Jeffrey G. Williamson's Books

The Age of Mass Migration

Causes and Economic Impact

By: Timothy J. Hatton,Jeffrey G. Williamson

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The Age of Mass Migration

Causes and Economic Impact

By: Timothy J. Hatton,Jeffrey G. Williamson

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.

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314

Publisher

Oxford University Press

Published Date

ISBN 10

019535379X

ISBN 13

9780195353792

Globalization and History

The Evolution of a Nineteenth-Century Atlantic Economy

By: Kevin H. O'Rourke,Jeffrey G. Williamson

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Globalization and History

The Evolution of a Nineteenth-Century Atlantic Economy

By: Kevin H. O'Rourke,Jeffrey G. Williamson

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.

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Page Count

364

Publisher

MIT Press

Published Date

ISBN 10

0262650592

ISBN 13

9780262650595

Globalization and the Poor Periphery before 1950

By: Jeffrey G. Williamson

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Globalization and the Poor Periphery before 1950

By: Jeffrey G. Williamson

A leading authority on economic globalization argues that industrialization in the core countries of northwest Europe and its overseas settlements combined with a worldwide revolution in transportation to produce deindustrialization and an antiglobal backlash in industrially lagging poorer countries. In Globalization and the Poor Periphery before 1950 Jeffrey Williamson examines globalization through the lens of both the economist and the historian, analyzing its economic impact on industrially lagging poor countries in the nineteenth and early twentieth centuries. Williamson argues that industrialization in the core countries of northwest Europe and their overseas settlements, combined with a worldwide revolution in transportation, created an antiglobal backlash in the periphery, the poorer countries of eastern and southern Europe, the Middle East, Africa, Asia, and Latin America. During the "first global century," from about 1820 to 1913, and the antiglobal autarkic interwar period from 1914 to 1940, new methods of transportation integrated world commodity markets and caused a boom in trade between the core and the periphery. Rapid productivity growth, which lowered the price of manufactured goods, led to a soaring demand in the core countries for raw materials supplied by the periphery. When the boom turned into bust, after almost a century and a half, the gap in living standards between the core and the periphery was even wider than it had been at the beginning of the cycle. The periphery, argues Williamson, obeyed the laws of motion of the international economy. Synthesizing and summarizing fifteen years of Williamson's pioneering work on globalization, the book documents these laws of motion in the periphery, assesses their distribution and growth consequences, and examines the response of trade policy in these regions.

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203

Publisher

MIT Press

Published Date

ISBN 10

0262250314

ISBN 13

9780262250313

Trade and Poverty

When the Third World Fell Behind

By: Jeffrey G. Williamson

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Trade and Poverty

When the Third World Fell Behind

By: Jeffrey G. Williamson

How the rise of globalization over the past two centuries helps explain the income gap between rich and poor countries today. Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order—two hundred years in the making—was already characterized by a vast difference in per capita income between rich and poor countries and by the fact that poor countries exported commodities (agricultural or mineral products) while rich countries exported manufactured products. In Trade and Poverty, leading economic historian Jeffrey G. Williamson traces the great divergence between the third world and the West to this nexus of trade, commodity specialization, and poverty. Analyzing the role of specialization, de-industrialization, and commodity price volatility with econometrics and case studies of India, Ottoman Turkey, and Mexico, Williamson demonstrates why the close correlation between trade and poverty emerged. Globalization and the great divergence were causally related, and thus the rise of globalization over the past two centuries helps account for the income gap between rich and poor countries today.

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Page Count

315

Publisher

MIT Press

Published Date

ISBN 10

0262518597

ISBN 13

9780262518598

Growth, Inequality, and Globalization

Theory, History, and Policy

By: Philippe Aghion,Jeffrey G. Williamson

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Growth, Inequality, and Globalization

Theory, History, and Policy

By: Philippe Aghion,Jeffrey G. Williamson

Two of the world's leading economists discuss fundamental issues of inequality and economic growth.

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Page Count

220

Publisher

Cambridge University Press

Published Date

ISBN 10

0521659108

ISBN 13

9780521659109

Did British Capitalism Breed Inequality?

By: Jeffrey G. Williamson

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Did British Capitalism Breed Inequality?

By: Jeffrey G. Williamson

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.

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Page Count

384

Publisher

Routledge

Published Date

ISBN 10

1136589023

ISBN 13

9781136589027

Late Nineteenth-Century American Development

A General Equilibrium History

By: Jeffrey G. Williamson

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Late Nineteenth-Century American Development

A General Equilibrium History

By: Jeffrey G. Williamson

An economist's attempt to interpret a critical period of US history, from Civil War to World War I.

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Page Count

370

Publisher

Cambridge University Press

Published Date

ISBN 10

0521088518

ISBN 13

9780521088510

Coping with City Growth During the British Industrial Revolution

By: Jeffrey G. Williamson

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Coping with City Growth During the British Industrial Revolution

By: Jeffrey G. Williamson

This book assesses Britain's handling of city growth during the First Industrial Revolution.

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372

Publisher

Cambridge University Press

Published Date

ISBN 10

0521893887

ISBN 13

9780521893886

Unequal Gains

American Growth and Inequality since 1700

By: Peter H. Lindert,Jeffrey G. Williamson

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Unequal Gains

American Growth and Inequality since 1700

By: Peter H. Lindert,Jeffrey G. Williamson

A book that rewrites the history of American prosperity and inequality 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.

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Page Count

420

Publisher

Princeton University Press

Published Date

ISBN 10

0691178275

ISBN 13

9780691178271

The New Comparative Economic History

Essays in Honor of Jeffrey G. Williamson

By: T. J. Hatton,Kevin H. O'Rourke,Alan M. Taylor

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The New Comparative Economic History

Essays in Honor of Jeffrey G. Williamson

By: T. J. Hatton,Kevin H. O'Rourke,Alan M. Taylor

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.

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Page Count

431

Publisher

MIT Press

Published Date

ISBN 10

0262083612

ISBN 13

9780262083614

Globalization and the Poor Periphery before 1950

By: Jeffrey G. Williamson

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Globalization and the Poor Periphery before 1950

By: Jeffrey G. Williamson

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Solve jigsaw puzzle

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203

Publisher

MIT Press

Published Date

ISBN 10

0262250314

ISBN 13

9780262250313

Book's by Jeffrey G. Williamson

The Age of Mass Migration

The Age of Mass Migration

Globalization and History

Globalization and History

Globalization and the Poor Periphery before 1950

Globalization and the Poor Periphery before 1950

Trade and Poverty

Trade and Poverty

Growth, Inequality, and Globalization

Growth, Inequality, and Globalization

Did British Capitalism Breed Inequality?

Did British Capitalism Breed Inequality?

Late Nineteenth-Century American Development

Late Nineteenth-Century American Development

Coping with City Growth During the British Industrial Revolution

Coping with City Growth During the British Industrial Revolution

Unequal Gains

Unequal Gains

The New Comparative Economic History

The New Comparative Economic History

Globalization and the Poor Periphery before 1950

Globalization and the Poor Periphery before 1950

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