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Books > History > History of specific subjects > Economic history
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Grain Markets in Europe, 1500-1900 - Integration and Deregulation (Paperback)
Loot Price: R915
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Grain Markets in Europe, 1500-1900 - Integration and Deregulation (Paperback)
Series: Cambridge Studies in Modern Economic History
Expected to ship within 12 - 17 working days
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In this 1999 book, Karl Gunnar Persson surveys a broad sweep of
economic history, examining one of the most crucial markets -
grain. His analysis allows him to draw more general lessons, for
example that liberalization of markets was linked to political
authoritarianism. Grain Markets in Europe traces the markets' early
regulation, their poor performance and the frequent market
failures. Price volatility caused by harvest shocks was of major
concern for central and local government because of the unrest it
caused. Regulation became obsolete when markets became more
integrated and performed better through trade triggered by falling
transport costs. Persson, a specialist in economic history, uses
insights from development economics, explores contemporary economic
thought on the advantages of free trade, and measures the extent of
market integration using the latest econometric methods. Grain
Markets in Europe will be of value to scholars and students in
economic history, social history and agricultural and institutional
economics.
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