Lecture
Schedule
Part 1 (1850-1914) |
| Lecture
1 |
Introduction: Definition of
the International economy and the concept of globalisation.
Wallerstein’s world-system; core and periphery;
world economic history in the long-term; cycles and waves
- Kondratieff, Kuznets, Juglar and Kitchin cycles.
|
| Reading: |
|
| J.J. van Duijn |
The Long Wave in Economic Life (1983) |
| Simon Kuznets
|
“Modern Economic Growth: Findings
and Recollections,”
American Economic Review June 1973 pp 247-258 |
| W.W. Rostow |
The World Economy History and Perspective
(1978) |
| N. Rosenberg
& |
How the West Grew Rich (1986) |
| L. Birdzell |
|
| S. Solomou |
Phases of Economic Growth 1850-1973 (1988) |
| I. Wallerstein |
The Modern World System |
| |
|
| Lecture 2 |
World Economic History in the long-term/
growth, trends and
fluctuations. |
| Reading: |
|
As above, plus:
A. Maddison
|
The World Economy in the 20th Century (1989)
|
| Lecture 3 |
Technology: inventions innovations and
diffusion - motive power - animated, wind water, steam
electricity and the combustion engine Applications: emergency
of the factory system. Tools and machine. Assembly line
“Fordism”, mechanisation and division of labour. |
| Reading: |
|
| N.K. Crafts |
“British Industrialization in an
International Context”, The Journal |
| |
of Interdisciplinary History (1989) pp
415-428 |
| T.K. Derry & |
A Short History of Technology (1960) |
| T.I. Williams |
|
| D.R. Headrick |
The Tools of Empire: technology and European
Imperialism in the
Nineteenth Century (1981)
The Tentacles of Progress: Technology Transfer in the
Age of
Imperialism 1850-1940 (1988) |
| Ian Inkster |
Science and Technology in History: An Approach
to Industrial |
| A. Kenwood & |
Technology Diffusion and Industrialisation
before 1914 (1984) |
| A. Lougheed |
|
| D.S. Landes |
The Unbound Prometheus: Technological Change
and Industrial |
| (1969) |
|
| W.A. Lewchuck |
‘The Origins of Fordism and Alternative
Strategies: Britain and |
| |
the United States 1880-1930" in S.
Tolliday and J Zeitlin |
| (eds) |
Between Fordism and Flexibility, the International
|
| Motor |
Industry and its Workers (1985) |
| J. Mokyr |
The Lever of Riches (1992) |
| Lecture 4 |
Technology: Innovations in transportation-
railways, canals, steamship, survival of the sailing ship.
Innovations in communication: post telegraph and telephone.
Military technology: contributions to innovations and
control of territory and trade.
|
| Reading: |
|
| G. Blainey |
The Tyranny of Distance (1966) |
| Roy Church |
The Rise and decline of the British Motor
Industry (1994) |
| WH. McNeill |
The Pursuit of Power: Technology, Armed
Forces and Society
Since AD 1000 (1982) |
| S. Pollard |
“Shipbuilding...”Journal of
Economic History vol.
17 (1957) 287- 303 |
| Michael Robbins |
The Railway Age (1998) |
| Mira Wilkins |
American Business Abroad: Ford on Six Continents
(1964) |
| & Frank Hill |
|
| Lecture 5 |
Migration: Growth of migration from Europe,
the slave trade and indentured labour movements. Destinations-
Dominance of the USA/Americas and SE Asia. Consequences-
the building cycles, remittances and market shifts |
| Reading |
|
| Dudley Baines |
Emigration From Europe 1815-1930 (1998) |
| David Eltis |
“Forced and Coerced transatlantic
Migration: Some Comparisons,”
American Historical Review Vol. 88 (1983) 251-280 |
| J. Foreman-Peck |
“A Political Economy of International
Migration 1815-1914,”
Manchester School of Economic Studies 60 (December
1992) 359-376. |
| I. Glazier & |
Migration Across Time and Nations (1986) |
| L. De Rosa
(eds.) |
|
| J. Gould |
European Inter-Continental Emigration 1815-1914.”
Journal of
European Economic History vol.8 (1979) 593-679 |
| L. Potts |
The World Labour Market: A History of Migration
(1990) |
| P. Taylor |
The Distant Magnet: European Migration
to the United States
(1971) |
| B. Thomas |
Migration and Economic Growth (1954) |
| Lecture 6 |
Labour: Abolition of slavery and serfdom,
international diffusion
of labour, work organisation development of Industrial
capitalism, productivity, wage rates and the development
of consumerism. |
| Reading: |
|
| P.D. Curtin |
The Atlantic Slave Trade (1969) |
| S.L. Engerman |
“Contract labour, Sugar and Technology
in the Nineteenth
Century,” Journal of Economic History vol. 43 (1983)
635-659 |
| H.A. Gemery & |
The Uncommon Market: Essays in the Economic
History of the |
| J. Hogendorn |
Atlantic Slave Trade (1979) |
S.Marks &
P. Richardson
|
International Labour Migration: Historical
Perspectives (1984) |
| Lecture 7 |
Business organisations –pre-industrial
business organisation
individual merchants, partnerships, joint stock companies.
Management styles Britain, USA and Japan. Development
of limited liability company and the corporation. Concentration
of capital horizontal and vertical integration, cartels
emergence of multinational corporations, big business
and the great mergers in USA and Japan: the ziabatsu and
the sogo shosha. |
| Reading: |
|
| M. Blackford |
The Rise of Modern Business in Great Britain
and Japan (1988) |
| A.D. Chandler |
The Visible hand: The Managerial Revolution
in American
Business (1977) |
| F.V. Carstensen |
American Enterprise in Foreign Markets:
Studies in Singer and
International harvester in Imperial Russia (1984) |
R.P Davenport
&G.
Jones
|
British Business in Asia since 1860 (1989)
|
| C. J. Schmitz |
The Growth of Big Business in the US and
Western Europe (1993) |
| A. Teichova, (eds) |
Multinational Enterprise in Historical
perspective (1986) |
| M. Wilkins |
The Emergence of Multinational Enterprise:
American Business Abroad to 1914 (1970) |
| |
“The History of European Multinationals:
A New look,” Journal
of European Economic History vol. 15 (1986) 483-510 |
| John Wilson |
British Business History 1720-1994 (1995) |
| Lecture 8 |
Capital movements - Dominance
of Britain. Investments -direct
and portfolio, core and periphery, Imperialism and the
integration of the global economy. |
| Reading: |
|
| A.I. Bloomfield |
Patterns of Fluctuation in International
Investments Before 1914
(1968) |
| R. E. Cameron |
France and the Economic Development of
Europe 1800-1914
(1961) |
| P.L. Cotterell |
British Overseas Investments in the Nineteenth
Century (1975) |
| M. Edelstein |
Overseas Investment in the Age of High
Imperialism: The United
Kingdom 1850-1914 (1982) |
| A.R. Hall (ed.) |
The Export of capital from Britain 1870-1914
(1968) |
| Mathias and Pollard |
Cambridge Economic History of Europe vol
8 |
| C. Mirichal |
The Century of Debt Crisis in Latin America
1820-1930 (1989) |
| R. C. Michie |
The London and New York Stock Exchange
1850-1914 (19870 |
| D.C.M. Platt |
Foreign Finance in Continental Europe and
the United States
1815-1870 (1984) |
| M. Wilkins |
The History of Foreign Investment in the
United States to 1914
(1989 |
| Lecture 9 |
Economic Ideas and policy: development
of Classical economics: Smith, Malthus, Ricardo and Mill.
Liberalism and laissez faire. The Role of the State: freedom
of trade and capital. Diffusion of economic ideas application
of concepts of law and property rights. Classical trade
theory: absolute advantage and comparative advantage. |
| Rondo Cameron |
A Concise Economic History of the World
(1989)
Cambridge Economic History of Europe Vol. 8 (1989) Chap.1
|
| Lecture 11 |
Commercial policy and trade: development
and spread of free trade policy: growth and revenue. Britain
and the most-favoured Nation clause. Free trade imperialism:
China, Japan, Latin America, Africa and the Caribbean.
National unification and markets: customs unions. Revival
of protectionism and global variations in tariff policy.
Growth of international trade, geographical patterns and
dominance of core. Composition of trade imports and exports
Role of periphery and the balance of trade. Export led
development, |
| Reading |
|
| P. Bairoch |
“European Foreign trade in the XIX
Century, The Development of the Value Volume of Exports,”
Journal of European Economic History vol. 2 (1973) pp
5-36
----------- “Geographical Structure and Trade Balance
of European Foreign trade from 1800-1970,” Journal
of European Economic History vol. 3 (1974) pp 557-608
----------- “European Trade Policy 1815-1914,”
in P. Mathias and S. Pollard (eds.) The Cambridge History
of Europe vol. 8 (1989) |
L.T. Berend &
G.Ranki
|
“Foreign Trade and the Industrialization
of the European Periphery
in the XIXth. Century,” Journal of European Economic
History
vol.9 (19800 pp 539-584. |
| J. R. Hanson, |
Trade in Transisition: Exports from the
Third World 1840-1900
(1980) |
| D.C.M. Platt |
Latin America and British Trade 1806-1914
(1972) |
| S.B. Saul |
Studies in British Overseas trade 1870-1914
(1960) |
| C.P. Kindleberger |
“The Rise of free Trade in western
Europe 1820-1875,” Journal of
Economic History vol. 1 1975 pp 20-51 |
R.Floud &
D. McCloskey,
|
Cambridge Economic History of Europe vol.
8 (1989) Chap.1 |
| Lecture 12 |
International payments/ The monetary
system: - free trade and development of a multilateral
payment system. Role of periphery in settlements. Bills
of exchange and other instruments. Exchange rates: convertibility
of currencies. The gold standard and the theory of self-regulatory
adjustment. Role of the Bank of England. Relative costs
to lenders and borrowers. |
| Reading: |
|
| |
Cambridge Economic History of Europe vol.
8 |
| M. De Cecco |
Money and Empire: The International Gold
Standard 1890-1914
(1974) |
| I. Drummond |
The Gold Standard and the international
Monetary System 1900-
1939 (1987) |
| Barry Eichengreen |
Globalizing Capital: A History of the International
Monetary
System (1996) |
| A. G. Ford |
“International Financial policy and
the Gold Standard 1870-1914,”
in Cambridge Economic History of Europe vol. 8 |
| C.P. Kindleberger |
A Financial History of Western Europe (1984) |
| Lecture 13 |
Incourse Test {Period 1850-1914} |
PERIOD
1914-1980s |
| Lecture 14 |
Technological Innovations in motive power-
steam, electricity, nuclear power, solar energy. Transportation:
motor vehicles, railways, shipping, aeroplanes. Growth
of the oil industry and establishment of OPEC. |
| Readings |
|
| S. Bromley |
American Hegemony and World Oil (1991) |
T. Hughes
(1983)
|
Networks of Power: Electrification in Western
Society 1880-1930 |
| D. Landes |
The Unbound Prometheus (1969) |
| Michio Morishima |
Why has Japan Succeeded”? Western
Technology in the Japanese
Ethos (1982) |
| R.Odell |
Oil and World Power (1986) |
| I. Skett |
OPEC: Twenty-five Years of Prices and Politics
(1988) |
| T. Williams |
A Short History of Twentieth Century Technology
(1982) |
| Lecture 15 |
Technological Innovations in communication
radio, television,
satellite and electronics/ computers. Decline of telegraph
with diffusion of the telephone. Development of electronic
mail and tele-conferences, automation and the division
of labour. Impact of military technology and civilian
technology. Industrialisation of war technology. Science
and Research and Development. |
Reading:
As Above plus
|
|
| J. Yates |
Control through Communication: The Rise
of System in American
Management (1989) |
| |
Business organisation:
separation of ownership, management and labour. Advertisement
and the development of the consumer market. Persistent
cultural differences: Britain, The USA and Japan. State
enterprises in socialist economies. |
| Reading: |
|
| M. Blackford |
The Rise of Modern Business (1988) |
L. Galambos &
J. Pratt
|
The Rise of the Corporate Commonwealth:
United States Business
and Public Policy in the Twentieth Century (1988) |
| L. Hannah |
The Rise of the Corporate Economy (1983)
|
| Lecture 17 |
Business organisation: Concentration
of Business and the Internationalisation of products.
Maturing of Multinational Corporations. Emergence of
Third World MNCs. |
| Reading: |
|
D.K. Fieldhouse
T. Inoue&
A. Okochi (eds)
|
Unilever Overseas: The Anatomy of `a
Multinational (1978)
Overseas Business Activities (1983)
|
| A. Teichova et al. |
Historical Studies in International
Corporate Business (1989) |
| M. Wilkins |
The maturing of Multinational enterprise:
American Business
Abroad from 1914-1970 (1974)
|
| Lecture 18 |
Movement of Capital: Banks as MNCs.
Direct and portfolio investments. Role of MNCs. Remittances
and the emergence of a transitory migrant labour class.
Aid and imperialism. |
| Reading: |
|
| T. Hayter |
Aid as Imperialism (1971) |
| G. Jones (ed.) |
Banks as Multinationals (1990) |
| B. Stallings |
Banker to the Third World: United States
Portfolio Investments in
Latin America 1900-1986 (1987)
|
| Shinji Takagi |
From recipient to Donor: Japan’s
Official Aid Flows, 1945-1990
and beyond (1995)
|
| R. Wood |
From Marshall Plan to debt Crisis:
Foreign Aid and Development
Choices in the World economy (1986)
|
| Lecture 19 |
Economic Ideas and Commercial policy:
the role of the State. Keynesianism and welfare economics.
Marxist economic theory. Economic growth and the development
of environmental critiques. Liberalism, protectionism
and preferential tariffs. `International control commodity
price agreements, cartels, GATT and ITO
|
| Readings |
|
| |
Cambridge Economic History vol 8 (1989)
|
| P. Calvin |
“The World Economic Conference
1933: The failure of British Internationalism”
Journal of European Economic History vol. 20 (1991)
489-527
|
| C. Johnson |
MITI and the Japanese Miracle (1982)
|
| Lecture 20 |
International trade: Growth and contraction.
Geographical pattern of imports and exports/Britain,
USA, Japan, Western Europe and South East Asia. Changing
terms of trade balances. Composition of trade. Growth
of regional trading blocs and common markets: COMECOM,
EU, NAFTA. The disintegration of the Socialism in Europe.
|
| Reading; |
|
| |
Cambridge Economic History vol 8 (1989)
|
| P. Calvin |
“The World Economic Conference
1933: The failure of British Internationalism”
Journal of European Economic History vol. 20 (1991)
489-527
|
| C. Johnson |
MITI and the Japanese Miracle (1982)
|
| Lecture 21 |
International Monetary System: Restoration
Wars, The Great depression and collapse of the Gold
Standard. Impact of the Great and the 1930s. Diffusion
of the multilateral payment system balance of payments
difficulties and the resurgence of bilateral systems
and barter.
|
| Reading: |
|
| R. Ayres |
Banking on the Poor: The World bank
and World Poverty (1983)
|
| F.L. Block |
The Origins of International economic
Disorder: A Study of united
|
| |
States Monetary policy from World war
II to the Present (1977)
|
| M. De Vriesa |
The IMF in a Changing World 1945-1985
(1986)
|
| C. Payer |
The Debt trap (1975)
|
| Jacques J. Polak |
The World bank and the IMF A Changing
Relationship
|
B. Tew
(1988)
|
The Evolution of the international
Monetary system 1945-1988
|
| L.B. Yeager |
International Monetary relations (1966)
|
| Lecture 22 |
International Monetary System: Establishment
of the IMF and The IBRD in 1944. Role of the Dollar
and the changing meaning of convertibility. The debt
crises.
|
| Reading: |
|
| R. Ayres |
Banking on the Poor: The World bank
and World Poverty (1983)
|
| F.L. Block |
The Origins of International economic
Disorder: A Study of united States Monetary policy from
World war II to the Present (1977)
|
| M. De Vriesa |
The IMF in a Changing World 1945-1985
(1986)
|
| C. Payer |
The Debt trap (1975)
|
| Jacques J. Polak |
The World bank and the IMF A Changing
Relationship
|
B. Tew
(1988)
|
The Evolution of the international
Monetary system 1945-1988
|
| L.B. Yeager |
International Monetary relations (1966)
|
| Lecture 23 |
Migration and labour: patterns of Intercontinental
and international migration. Changing composition of
migrant flow: the brain drain. Refugees, contract labourers
and forced resettlement. Destinations and origins. Taylorism,
Stakhonovism and productivity.
|
| Reading: |
|
| H. Braverman |
Labour and Monopoly Capital
|
| |
Cambridge Economic History of Europe
vol. 8 (1989) chaps. 6-7
|
| S. Marks & |
International Labour Migration: Historical
Perspectives (1984)
|
| P. Richardson |
|
| L. Potts |
The World Labour Market (1990)
|
| Lecture 24 |
Problems of Economic Globalisation:
The effects of globalisation on economic development
of Third World nations vis a vis the Industrial
societies- origins of international inequity, the evolution
of South-South Cupertino and North-South relations,
formation of NGOs and the New International Economic
|
| Readings |
|
C. Abel &
of
|
Latin America, Imperialism and the
State: The Political economy
|
| C.M. Lewis |
the external Connection from independence
to the Present (1985)
|
| B. Albert |
South America and the World economy
from Independence to 1930
(19830
|
| T. Hayter |
The creation of` World poverty (1982)
|
| A. Hodgart |
The economics of European Imperialism
(1977)
|
| M. Manley |
Up the Down Escalator (1986)
|
| W. Rodney |
How Europe Underdeveloped Africa (1972)
|
| T. Smith |
The Pattern of imperialism (1981)
|
