The main focus of this edited volume is an examination of dynamic relationships among Japan, Taiwan, Korea, and the northeastern region of China, and the economic development of each area in East Asia from the 1910s to the end of World War II. The development of foreign trade in East Asia, the relations between industrialization and consumption in Korea, the transactions in fertilizers and the development of small-scale industries in Taiwan are precisely examined. At present, East Asia is a major economic center of the world. It is necessary to look closely not only at both sides of the "exploitation or development under colonization" paradigm but also at the prewar factors that spurred East Asian economic growth in the postwar decades. A noteworthy characteristic of the Japanese colonial empire was the close economic and geographic relations among Japan, Taiwan, Korea, and the northeastern region of China. Economic integration within the empire strengthened considerably in the interwar years and remained high even during the war as compared to that in European countries and their colonies. What was the irreversible change in each colonial economy by means of forced incorporation into the Japanese empire? What was the impact on economic subjects such as merchants, manufacturers, managers, and workers through the colonial regime? This book provides readers with broad perspectives that are indispensable given that the factors discussed herein are the historical origins of current issues.

While contemporary academia has successfully exposed the negative effects of power - wars, expansionism, ideological impositions, exportation of domestic economic constraints - less attention is paid to the legitimacy of power exercised exclusionarily to reward only allies, even if not aggressively aimed to harm others. This book explores the exclusionary dimensions of the postwar liberal economic system created under US hegemonic leadership, limitations which deny the US-led postwar economic liberalism legitimacy as a public good and undermined its efficacy.

Are institutions the main cause of sustained economic growth? Institutions and Small Settler Economies provides a comprehensive improvement in our understanding of institutional contributions to economic growth based on North, Wallis and Weingast's (NWW) institutional theory. In this exciting new volume, Schlueter offers a substantial range of novel insights into the socio-economic development trajectories of two deliberately selected New World economies: New Zealand and Uruguay. This study sets itself apart from other publications through its impartial analysis of the strengths and limitations of leading institutional scholarship, as well as its rigorous comparative methodology involving a substantial set of quantitative and qualitative data.

The Irish Famine of 1845-49 was a major modern catastrophe. The return of the potato blight in 1846 triggered a huge exodus of destitute Irish seeking refuge in British towns and 1847 witnessed an unprecedented inflow of Irish refugees into Britain. This book examines the scale of that refugee immigration, the conditions under which the refugees were carried to Britain, the relief operations mounted, the horrors of the typhus epidemic in Liverpool, Glasgow, Manchester, South Wales and the North-East, and the financial cost to the British ratepayers.

Part of a fully indexed 20-volume collection which gathers together significant research contributions on the social, religious and political history of women in the United States, from colonial times to the 1990s.

This study seeks to demonstrate the subtle ways in which changes in the language associated with economic issues are reflective of a gradual but quantifiable conservative ideological shift. In this rigorous analysis, David George uses as his data a century of word usage within The New York Times, starting in 1900. It is not always obvious how the changes identified necessarily reflect a stronger prejudice toward laissez-faire free market capitalism, and so much of the book seeks to demonstrate the subtle ways in which the changing language indeed carries with it a political message. This analysis is made through exploration of five major areas of focus: "economics rhetoric" scholarship and the growing "behavioral economics" school of thought; the discourse of government and taxation; the changing meaning of "competition," and "competitive"; changing attitudes toward labor; and the celebration of growth relative to the decline in attention to economic justice and social equality.

Building on the pioneering work by the Nobel Memorial Laureate, John Nash, Professor Thomson has brought together a broad selection of seminal articles which analyse and discuss bargaining and the theory of cooperative games. Beginning with a distinguished collection of papers discussing the origins of game theory, this volume systematically explores its development as a tool to illuminate economic behaviour. It includes the work of highly accomplished academics whose discoveries over the years have shaped the direction of this subject. With his insightful introduction, the editor has ensured that this indispensable book is suitable for anyone with an interest in cooperative gaming.

The 'Land Question' occupied a central place in political and cultural debates in Britain for nearly two centuries. From parliamentary enclosure in the mid-eighteenth century to the fierce Labour party debate concerning the nationalisation of land after World War II, the fate of the land held the power to galvanize the attention of the nation.

Joan Robinson is widely considered to be amongst the greatest economists of the 20th Century. This book provides a comprehensive study of her life and work, examining her role in the making of The General Theory, her critical interest in Marxian eocnomics, her contributions to Labour Party policy and her writings on development, especially China.

The thesis of this book is that there are one set of equations that can define any trip between an origin and destination. The idea originally came from work that I did when applying the hydrodynamic analogy to study congested traffic flows in 1981. However, I was disappointed to find out that much of the mathematical work had already been done decades earlier. When I looked for a new application, I realised that shopping centre demand could be like a longitudinal wave, governed by centre opening and closing times. Further, a solution to the differential equation was the gravity model and this suggested that time was somehow part of distance decay. This was published in 1985 and represented a different approach to spatial interaction modelling. The next step was to translate the abstract theory into something that could be tested empirically. To this end, I am grateful to my Ph. D supervisor, Professor Barry Garner who taught me that it is not sufficient just to have a theoretical model. This book is an outcome of this on-going quest to look at how the evolution of the model performs against real world data. This is a far more difficult process than numerical simulations, but the results have been more valuable to policy formulation, and closer to what I think is spatial science. The testing and application of the model required the compilation of shopping centre surveys and an Internet data set.

A seeming constant in the history of capitalism, greed has nonetheless undergone considerable transformations over the last five hundred years. This multilayered account offers a fresh take on an old topic, arguing that greed was experienced as a moral phenomenon and deployed to make sense of an unjust world. Focusing specifically on the interrelated themes of religion, economics, and health-each of which sought to study and channel the power of financial desire-Jared Poley shows how evolving ideas about greed became formative elements of the modern experience.

The reversion of Hong Kong to China on 1 July 1997 is an event of major historical significance. This volume examines this dramatic event from a long-term perspective against the background of earlier turning points in Hong Kong's political, economic and social history. It also explores Hong Kong's links with China and Britain in this troubled last decade of colonial rule, and offers a basis for assessing the territory's possible future as a part of the Chinese state.

China's dramatic economic transformation can only be understood in relation to her modern history. David Pyle reviews the post-1978 reform process in the context of two centuries of Chinese economic, social and political history. Agricultural, industrial and financial reforms and the attraction of foreign trade and direct investment are analysed in detail. The conclusion compares China's gradualist approach with the 'big bang' of Eastern Europe and the former Soviet Union, examining China's prospects and the lessons to be learnt elsewhere. 4

The British Industrial Revolution has long been seen as the spark for modern, global industrialization and sustained economic growth. Indeed the origins of economic history, as a discipline, lie in 19th-century European and North American attempts to understand the foundation of this process. In this book, William J. Ashworth questions some of the orthodoxies concerning the history of the industrial revolution and offers a deep and detailed reassessment of the subject that focuses on the State and its role in the development of key British manufactures. In particular, he explores the role of State regulation and protectionism in nurturing Britain's negligible early manufacturing base. Taking a long view, from the mid 17th century through to the 19th century, the analysis weaves together a vast range of factors to provide one of the fullest analyses of the industrial revolution, and one that places it firmly within a global context, showing that the Industrial Revolution was merely a short moment within a much larger and longer global trajectory. This book is an important intervention in the debates surrounding modern industrial history will be essential reading for anyone interested in global and comparative economic history and the history of globalization.

Funding infrastructure has always been a challenging issue in any country and at any time, yet the topic is still largely unexplored. The social returns of investment in water, roads, railways, or more recently telegraph or communication satellites are often apparent in the long run, but this distant horizon poses special problems to governments and investors. This volume provides a broad overview of the main financing solutions implemented in Europe to support infrastructures from the fall of the Roman Empire up to the end of the 20th century. It explores the diverse historical paths pursued in order to solve the problem of infrastructure finance in various European countries, and draws upon the findings of an international and interdisciplinary research project. It brings together case studies by economic historians, economists, and engineers, and the clear taxonomy guides the reader through the financing solutions that have been developed to fund infrastructure over almost three thousand years. The volume is organized into four parts; after an introductory chapter by the editors, Part One offers 'horizontal' contributions that cover the history of European infrastructure finance. Parts Two, Three, and Four each focus on a single sector, namely water, transport, and telecommunications. The findings show how history can inform thinking on contemporary infrastructure problems.

This book - the second of two volumes- looks at episodes in American economic history from a public choice perspective. Each chapter discusses citizens, special interests, and government officials responding to economic incentives in both markets and politics. In doing so, the book provides fresh insights into important periods of American history, from the First Nationalist Movement of 1783 to the perpetual renewal of the Federal Reserve in 1927. This volume features the work of prominent economic historians such as Hugh Rockoff; well-known public choice scholars such as Joshua Hall and J.R. Clark; and younger scholars such as Marcus Witcher and Zachary Gocenour. This book will be useful for researchers and students interested in economics, history, political science, economic history, public choice, and political economy.

This book provides a historical narrative to tell the story of interwar German reparations the debates, controversies and diplomacy surrounding the issue from the 1919 Paris peace conference to the abandonment of reparations at the Lausanne Conference in 1932.

A Financial Times Economics Book of the Year A brilliant narrative of early capitalism's most famous scandal, a speculative frenzy that nearly bankrupted the British state during the hot summer of 1720 - and paradoxically led to the birth of modern finance. The South Sea Company was formed to trade with Asian and Latin American countries. But it had almost no ships and did precious little trade. Instead it got into financial fraud on a massive scale, taking over the government's debt and promising to pay the state out of the money received from the shares it sold. And how they sold. In the summer of 1720 the share price rocketed and everyone was making money. Until the carousel stopped, and thousands lost their shirts. Isaac Newton, Alexander Pope and others lost heavily. Thomas Levenson's superb account of the South Sea Bubble is not just the story of a huge scam, but is also the story of the birth of modern financial capitalism: the idea that you can invest in future prosperity and that governments can borrow money to make things happen, like funding the rise of British naval and mercantile power. These dreamers and fraudsters may have bankrupted Britain, but they made the world rich. Praise for Money For Nothing: 'A scholar who makes complicated and subtle matters not just accessible but fun. Utterly relevant to the 2008 financial crisis and 2020 pandemic' SIMON SEBAG MONTEFIORE 'Thoroughly researched and vibrantly written, Money For Nothing captures those heady, heartbreaking times, which still hold lessons for today' DAVID KAISER 'A gripping story of scientists and swindlers, all too pertinent to our modern world' JAMES GLEICK 'It's easy to look back and think of the South Sea bubblers, like the tulip-mad Dutch of the 1630s, as financially naive - until you remember how many people jumped in on various other more recent crazes (from Beanie Babies to Pets.com and Bitcoin). This is not a new tale, but Levenson tells it with a light touch' SPECTATOR

This volume includes seven papers in quantitative economic history. Four were accepted through our regular channels. These include Harald Edquist and Magnus Henrekson on "Technological Breakthroughs and Productivity Growth," Scott Redenius on "New National Bank Loan Rate Estimates, 1887-1975," Ebru Guven Solakoglu on the "Net Effect of Railroads on Stature in the Post Bellum Economy," and Pedro Lains on "Growth in a Protected Environment, Portugal, 1850-1950." Three papers are from a 2004 conference, Towards a Global History of Prices and Wages. These include Metin Cosgel on "Agricultural Productivity in the Early Ottoman Empire," Johan Soderberg on "Grain Prices in Cairo and Europe in the Middle Ages," and Jun Seong Ho and James Lewis on "Wages, Rents, and Interest Rates in Southern Korea, 1700 to 1900."

The Global Financial Crisis has reshuffled the cards for central banks throughout the world. In the wake of the biggest crisis since the Great Depression, this volume traces the evolution of modern central banking over the last fifty years. It takes in the inflationary chaos of the 1970s and the monetarist experiments of the 1980s, eventually leading to the New Monetary Consensus, which took shape in the 1990s and prevailed until 2007. The book then goes on to review the limitations placed on monetary policy in the aftermath of the global meltdown, arguing that the financial crisis has shaken the new monetary consensus. In the aftermath of the worst crisis since the Great Depression, the book investigates the nature of present and future monetary policy. Is the Taylor rule still a satisfactory monetary precept for central bankers? Has the New Monetary Consensus been shaken by the Global Financial Crisis? What are the fundamental issues raised by the latter cataclysmic chain of events? How should central banks conceptualize monetary policy anew in a post-crisis scenario? Existing books have dwelt extensively on the characteristics of the New Monetary Consensus, but few have cast light on its relevance in a post-crisis scenario. This book seeks to fill this gap, drawing on the lessons from five decades of contrasted theoretical approaches ranging from Keynesianism, monetarism, new classical macroeconomics, inflation targeting and more recently, pragmatic global crisis management.

Cloth has always been the most global of all traded commodities. It is an illuminating example of the circulation of goods, skills, knowledge and capital across wide geographic spaces. South Asia has been central to the making of these global exchanges over time. This volume presents innovative research that explores the dynamic ways in which diverse textile production and trade regions generated the 'first globalization'. A series of experts connect this global commodity with the dramatic political and economic transformations that characterised the Indian Ocean in the seventeenth and eighteenth centuries. Collectively, the essays transform our understanding of the contribution of South Asian cloth to the making of the modern world economy.

This book is made up of a collection of papers from the 'Revisiting the livery companies of early modern London' conference held in April 2000 by the CMH, exploring the history of London livery companies from a variety of perspectives. Employing historical and interdisciplinary approaches, it examines print culture and early histories, civic myths, charity, the family, artisans, mercantile elites and the control and regulation of guild and economy. Contributions by Ian W. Archer, Matthew Davies, John Forbes, Ian Anders Gadd, Perry Gauci, Ronald F. Homer, Mark Jenner, Derek Keene, Giorgio Riello, James Robertson, Patrick Wallis and Joseph P. Ward.

English Historical Documents is the most ambitious, impressive and comprehensive collection of documents on English history ever published. An authoritative work of primary evidence, each volume presents material with exemplary scholarly accuracy. Editorial comment is directed towards making sources intelligible rather than drawing conclusions from them. Full account has been taken of modern textual criticism. A general introduction to each volume portrays the character of the period under review and critical bibliographies have been added to assist further investigation. Documents collected include treaties, personal letters, statutes, military dispatches, diaries, declarations, newspaper articles, government and cabinet proceedings, orders, acts, sermons, pamphlets, agricultural instructions, charters, grants, guild regulations and voting records. All volumes contain extra apparatus including genealogical tables, lists of officials, chronologies, diagrams, graphs and maps.