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The paper explores the link between international economic integration and technological capability in colonial India. The example of iron industry shows that many new ideas and skills flowed into India from Europe, but not all met with commercial success. The essay suggests that in those fields...
Persistent link: https://www.econbiz.de/10005870462
The Great War of 1914-18 constituted a major rupture for the economies of Europe in several respects. It marked the end of almost a century of uninterrupted economic growth. It ended a long period of near-universal currency stability, and set in motion a painful process of de-globalisation. It...
Persistent link: https://www.econbiz.de/10005870493
Today efficient states can be represented as sovereign authorities governing successful economies that provide high, stable and rising standards of welfare for their citizens. Such states emerged slowly and painfully over centuries of geopolitical rivalry and conflict among aristocracies for...
Persistent link: https://www.econbiz.de/10005870506
This paper explores the pre-First World War Austro-Hungarian economy as a prominent case where growing conflict between …
Persistent link: https://www.econbiz.de/10005870567
Research into the origins of economic growth in the late nineteenth century Habsburg Empire has so far suffered from a lack of evidence on the evolution of the capital stock. As a first step towards a more comprehensive documentation of the role played by factor inputs in the Habsburg growth...
Persistent link: https://www.econbiz.de/10005870568