for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …

Introduction : geographical and historical background -- The world economy at the turn of the first millennium -- World … trade 1000-1500 : the economic consequences of Genghis Khan -- World Trade 1500-1650 : old world trade and new world silver … -- World trade 1650-1780 : the age of mercantilism -- Trade and the industrial revolution -- World trade 1780-1914 : the great …