Friday, February 24, 2012

Frieden, Global Capitalism: Its Fall and Rise in the Twentieth Century (2006)

Jeffry A. Frieden.
Global Capitalism: Its Fall and Rise in the Twentieth Century.
New York: W. W. Norton & Company, 2006; reprint 2007.

Book information: Publisher; Google Books; Amazon.com; Book webpage at Jeff Frieden's website.

Jeffry A. Frieden, Harvard University.

Some other books by Jeffry A. Frieden:

Menzie D. Chinn and Jeffry A. Frieden. Lost Decades: The Making of America's Debt Crisis and the Long Recovery. New York: W. W. Norton & Company, 2011.
[Publisher; Google Books; Amazon.com; Book webpage at Menzie Chinn's website; Book webpage at Jeff Frieden's website.]

The authors Chinn & Frieden summarize Lost Decades: IMF Videos, 14 October 2011.
The authors' presentation is followed by comments and discussion by Diane Lim Rogers, Gail Cohen, and Simon Johnson.
This video is also posted at Econbrowser, a blog edited by Menzie Chinn.

Jeffry A. Frieden, David A. Lake, J. Lawrence Broz. International Political Economy: Perspectives on Global Power and Wealth, fifth edition. New York: W. W. Norton & Company, 2009.
[Publisher; Google Books; Amazon.com.]

Other Links:

Long Depression, Wikipedia (last quarter of the Nineteenth Century; the first era of Globalization was a period of falling prices which was associated with persistent economic depression).

Panic of 1873, Wikipedia (initiated the Long Depression of the Nineteenth Century).

Gold standard, Wikipedia (monetary system that notably dictated the terms of international trade during the period 1870-1914).

Great Depression, Wikipedia (1930s).

Autarky, Wikipedia (as the first era of Globalization ended many national economies turned inward).

Import substitution industrialization, Wikipedia (pursued by some countries as a path to economic development as an alternative to a global division of labor based on international trade, but in all cases has resulted in poor long-term economic outcomes).

Bretton Woods system, Wikipedia (the monetary system that ordered the terms of international trade following World War II until the early 1970s).

General Agreement on Tariffs and Trade, Wikipedia (ordered the terms of international trade following World War II until 1993).

World Trade Organization, Wikipedia (has ordered the terms of international trade since 1995).

International trade, Wikipedia.

Globalization, Wikipedia.

Free trade, Wikipedia.

Comparative advantage, Wikipedia.

Neoliberalism, Wikipedia.

Washington Consensus, Wikipedia.

Wednesday, February 08, 2012

Clogg, A Concise History of Greece, 2e (2002)

Richard Clogg.
A Concise History of Greece, second edition.
Cambridge University Press, 2002.

Book information: Publisher; Google Books; Amazon.com; Wikipedia on the Author.

A volume in the series Cambridge Concise Histories.

This book consists mostly of political history of modern Greece (i.e., since Greece's independence from the Ottoman Empire during the 1820s) with occasional mentions of economic and cultural history. The book has many illustrations, the lengthy captions to which contain most of the book's cultural history content. The book is relatively weak in economic history.

Links:

Greece, Wikipedia.

History of modern Greece, Wikipedia.

Greek culture, Wikipedia.

Economy of Greece, Wikipedia.

Western Europe, Wikipedia.

Balkans, Wikipedia.

See also my recent post on the book by Jason Manolopoulos,
Greece's 'Odious' Debt: The Looting of the Hellenic Republic by the Euro, the Political Elite and the Investment Community: link.

Addition, 10 Feb 2012:

The following table offers a summary of some major cultural, political and economic differences between Greece and western Europe. This may be obvious information for people well versed in History but for myself I think it's a useful tool to remind ourselves of the major differences between two very distinct regions. I find that too often in contemporary reporting on Greece's current government debt crisis these deeply ingrained cultural differences are not often mentioned and consequently most discussions fail to adequately explain why Greece's economic performance has been so different from that of western, and especially northwestern, Europe.

time period western Europe Greece
3rd - 5th centuries Split of Roman Empire: Western Roman Empire Split of Roman Empire: Eastern Roman Empire = Byzantine Empire
5th century final collapse of Western Roman Empire Byzantine Empire ascendant
5th - 15th centuries Middle Ages; regional kingdoms Byzantine Empire; Byzantine Greece; Medieval Greece
7th century Latin language persists as the common language of western Europe until the 17th/18th centuries when French emerges as the lingua franca of western Europe Medieval Greek language becomes the official language of Byzantine Empire during 7th century and persists through that empire's end
11th - 15th centuries East-West Schism: Roman Catholic Christianity East-West Schism: Eastern Orthodox Christianity
15th century successful resistance to Ottoman Empire expansion throughout 15th, 16th & 17th centuries, e.g., Siege of Vienna final collapse of Byzantine Empire and subjugation to Ottoman Empire; Fall of Constantinople; Ottoman Greece; Ottoman Greeks
14th - 17th centuries Renaissance; humanism Ottoman Greece; Ottoman Greeks
16th - 17th centuries Scientific Revolution Ottoman Greece; Ottoman Greeks
16th century Protestant Reformation Ottoman Greece; Ottoman Greeks
18th century Enlightenment Ottoman Greece; Ottoman Greeks
late 18th century French Revolution beginning of Greek independence movement
early 19th century suppression of revolutionary France and beginning of rise of bourgeois modern nation states following conclusion of Napoleonic wars the victorious / dominant western powers extend their gaze beyond western Europe and undertake support of Greek independence movement
early 19th century, 1820s - 1830s Romanticism intellectual movement; fantasies of ancient Greece (Philhellenism) motivate intellectuals' propagandizing for Greek independence from Ottoman Empire; poet Byron dies in Greece 1824 Greek independence from Ottoman Empire achieved during 1820s; First Hellenic Republic
19th century Industrial Revolution and economic development fledgling Greek state underwritten by European "Protecting Powers" (Britain, France and Russia) as part of their long-term strategy against Ottoman Empire; Kingdom of Greece; Greco-Turkish relations; Megali Idea
late 19th century continuing economic and industrial development Megali Idea; Greco-Turkish War (1897), Greece defeated; Greco-Turkish relations
early 20th century continuing economic and industrial development Megali Idea; Balkan Wars (1912-1913); National Schism; Greco-Turkish relations
World War I aftermath recovery from World War I Megali Idea; National Schism; Greco-Turkish War (1919–1922), Greece defeated; domestic consequences of defeat shatter an already divided Greek society; expulsion of ethnic Greeks from Turkey; Second Hellenic Republic (1924-1935); Greco-Turkish relations
1936 - 1941 Fascism in western Europe (Spain, Italy, Germany) "paternalist-authoritarian" Metaxas Regime (1936-1941)
World War II World War II Axis occupation of Greece during World War II
1946 - 1949 beginning of recovery from World War II; beginning of Cold War Greek Civil War (1946-1949), the first Cold War conflict; results in another bitter division of Greek society that will lead to severe political dysfunction during 1960s
1967 - 1974 continuing robust economic growth 1960s Greek political dysfunction leads to military dictatorship, 1967-1974; Metapolitefsi, period of post-junta restoration of civilian democratic government
1974 - present economic growth; Economy of the European Union; Eurozone Third Hellenic Republic; Greco-Turkish relations