This collection brings together a comprehensive selection of documents from the history of US and Canadian economic thought from the 17th century through to 1900.
History matters. At the beginning of a new century and amidst the turmoil of a new democracy, a historical perspective on modern Indonesia is needed more than ever. This innovative economic history connects back to the colonial era and helps to explain why the transition from colonialism to Independence and from the New Order to democracy has been so difficult and sometimes traumatic. The Emergence of a National Economy identitifies three grand themes in this transformation: globalisation, state formation and economic integration. Globalisation affected the Indonesian archipelago even before the arrival of the Dutch—the New Order experience was only the most recent wave. Modern state formation began in Java under Governor-General Daendels (1808-11) and culminated in the centralised, military-bureaucratic state of Soeharto's New Order (1966-98). A national economy emerged gradually from the 1930s as the Outer Islands were reoriented towards an industrialising Java. These three themes link chronological chapters from the pre 1800 period through the modern colonial era to the breakdown of the colonial system after 1930, the birth of modern Indonesia, the remarkable economic transformation under the New Order, and the 'meltdown' during the Asian crisis of 1997/98. This overarching story gives a unity and rythm to Indonesia's modern history, while helping to explain why the future is likely to be different. The four authors—senior scholars from Australia (Howard Dick), Germany (Vincent Houben), the Netherlands (Thomas Lindblad) and Indonesia (Thee Kian Wie)—draw on a very wide range of sources to combine the insights of history, economic history and economics.
The course of economic change in twentieth century Cambodia was marked by a series of deliberate ""conscious human efforts"" that were typically extreme and ideologically driven. While colonization, protracted war and violent revolution are commonly blamed for Cambodia's failure to modernize its economy in the twentieth century, Margaret Slocomb's Economic History of Cambodia in the Twentieth Century questions whether these circumstances changed the underlying structures and relations of production. She also asks whether economic factors in some way instigated war and revolution. In exploring these issues, the book tracks the erratic path taken by Cambodia's political elite and earlier colonial rulers to develop a national economy. The book closes around 2005, by which time Cambodia had be reintegrated into both the regional and into the global economy as a fully-fledged member of the World Trade Organization. To document Cambodia's path towards a modern economy, the author draws on resources from the State Archives of Cambodia not previously referenced in scholarly texts. The book provides information that is academically important but is also relevant to investors, aid workers and development specialists seeking to understand the shift from a traditional to a modern market economy.
"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
This collection brings together a comprehensive selection of documents from the history of US and Canadian economic thought from the 17th century through to 1900.
This book provides a detailed intellectual and critical history of the economy, explaining how the economy came to be analytically separated from its social and political moorings in the 19th century. It offers a historical perspective on current IPE concerns, and links IPE with the growing field of contextualist intellectual history.
Offering new research on strategic factors in the development of the nineteenth century American economy—labor, capital, and political structure—the contributors to this volume employ a methodology innovated by Robert W. Fogel, one of the leading pioneers of the "new economic history." Fogel's work is distinguished by the application of economic theory and large-scale quantitative evidence to long-standing historical questions. These sixteen essays reveal, by example, the continuing vitality of Fogel's approach. The authors use an astonishing variety of data, including genealogies, the U.S. federal population census manuscripts, manumission and probate records, firm accounts, farmers' account books, and slave narratives, to address collectively market integration and its impact on the lives of Americans. The evolution of markets in agricultural and manufacturing labor is considered first; that concerning capital and credit follows. The demography of free and slave populations is the subject of the third section, and the final group of papers examines the extra-market institutions of governments and unions.
This collection brings together a comprehensive selection of documents from the history of US and Canadian economic thought from the 17th century through to 1900.