This work, first published in 1977, is a reissue of a trailblazing
work; the first textbook of economic history to deal
comprehensively with the economic development of the whole
continent in this period and to do so from a continental rather
than a British perspective. But it is more than merely a textbook:
it is an interpretative synthesis of the wide range of research on
this subject in many countries. As such it will be an indispensable
guide for teachers and will extend and improve the scope of
teaching by making available for the first time in English the
results of continental research. In addition, it is a work of
fundamental interest to economists in which theories and hypotheses
of economic development are now examined in a much wider historical
context. In this way the book is an exploration of the objective
validity of earlier theories and the starting point for further
research into economic development and european history. The work
covers the continental development of the German and French
economies after 1870 and then in that context analyses the
development of the smaller western economies. It then considers the
relatively underdeveloped economies of eastern and southern Europe
and includes the first attempt at a synthesis of economic
development before 1914 in the Balkans. It concludes with an
analysis of the international economy and its relationship to the
economic development of the continent.
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