Jeffrey G. Williamson – författare

As awareness of globalization grows, so too does our need to understand it historically. This volume is one of the few to consider globalization in the context of the history of international trade. Its eleven papers explore a synthesized variety of topics, including how the process of globalization can be measured by the long-term integration of markets, what trends and questions develop as markets converge and diverge, what roles technology and geography play, the effect of globalization on inequality and social justice, and the roles of political institutions in responding to such injustices. Ultimately this work provides a panoramic view of globalization, one that will offer much to readers interested in this crucial issue.

About 55 million Europeans migrated to the New World between 1850 and 1914, landing in North and South America and in Australia. This movement, which marked a profound and permanent shift in global population and economic activity, is described in vivid detail by Timothy J. Hatton and Jeffrey G. Williamson, and the causes and effects relative to this great relocation are soundly analysed. The Age of Mass Migration offers a thorough treatment of a period of vital development in the economic history of the modern world and, moreover, devotes much objective consideration to certain economic questions that still baffle us today: Why does a nation's emigration rate typically rise with early industrialization? How do immigrants choose their destinations? Are international labour markets segmented? Do immigrants truly "rob" jobs from locals? What impact do immigrants have on wage rates and living standards in the host country? In addressing these issues, and many of others, this book takes a new and comprehensive view of mass migration. Although somewhat controversial in terms of method--it assigns to a social phenomenon an economic explanation and interpretation-- The Age of Mass Migration will be useful to all students of migration, historical or contemporary, and to anyone interested in international economic activities.

About 55 million Europeans migrated to the New World between 1850 and 1914, landing in North and South America and in Australia. This mass migration marked a profound shift in the distribution of global population and economic activity. In this book, Timothy J. Hatton and Jeffrey G. Williamson describe the migration and analyze its causes and effects. Their study offers a comprehensive treatment of a vital period in the modern economic development of the Western world. Moreover, it explores questions that we still debate today: Why does a nation''s emigration rate typically rise with early industrialization? How do immigrants choose their destinations? Are international labor markets segmented? Do immigrants "rob" jobs from locals? What impact do migrants have on living standards in the host and sending countries? Did mass migration make an important contribution to the catching-up of poor countries on rich? Did it create a globalization backlash? This work takes a new view of mass migration. Although often bold and controversial in method, it is the first to assign an explicitly economic interpretation to this important social phenomenon. The Age of Mass Migration will be useful to all students of migration, and to anyone interested in economic growth and globalization.

As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization''s effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

This volume of papers from the Eighth World Congress deals with changes in proportions and growth rates of sectors of the economy in relation to economic development. It includes a survey of theories of sectoral balance and studies of structural transformation in the Kuznets traditon.

The studies in this exceptional volume explore the challenges and opportunities presented by globalization events prior to 1950, and identify how countries around the Mediterranean responded to them. In addition to comparative assessments of regional performance, the volume offers detailed case studies of Spain, Italy, the Balkans, Turkey, Israel and Egypt.

First Published in 2005. This thirteen-chapter title is divided into three parts and concludes with five appendices, references, and index. The first part focuses on income inequality and the historical state of wages. The second begins the discussion on the driving forces of economic inequality and equilibrating factors. The third provides a model for inequality in a resource-scarce open economy with data, theory, and debate. Appropriate for economic students and those interested in British economic history.

Late Nineteenth-Century American Development is an economist's attempt to interpret a critical period of US history, from Civil War to World War I. The questions raised have always been at the heart of American historiography. What accounts for the retardation up to the turn of the century? How did capital markets operate and what was their influence on the pace and pattern of our growth? What determined farm performance and what impact did that performance have on the economy as a whole? Yet while the questions raised in this book are familiar, the methods are not. This book blends traditional historical analysis with general equilibrium theory, modern macroeconomics and simulation analysis. The result is a provocative book of remarkable scope which offers a fresh interpretation of late nineteenth-century American growth.

Coping with City Growth assesses Britain's handling of city growth during the First Industrial Revolution by combining the tools used by Third World analysts with the archival attention and eclectic style of the economic historian. What emerges is an exciting and provocative accounts that have long occupied problem development economists: urban unemployment, underemployment, and the alleged failure of city labour markets to absorb the flood of rural emigrants; the persistent influx of newcomers, which makes it difficult for municipal planners to improve the quality of social overhead; the crowding of migrants into densely packed urban slums with few, if any, social services; and rising density and city size which augment pollution while lowering the quality of the urban environment.

The question of how inequality is generated and how it reproduces over time has been a major concern for social scientists for more than a century. Yet the relationship between inequality and the process of economic development is far from being well understood. These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with macroeconomic theories of incentives? In the second part Jeffrey Williamson discusses the Kuznets hypothesis, and focuses on the causes of the rise of wage and income inequality in developed economies.

The question of how inequality is generated and how it reproduces over time has been a major concern for social scientists for more than a century. Yet the relationship between inequality and the process of economic development is far from being well understood. These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with macroeconomic theories of incentives? In the second part Jeffrey Williamson discusses the Kuznets hypothesis, and focuses on the causes of the rise of wage and income inequality in developed economies.

Coping with City Growth assesses Britain's handling of city growth during the First Industrial Revolution by combining the tools used by Third World analysts with the archival attention and eclectic style of the economic historian. What emerges is an exciting and provocative accounts that have long occupied problem development economists: urban unemployment, underemployment, and the alleged failure of city labour markets to absorb the flood of rural emigrants; the persistent influx of newcomers, which makes it difficult for municipal planners to improve the quality of social overhead; the crowding of migrants into densely packed urban slums with few, if any, social services; and rising density and city size which augment pollution while lowering the quality of the urban environment.

Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income--and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain--and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis.In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves--from 1774 to 1860 and from the 1970s to today--rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.

Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income--and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain--and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis.In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves--from 1774 to 1860 and from the 1970s to today--rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.

In this study, Jeffrey G. Williamson examines the political economy of immigration backlash and immigration policy in two global centuries. The first, between 1820 and World War I, was a proglobal environment, characterized by booming trade, labor, and capital markets. It was followed by an antiglobal and autarchic retreat between 1914 and 1950. Williamson finds that the second global century has moved to reclaim world integration in trade and capital markets, but immigration policy in high-wage countries has not tried to reclaim an open stance.

The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.

The second volume of The Cambridge History of Capitalism provides an authoritative reference on the spread and impact of capitalism across the world, and the varieties of responses to it. Employing a wide geographical coverage and strong comparative outlook, a team of leading scholars explore the global consequences that capitalism has had for industry, agriculture, and trade, along with the reactions by governments, firms, and markets. The authors consider how World War I halted the initial spread of capitalism, but global capitalism arose again by the close of the twentieth century. They explore how the responses of labor movements, compounded by the reactions by political regimes, whether defensive or proactive, led to diverse military and welfare consequences. Beneficial results eventually emerged, but the rise and spread of capitalism has not been easy or smooth. This definitive volume will have widespread appeal amongst historians, economists, and political scientists.

The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.

The second volume of The Cambridge History of Capitalism provides an authoritative reference on the spread and impact of capitalism across the world, and the varieties of responses to it. Employing a wide geographical coverage and strong comparative outlook, a team of leading scholars explore the global consequences that capitalism has had for industry, agriculture, and trade, along with the reactions by governments, firms, and markets. The authors consider how World War I halted the initial spread of capitalism, but global capitalism arose again by the close of the twentieth century. They explore how the responses of labor movements, compounded by the reactions by political regimes, whether defensive or proactive, led to diverse military and welfare consequences. Beneficial results eventually emerged, but the rise and spread of capitalism has not been easy or smooth. This definitive volume will have widespread appeal amongst historians, economists, and political scientists.

The Cambridge History of Capitalism is a comprehensive two-volume work that provides an authoritative account of the evolution of capitalism and its spread and impact across the world. Adopting a wide geographical coverage and strong comparative perspective, an international team of leading scholars delve deep into the historical roots of capitalism and provide a definitive reference on the global development of capitalism and the varieties of responses to it. Volume 1 traces the rise of capitalism from distant origins in ancient Babylon to modern times, determining what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Volume 2 explores the global consequences that capitalism has had for industry, agriculture and trade, along with the reactions by governments, firms and markets. These groundbreaking volumes will have widespread appeal amongst historians, economists and political scientists.

The studies in this exceptional volume explore the challenges and opportunities presented by globalization events prior to 1950, and identify how countries around the Mediterranean responded to them. In addition to comparative assessments of regional performance, the volume offers detailed case studies of Spain, Italy, the Balkans, Turkey, Israel a

First Published in 2005. This thirteen-chapter title is divided into three parts and concludes with five appendices, references, and index. The first part focuses on income inequality and the historical state of wages. The second begins the discussion on the driving forces of economic inequality and equilibrating factors. The third provides a model for inequality in a resource-scarce open economy with data, theory, and debate. Appropriate for economic students and those interested in British economic history.

First Published in 2005. This thirteen-chapter title is divided into three parts and concludes with five appendices, references, and index. The first part focuses on income inequality and the historical state of wages. The second begins the discussion on the driving forces of economic inequality and equilibrating factors. The third provides a model for inequality in a resource-scarce open economy with data, theory, and debate. Appropriate for economic students and those interested in British economic history.

The economic and social problems of modern Scotland are the centre of much current debate about regional economic growth, social improvement and environmental rehabilitation. In this book, relevant as much today as when it was first published in 1975, Anthony Slaven argues that the extent and causes of these problems are frequently underestimated, thus making development policies less than fully effective.The major economic and social weaknesses of the west of Scotland are shown to be rooted in the regions former strengths. The author demonstrates how, although the region and its people have resisted change, a thriving and self reliant nineteenth-century economy , based on local resources and manpower, has given way in the present century to vanishing skills and products, unemployment and social deprivation. Since 1945 economic and social planning has helped to improve the situation, although many difficulties remain.Seen in the historical perspective provided by this revealing study, the present industrial problems of the west of Scotland, and their remedies, become clearer. Mr Slaven argues that the older industries deserve more help, for without this, he believes, the ineffectiveness of development policies is likely to be perpetuated.This book was first published in 1975.

The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the ''Promised Land'' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.

The second volume of The Cambridge History of Capitalism provides an authoritative reference on the spread and impact of capitalism across the world, and the varieties of responses to it. Employing a wide geographical coverage and strong comparative outlook, a team of leading scholars explore the global consequences that capitalism has had for industry, agriculture, and trade, along with the reactions by governments, firms, and markets. The authors consider how World War I halted the initial spread of capitalism, but global capitalism arose again by the close of the twentieth century. They explore how the responses of labor movements, compounded by the reactions by political regimes, whether defensive or proactive, led to diverse military and welfare consequences. Beneficial results eventually emerged, but the rise and spread of capitalism has not been easy or smooth. This definitive volume will have widespread appeal amongst historians, economists, and political scientists.

The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the ''Promised Land'' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.