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Globalization and History - The Evolution of a Nineteenth-Century Atlantic Economy (Paperback, Revised)
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Globalization and History - The Evolution of a Nineteenth-Century Atlantic Economy (Paperback, Revised)
Series: The Mit Press
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Kevin O'Rourke and Jeffrey Williamson present a coherent picture of
trade, migration, and international capital flows in the Atlantic
economy in the century prior to 1914-the first great globalization
boom, which anticipated the experience of the last fifty years.
Globalization is not a new phenomenon, nor is it irreversible. In
Gobalization and History, Kevin O'Rourke and Jeffrey Williamson
present a coherent picture of trade, migration, and international
capital flows in the Atlantic economy in the century prior to
1914-the first great globalization boom, which anticipated the
experience of the last fifty years. The authors estimate the extent
of globalization and its impact on the participating countries, and
discuss the political reactions that it provoked. The book's
originality lies in its application of the tools of open-economy
economics to this critical historical period-differentiating it
from most previous work, which has been based on closed-economy or
single-sector models. The authors also keep a close eye on
globalization debates of the 1990s, using history to inform the
present and vice versa. The book brings together research conducted
by the authors over the past decade-work that has profoundly
influenced how economic history is now written and that has found
audiences in economics and history, as well as in the popular
press.
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