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  1. Home
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  3. Transferring Wealth and Power from the Old to the New World
  • Cited by 21
Publisher:
Cambridge University Press
Online publication date:
March 2010
Print publication year:
2001
Online ISBN:
9780511664793
DOI:
https://doi.org/10.1017/CBO9780511664793
Subjects:
Economics, Macroeconomics, History, Finance and Accountancy, Economic History
Series:
Studies in Macroeconomic History
Information

Book description

This book contains a collection of essays comparing the evolution of the fiscal and monetary regimes of the Old World colonial powers - England, France, Spain, Portugal and the Netherlands - from the seventeenth to the nineteenth centuries with the experiences of several of their former colonies in the New World of the Americas: the United States, Canada, Mexico, Colombia, Brazil and Argentina. The objective is to see how such fiscal and monetary institutions were modified or replaced by new ones. The case studies in the collection consider the experience of the colonies after they became independent countries; they examine the factors that allowed efficient fiscal institutions to develop in some countries, while in others such development turned out to be unsuccessful; and they consider why some governments were able to live within their means and provide public goods, while for others expenditures frequently exceeded revenue, often leading to fiscal crises.

Reviews

"I found this book to be useful as a broad guide to the fiscal and monetary institutions of a large number of nations over a considerable time period." Economic History

"...important and timely collection... each contributor provides a wealth of statistical data and cogent, generally well-written analyses informed by sound economic theories. Furthermore, the editors and commentators have done an excellent job of selecting, summarizing, and evaluating the case studies... this important work should be read by business, economic, and legal historians, and macroeconomists, political economists, and policymakers, both public and corporate." Robin E. Wright, International Journal of Business History

"Business historians should make extensive use of the volume..." Autumn 2002

"This book is worth reading for its historical value, especially for those interested in teh development of particular countries." - Review of Political Economy Oren M. Levin-Waldman, Metropolitan College of New York

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