Download or read book Mass Migration Commodity Market Integration and Real Wage Convergence written by Jeffrey G. Williamson and published by . This book was released on 1993 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of a process that has been at work since 1850, real wages among the current OECD countries converged during the late 19th century. The convergence was pronounced as that which we have seen in the post World War Il period. This paper uses computable general equilibrium models to isolate the sources of that economic convergence by assessing the relative performance of the two most important economies in the Old World and the New -- Britain and the USA. It turns out that between 1870 and 1910, the convergence forces that mattered were those that generated by commodity price convergence, stresses by Eli Heckscher and Bertil Ohlin, and mass migration, stressed by Knut Wicksell. It turns out that offsetting forces were contributing to late 19th century divergence, a finding consistent with economic historians' traditional attention to Britain's alleged failure and America's spectacular rise to industrial supremacy. The convergence forces, however, dominated for most of the period.
Download or read book Mediterranean Labor Markets in the First Age of Globalization written by Paul Caruana Galizia and published by Springer. This book was released on 2015-03-11 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholars have studied the nineteenth century's unprecedented labor flows in global and specific country contexts, but have lacked a comprehensive analysis of the world's old economic core, the Mediterranean. This work provides answers to important questions, such as: If the Mediterranean labor market really was integrated, then why did globalization affect the Western and Eastern Mediterranean so differently? Why did wage inequality rise in the East while it fell in the rest of the labor-abundant periphery? More broadly, was low emigration from Iberia and the East to blame for the Mediterranean's failed integration with the fast-expanding global economy? This ground-breaking research relates these questions to ongoing historical debates on the intensity of intra-Mediterranean integration in goods and labor, to current heated debates on North African emigration to Europe, and to discussions on European economic integration more generally.
Download or read book International Labour Market Integration and the Impact of Migration on National Labour Markets Since 1870 written by Jeffrey G. Williamson and published by . This book was released on 1994 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization and History written by Kevin H. O'Rourke and published by MIT Press. This book was released on 2001-01-26 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kevin O'Rourke and Jeffrey Williamson present a coherent picture of trade, migration, and international capital flows in the Atlantic economy in the century prior to 1914—the first great globalization boom, which anticipated the experience of the last fifty years. Globalization is not a new phenomenon, nor is it irreversible. In Gobalization and History, Kevin O'Rourke and Jeffrey Williamson present a coherent picture of trade, migration, and international capital flows in the Atlantic economy in the century prior to 1914—the first great globalization boom, which anticipated the experience of the last fifty years. The authors estimate the extent of globalization and its impact on the participating countries, and discuss the political reactions that it provoked. The book's originality lies in its application of the tools of open-economy economics to this critical historical period—differentiating it from most previous work, which has been based on closed-economy or single-sector models. The authors also keep a close eye on globalization debates of the 1990s, using history to inform the present and vice versa. The book brings together research conducted by the authors over the past decade—work that has profoundly influenced how economic history is now written and that has found audiences in economics and history, as well as in the popular press.
Download or read book International Migration and World Development written by Timothy J. Hatton and published by . This book was released on 1992 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1920s marked the end of a century of mass migration from Europe to the New World. This paper examines analytically this pre-quota experience. The discussion is divided into two parts. The first deals with the character and dimensions of overseas emigration from Europe chiefly from the mid 19th century to World War I. The second discussions the effects of these migrations on both sending and receiving countries. The traditional literature has far more to say about the first than the second. Here we deal with the evolution of global labor markets, first as they were directly influenced by the migrations, and second as they interacted with the evolution of world commodity and capital markets. The paper argues that the impressive economic convergence which took place between 1870 and World War I can be largely explained by these forces of economic integration, rather than by technological convergence or differential human capital growth.
Download or read book Globalization in Historical Perspective written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2007-11-01 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Age of Mass Migration written by Timothy J. Hatton and published by Oxford University Press. This book was released on 1998-04-23 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Migration and the International Labor Market 1850 1939 written by Tim Hatton and published by Routledge. This book was released on 2005-08-12 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the reasons for international migration during the era of mass migrations and examines the resulting economic effect.
Download or read book Around the European Periphery 1870 1913 written by Kevin H. O'Rourke and published by . This book was released on 1995 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: On average, the poor European periphery converged on the rich industrial core in the four or five decades prior to World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the leaders, especially in real wages and living standards. Some, like Ireland, seemed to do it without industrialization. Some, like Italy, underwent less spectacular catch-up, and it was limited to the industrializing North. Some, like Iberia, actually fell back. What accounts for this variety? What role did trade and tariff policy play? What about emigration and capital flows? What about schooling? We offer a tentative assessment of these contending explanations and conclude that globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well, and some badly.
Download or read book Handbook of the Economics of International Migration written by Barry Chiswick and published by Elsevier. This book was released on 2014-11-05 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic literature on international migration interests policymakers as well as academics throughout the social sciences. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s. This literature appears in the general economics journals, in various field journals in economics (especially, but not exclusively, those covering labor market and human resource issues), in interdisciplinary immigration journals, and in papers by economists published in journals associated with history, sociology, political science, demography, and linguistics, among others. - Covers a range of topics from labor market outcomes and fiscal consequences to the effects of international migration on the level and distribution of income – and everything in between. - Encompasses a wide range of topics related to migration and is multidisciplinary in some aspects, which is crucial on the topic of migration - Appeals to a large community of scholars interested in this topic and for whom no overviews or summaries exist
Download or read book The New Comparative Economic History written by T. J. Hatton and published by MIT Press. This book was released on 2007 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays by internationally prominent economists examine long run cross-country economic trends from the perspective of New Comparative Economic History, an approach pioneered by Harvard economist Jeffrey G. Williamson. The innovative approach to economic history known as the New Comparative Economic History represents a distinct change in the way that many economic historians view their role, do their work, and interact with the broader economics profession. The New Comparative Economic History reflects a belief that economic processes can best be understood by systematically comparing experiences across time, regions, and, above all, countries. It is motivated by current questions that are not nation specific--the sources of economic growth, the importance of institutions, and the impact of globalization--and focuses on long-run trends rather than short-run ups and downs in economic activity. The essays in this volume offer a New Economic Comparative History perspective on a range of topics and are written in honor of Jeffrey G. Williamson, the most distinguished and influential scholar in the field. The contributors, prominent American and European economists, consider such topics as migration, education, and wage convergence; democracy and protectionism in the nineteenth century; trade and immigration policies in labor-scarce economies; and the effect of institutions on European productivity and jobs.
Download or read book Historical Foundations of Globalization written by James Foreman-Peck and published by Edward Elgar Publishing. This book was released on 1998 with total page 968 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty-two contributions, several of them previously published and reproduced directly from original sources, discuss the historical underpinnings of contemporary economic globalization. Topics include: the technology of 19th century globalization; trade, prices and globalization; the monetary system of globalization, capital market integration and foreign debt; business and globalization; migration and globalization; deglobalization between the wars; and the political economy of globalization. Name index only. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Topics in Public Economics written by David Pines and published by Cambridge University Press. This book was released on 1998 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolving modern world is characterized by two opposing trends: integration and segregation. On the one hand, we witness strong forces for segregation on the basis of nationality, ethnicity, religion, and culture in the former Soviet Union, the former Czechoslovakia, the former Yugoslavia, as well as in Northern Ireland, Spain, and Canada. These forces are quite strong and, in some cases, violent. On the other hand, the European Union and NAFTA represent the tendency for integration motivated primarily by economic considerations (such as gains from trade and scale economies). In fact, these opposing trends can be explained by the concepts developed in modern club theory, local public finance, and international trade.
Download or read book The Mechanics of Internationalism written by Martin H. Geyer and published by Oxford University Press. This book was released on 2001 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays by American and European scholars traces the origins of modern internationalism and the emergence of global society in the nineteenth century. It offers a fresh approach to the study of international history by looking at the structural prerequisites of the thriving internationalism before the First World War. Thus it links political and social movements trying to reform society and politics by way of transnational co-operation with the process of internationalizing cultural, political, and economic practices. The volume is less concerned with classical diplomatic history than with the increased, yet ambivalent, transnational linking of societies. The subjects covered range from the creation of international standards, the search for a monarchical international, and the making of international women's organizations to the emergence of fashionable meeting places. The book provides a genuine historical perspective on present phenomena.
Download or read book Convergence in the Age of Mass Migration written by Alan M. Taylor and published by . This book was released on 1994 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1870 and 1913, economic convergence among present OECD members (or even a wider sample of countries) was dramatic, about as dramatic as it has been over the past century and a half. The convergence can be documented in GDP per worker-hour, GDP per capita and in real wages. What were the sources of the convergence? One prime candidate is mass migration. In the absence of quotas, this was a period of open international migration, and the numbers who elected to move were enormous. If international migration is ever to play a role in contributing to convergence, the pre-quota period surely should be it. This paper offers some estimates which suggest that migration could account for very large shares of the convergence in GDP per worker and real wages, though a much smaller share in GDP per capita. One might conclude, therefore, that the interwar cessation of convergence could be partially explained by the imposition of quotas and other barriers to migration. The paper concludes with caution as it enumerates the possible offsets to the mass migration impact which our partial equilibrium analysis ignores, and with the plea that convergence models pay more attention to open-economy forces.
Download or read book The Battle for the Migrants written by Torsten Feys and published by Liverpool University Press. This book was released on 2017-10-18 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book approaches the well-documented study of European mass migration to the United States of America from the viewpoint of mass migration as a business venture. The overall purpose is to demonstrate that maritime and migration histories are interlinked and dependent on a deeper understanding of the social, economic, and political factors at work in the nineteenth century Atlantic community. It centres on both the evolution of the port of Rotterdam as a migration gateway, and the crucial role of the Holland-America line as a regulator of the North American passenger trade. The first part of the book explores the simultaneous rise of transatlantic mass migration and long-distance steamshipping between 1830 to 1870. The second part, divided into five chapters, explores how mass migration became a big business between 1870 and 1914, and scrutinises how steamship companies organised and provided initiatives for transoceanic migration, plus the role of shipping agents and agent-networks, and how passenger services were constructed within transatlantic networks. Over the course of the text it becomes increasingly clear that by approaching mass migration as a trade issue, the role of steamship companies in the facilitation of transatlantic migration is rendered both intrinsic and pivotal. It consists of an introduction containing contextual information, two sections providing historical overviews, five chapters exploring different aspects of the shipping industry’s response to mass migration, conclusion, bibliography, and six appendices of passenger, destination, agent, and advertising statistics.
Download or read book Handbook of Cliometrics written by Claude Diebolt and published by Springer Nature. This book was released on with total page 2796 pages. Available in PDF, EPUB and Kindle. Book excerpt:
