Economics and World History: Myths and ParadoxesWe cherish many myths about our histories. Not the least of these myths are those about economic history: such as the roots of depressions, the causes of growth and the reasons behind nations' different stages of economic development. Paul Bairoch sets out in this book to demolish 18 such myths and to reveal generally unnoticed but economically important turning points in modern economic history. |
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Page 85
... cotton manufactures were exported . Of those exports , a large share went to future Third World countries , among them many British colonies . Also , one should not forget that cotton yarn was then a very important sector , in terms of ...
... cotton manufactures were exported . Of those exports , a large share went to future Third World countries , among them many British colonies . Also , one should not forget that cotton yarn was then a very important sector , in terms of ...
Page 157
... cotton to the Third World For centuries , raw cotton , like sugar , was one of the principal primary goods exported by the future Third World to Europe . This trade probably began in the thirteenth century and for a long time the main ...
... cotton to the Third World For centuries , raw cotton , like sugar , was one of the principal primary goods exported by the future Third World to Europe . This trade probably began in the thirteenth century and for a long time the main ...
Page 158
... cotton and this increased to 9,000–12,000 around 1750. In terms of volume , raw cotton was probably the second largest export product of the Third World after sugar . As cotton lent itself much more easily to the process of spinning ...
... cotton and this increased to 9,000–12,000 around 1750. In terms of volume , raw cotton was probably the second largest export product of the Third World after sugar . As cotton lent itself much more easily to the process of spinning ...
Contents
The 1929 Crash and the Great Depression | 1 |
Was there a Golden Era of European Free Trade? | 16 |
Was there Free Trade in the Rest of the World? | 30 |
Copyright | |
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agricultural products Australia Bairoch Britain British capita GNP cereals Chapter China coal colonial commercial policy compared consumption Continental Europe Corn Laws cotton decline deficit depression developed world economic development economic growth Economic History economists Empire energy especially estimate European countries excluding fact factors figures foreign trade France free trade future Third World Germany GNP per capita higher implies import duties Industrial Revolution international trade Japan Latin America League of Nations less liberal major manufactured products million tons myths negative nineteenth century Ottoman Empire period petroleum population growth primary probably protection protectionism protectionist raw materials regions represented result role sectors share situation Statistics sugar Table tariff of 1842 terms of trade textile Third World market total exports Trade balance trade policy treaty tropical turning point unemployment United Kingdom urbanization various issues volume Western developed countries Western Europe World market economies World War II