COMPARATIVE ECONOMIC DEVELOPMENT (1850-1950)
Course Description
This course investigates selected issues in comparative historical perspective over the
19th century and the first few decades of the 20th century. The course focuses on a set of countries, which followed clearly diverse trajectories and patterns of growth to achieve their industrial transition and compares the outcomes of these diverse trajectories on sectoral change, inter-sectoral relations, labour processes and industrial relations and also compares the role of the state in facilitating the respective trajectories.
Course Outline
1. Introduction and Perspectives on Comparative Economic Development
2. An Overview of Economic Development of the countries selected for case studies
3. Agriculture
Agrarian surplus and the role of the peasantry in economic development.
4. Industry
The industrial revolution in Britain; Industrialisation in late industrialisers.
5. The Factory System and Making of the Industrial Working Class
Division of labour, structure of industrial authority, organisation of work and industrial production, relationship between workers and managers.
6. The Role of the State in Industrial and Developmental Transition
Readings:
1. E.J. Hobsbawm, World of Labour: Further studies in the history of labour, London
Weidenfeld & Nicholson, 1984.
2. E.J. Hobsbawm, Industry and Empire: An Economic History of Britain since 1750, Weidenfeld & Nicholson, 1968.
3. Peter Mathias, The First Industrial Nation, An Economic History of Britain, 1700-
1914. 2nd edition Methuen, 1983.
4. T. Nakamura, Economic Growth in Pre-War Japan, Tr. by Robert A Feldman, Yale
University Press, 1983.
5. Okochi, Karsh and Levine, Workers and Employees in Japan, The Japanese
Employment Relations System, University of Tokyo, 1965.
6. Y. Hayami, A Century of Agricultural Growth in Pre-War Japan: Its Relevance to
Asian Development, University of Minnesota Press, 1975.
7. Chalmers Johnson, MITI and the Japanese Miracle: The Growth of Industrial Policy
1925-1975, Stanford University Press, 1982.
8. W.W. Lockwood, Economic Development of Japan, Expanded edition, Princeton
University Press, 1966.
9. Dobb M., Soviet Economic Development Since 1917, Universal Book Stall, New
Delhi, 1995.
10. Paul R. Gregory and Robert C. Stuart, Soviet Economic Structure and Performance, Harper & Row, 3rd edition, 1986.
11. Timothy W. Guinnane, 2002, ―Delegated Monitors, Large and Small: Germany‘s
banking System, 1800 –1914‖, Journal of Economic Literature, Volume XL:73-124.
12. Richard A. Easterlin, Davis and Parker, American Economic Growth: An economist’s
History of the United States, Harper & Row, 1972.
13. Hughes and Cain, American Economic History, HarperCollins College Publishers, 4th
edition, 1994.
Background readings for teachers:
Angus Maddison, Dynamic Forces in Capitalist Development, A Long-Run Comparative
View, Oxford University Press, 1991.
P.K.O‘Brien, 1986, ―Do we have a Typology for the Study of European Industrialization in the XIXth Century?‖, Journal of European Economic History, XV 3:291-333.
Nothing is in this section of comparative economic development
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