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Historical Foundations of Globalization
The Globalization of the World Economy Series No. 5
This volume offers an impressive collection of scholarly papers which investigate the historical foundations of globalization before 1945. The book explores the effects of the nineteenth century technologies of the railway, the telegraph and the steamship which promoted the globalization process by boosting trade across frontiers and triggering migration of labour and flows of capital to the temperate areas of agriculture. The colonial empires, in particular the British Empire, facilitated the process, as the integration of capital markets and monetary systems and methods of business organization followed trade and labour. The volume also covers the time between the wars, when impediments to trade, migration and currency movements increased and led to a period of deglobalization and divergence.
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What Reviewers Are Saying
'It has been nicely produced by the publishers, who have reprinted the extracts in their original style. It will feature on many reading lists and will be recommended by economic historians to their students ... It will be conveniently consulted as an alternative source for many scholarly articles in international economic history. It will provide plenty of academic nourishment...' -- Robert G. Greenhill, Business History