizing common human values in international relations over class conflict, and altered the nature of the threat by stressing the primacy of economic over military competition. Gorbachev changed the terms of political discourse, and by changing the way in which the Soviet Union viewed the world, he sought to make improvements in relations with the West and to decrease the military burden of his overstretched country.

The first six volumes in our series Regional Handbooks of Economic Development examine key issues affecting the economic growth of developing regions in Asia and Europe. The series is designed to help non-specialist readers understand a variety of complex factors -- social and political as well as economic -- that will bear on a region's economic growth as it moves into the next century.

Each volume begins with an explanation of the region's economic conditions within an historical and political context. Then follow approximately 20 chapter-length essays, each prepared by a recognized expert in the field, analyzing such factors as a region's population, natural resources, foreign trade, banking and financial structure, as well as the role of multi-national corporations, the problems of labor and economic inequalities in the region, etc.

This book challenges conventional wisdom by revealing an extensive and heterogeneous community of foreign businesses in Australia before 1914. Multinational enterprise arrived predominantly from Britain, but other sender nations included the USA, France, Germany, New Zealand, and Japan. Their firms spread out across Australia from mining and pastoral communities, to portside industries and CBD precincts, and they operated broadly across mining, trading, shipping, insurance, finance, and manufacturing. They were a remarkably diverse population of firms by size, organisational form, and longevity. This is a rare study of the impact of multinationals on a host nation, particularly before World War One, and that focuses on a successful resource-based economy. Deploying a database of more than 600 firms, supported by contemporary archives and publications, the work reveals how multinational influence was contested by domestic enterprise, other foreign firms, and the strategic investments of governments in network industries. Nonetheless, foreign agency - particularly investment, knowledge and entrepreneurship - mattered in the economic development of Australia in the nineteenth as well as the twentieth centuries. This book will be of interest to students and researchers in Australian and international economic and business history, the history of economic growth and scholars of international business.

The unprecedented urbanization of the 19th century prompted a range of theoretical and empirical writings on the city. Some of these writings addressed specific urban problems, especially relating to infrastructure, housing and poverty. Others were more generally concerned with the nature and texture of city life. This set collects together some of the most significant writings on the city from the period 1898 to 1938. Primarily dealing with North America and the UK, the volumes nonetheless reflect the experience of rapid urban growth, making them particularly relevant to many of the newly industrializing countries. In all some nine volumes are reproduced in their entirety, and these are supplemented by an original introduction and collection of contemporary essays.

Thorough study of the people of Bukhara and their relations with settled peoples and nomads, from Muscovy to China, and Iran to India. The book deals fully with dynastic, internal and external problems, trade routes, coinage policies and the khans' attempts to encourage trade.