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The growth of the Belgian economy since 1945 is surveyed with emphasis on the distinction between open and sheltered sectors. Relatively slow growth to around 1960 is explained by a move away from traditionally liberal industrial policies that began in the crisis of the 1930s, by the squeeze on...
Persistent link: https://www.econbiz.de/10005792320
In the middle of the twentieth century, Belgium seems to have undergone a fairly rapid transformation from a relatively low-wage economy to a high-wage economy. How could Belgian business handle this change in its cost structure? Was it through exceptional technical progress? The best-known...
Persistent link: https://www.econbiz.de/10005682189
Strange Times. There were back-to-back harvest failures in 1799-1800, coming fast on the heels of the insurrections of 1798. The result was massive and sustained inflation in food prices. The conundrum is why there was so little excess mortality. Our approach is to begin by discussing the...
Persistent link: https://www.econbiz.de/10012106117
This paper offers an overview of the development of European industry between 1700 and 1870, drawing in particular on the recent literature that has emerged following the formation of the European Historical Economics Society in 1991. The approach thus makes use of economic analysis and...
Persistent link: https://www.econbiz.de/10009440266
Shipping was central to the rise of the Atlantic economies, but an extremely hazardous activity: in the 1780s, roughly five per cent of British ships sailing in summer for the United States never returned. Against the widespread belief that shipping technology was stagnant before iron...
Persistent link: https://www.econbiz.de/10012389350
Broadberry, Guan and Li (2018) made estimates for China's GDP per capita from 980 to 1840 in order to date the onset of the Great Divergence between China and western European economies. In response to Solar's (2021) criticisms, they (2021) made some revisions to the estimates but largely...
Persistent link: https://www.econbiz.de/10012669566
This paper investigates the early development of English cotton spinning by analyzing about 700 bankruptcies and 1300 dissolutions of partnership reported in the London Gazette, 1770-1840. The data show two temporal cycles, peaking in the early to mid-1800s and in the later 1820s, near the ends...
Persistent link: https://www.econbiz.de/10013152329
This paper offers an overview of the development of European industry between 1700 and 1870, drawing in particular on the recent literature that has emerged following the formation of the European Historical Economics Society in 1991. The approach thus makes use of economic analysis and...
Persistent link: https://www.econbiz.de/10011251151