Library of Economic History

The monograph Actors of Globalization portrays a group of New York businessmen engaged in global trade from 1784 to 1812. It follows their businesses around the world and shows how through wit, flexibility, and the help of a worldwide net of business partners the merchants were able to quickly rise to global entrepreneurs speculating on wars, food crises and slave revolts. The ramifications of their commerce were felt at home, where the merchants invested in land and city development, established new financial institutions and contributed to a rising consumer culture. This book brings together global and local history, arguing that private actors played an important role in the economic and social development of the young United States.

This study offers the first complete overview of the remarkable public finances of the Dutch Republic of the United Provinces. Wantje Fritschy has analysed the development and structure of its public revenue and expenditure. She argues that a ‘tax revolution’ and the ‘fiscal resilience’ of the provinces together were more important for its surprising performance than Holland’s public debt alone, and the institutional and economic characteristics of its ‘urban system’ were more important than wealth due to foreign trade. Comparisons with the fiscal systems of three more centralized states - the Venetian Republic, Britain and the Ottoman Empire - underline the crucial importance of long-term ‘urbanization trajectories’ in understanding early-modern fiscal performance. It was not because it was federal that the Dutch Republic collapsed.

India, Modernity and the Great Divergence is an original and pioneering book about India’s transition towards modernity and the rise of the West. The work examines global entanglements alongside the internal dynamics of 17th to 19th century Mysore and Gujarat in comparison to other regions of Afro-Eurasia. It is an interdisciplinary survey that enriches our historical understanding of South Asia, ranging across the fascinating and intertwined worlds of modernizing rulers, wealthy merchants, curious scholars, utopian poets, industrious peasants and skilled artisans. Bringing together socio-economic and political structures, warfare, techno-scientific innovations, knowledge production and transfer of ideas, this book forces us to rethink the reasons behind the emergence of the modern world.

This book follows the renovation of European economic history towards a more unified interpretation of sources of growth and stagnation. To better understand the diversity of patterns of growth, we need to look beyond the study of the industrialization of the core economies, and explore the centuries before it occurred. Portuguese agriculture was hardly ever at the European productivity and technological forefront and the distance from it varied substantially across the second Millennium. Yet if we look at the periods of the Christian Reconquista, the recovery from the Black Death, the response to the globalization of the Renaissance, to the eighteenth century economic enlightenment, or to nineteenth century industrialization, we may conclude that agriculture in this country of the European periphery was often adaptive and dynamic. The fact that economic backwardness was not overcome by the end of the period is no longer the most relevant aspect of that story.

Contributors are: Luciano Amaral, Amélia Branco, Dulce Freire, António Henriques, Pedro Lains, Susana Münch Miranda, Margarida Sobral Neto, Jaime Reis, Ana Maria Rodrigues, José Vicente Serrão and Ester G. Silva.

In Carriers of Growth? Ann Coenen sheds new light on the vigorous debate about international trade and economic development in the Early Modern Period. The Austrian Netherlands offer an intriguing case that challenges ruling opinions within the largely Anglo-Saxon literature.

By focusing on a number of key trade sectors (salt, textiles, colonial commodities, coal and grain) Ann Coenen exposes the various effects of trade and trade policy throughout all layers of the eighteenth-century society.

This book analyzes the evolution of the institutional structure of the Dutch political economy since 1950. It sketches in broad strokes the origin and economic role of coordination in the Netherlands. The Dutch economy is compared with other OECD countries by using the ‘varieties of capitalism’ theory and distinguishing between coordinated and liberal market economies. The author focuses on the constant adaptation of deliberative institutions in the business system, in labor relations, and in welfare policy.
The complex institutional setting did not prevent the economy from participating in the globalization of markets and capital that took place since ca. 1980. The book is located at the intersection of two quite different literatures: modern economic history and the political science literature on ‘varieties of capitalism’.

Based on a number of historical documents, Breaking into the Monopoly examines how the commercial pressure groups of Glasgow, Liverpool, and Manchester organised nationwide campaigns to break into the British East India Company’s monopoly for free access to Asian markets from 1812-1813 and 1829-1833. The analysis includes various aspects of the campaigners’ motives, strategies, methods, and networks, as well as their relationship with the London mercantile society in nineteenth-century Britain. The author, Yukihisa Kumagai, brings new insights to the question regarding the connection between the rapidly growing provincial mercantile and manufacturing interests and Britain’s economic and imperial policies during the Industrial Revolution.

Set within the growing literature on European economy in the late 18th and early 19th century, this book furnishes a “pre-history” to Norway’s rapid structural transformation and accelerated economic growth after the mid-nineteenth century. It argues that Norway in the long 18th century benefitted from an export-led growth, which exploited its abundant natural resources. The income from exports fuelled a substantial increase in consumption among rural households, while “pluriactivity”, a household strategy to balance market oriented production and consumption with self sufficiency in the insufficiently developed market succeeded in offering a “soft way” toward modern market society.

It seems undeniable that Jan de Vries has cast an indelible impression upon the field of early modern economic history. With his rejection of traditional models that left pre-industrial Europe with little to no role to play in modern development, de Vries’ work has laid claim to the rich significance of the early modern period as the birth of the contemporary West. Culminating in The Industrious Revolution: Consumer Behavior and the Household Economy 1650 to the Present (2008), his work has changed the way scholars conceptualize and study this dynamic period, as the contributors in this volume attest. Utilizing the methods and concepts pioneered by de Vries, these authors display the depth and breadth of his influence, with applications ranging from trade to architecture, from the Netherlands to China, and from the 1400s to the present day.

Trading Places is winner of the triennial Historical Research Award of Italy Studies (2012).

This book deals with the Netherlandish merchant community in sixteenth- and seventeenth-century Venice. It examines the merchants’ commercial activities, their social and communal relations, as well as their interaction with the Venetian state, which was accustomed to protect its own trade. The Netherlandish merchants in Venice, as part of an extensive international trading network, were ideally placed to connect Mediterranean and Atlantic commerce. They quickly became the most important group of foreign merchants in the city at a time of rapid economic changes. Drawing on a wide variety of primary sources, this book shows how these immigrant traders used their strong commercial position to secure a place in Venice. It demonstrates how the changing balance of international commerce affected early modern Venetian society.