Trials of Convergence: Prices, Markets and Industrialization in the Netherlands, 1800-1913: 14 (Library of Economic History, 14) - Hardcover
Book 14 of 21: Library of Economic History
Synopsis
Trials of Convergence analyses the nineteenth century industrialization of the Netherlands from the perspective of prices and factor costs. It shows that its retarded transition was due to the confluent effect of open economy forces, endowments and the erratic adjustment of economic and fiscal institutions.
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About the Author
Arthur van Riel is senior research fellow at the Netherlands Scientific Council for Government Policy. His earlier books and papers covered Dutch early modern and 19th century economic history and the political economy of the Weimar Republic. He has also published on a variety of policy issues, among which the European Monetary Union and the evolution of money, banking and private debt.
"About this title" may belong to another edition of this title.
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Trials of Convergence: Prices, Markets and Industrialization in the Netherlands, 1800-1913: 14 (Library of Economic History)
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Trials of Convergence: Prices, Markets and Industrialization in the Netherlands, 1800-1913
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Condition: New. Über den AutorArthur van Riel is senior research fellow at the Netherlands Scientific Council for Government Policy. His earlier books and papers covered Dutch early modern and 19th century economic history and the political . Seller Inventory # 443664352
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Trials of Convergence
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Koninklijke Brill BV Jun 2021, 2021
ISBN 10: 9004460799
ISBN 13: 9789004460799
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Buch. Condition: Neu. Neuware - For over a century now, historians have debated the causes of the lagged industrialization of the Dutch economy during the nineteenth century. To this debate, Trials of Convergence brings the analytical perspective of prices, factor costs and the functioning of markets. Its critical insight is that only an approach based on the integrated incentive structure of the economy allows us to delimit the role of alternative explanations. Using statistical reconstruction and microdata, it shows that the retarded transition resulted from a confluence of forces. These ranged from open economy effects and natural endowments to the resilient influence of the institutions of the former Dutch Republic and the fiscal policy adopted in response to Belgian secession. At the height of the British Industrial Revolution the Dutch economy slowed, triggering a return to the problems of eighteenth-century stagnation. All this meant that the transition to 'modern economic growth' after 1860 came about only in a changed international context and after a period of politico-economic reform. Seller Inventory # 9789004460799