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Historical Precedents of Global Markets

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Author Info

  • Fremdling, R.

Abstract

During the 19th century, European countries not only industrialised heavily but they also traded with each other and with overseas areas in an until hitherto unkown degree. By 1913, a globalised economy has emerged, which -after the draw-back of the two world wars and the disentagration of the world economy occurring between these wars- did not reappear before the 1960s or even the 1970s. The paper presents the hitorical precedents to global markets.

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Bibliographic Info

Paper provided by Groningen State, Institute of Economic Research- in its series Papers with number gd-43.

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Length: 29 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:gronig:gd-43

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Postal: STATE UNIVERSITY OF GRONINGEN, FACULTY OF ECONOMICS, INSTITUTE OF ECONOMIC RESEARCH, GRONINGEN THE NETHERLANDS.
Phone: 31 50 363 3749
Fax: 31 50 363 3720
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Web page: http://www.rug.nl/research/som-ri/
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Keywords: EUROPE ; INTERNATIONAL ECONOMY ; TRADE;

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Cited by:
  1. Jacks, David S., 2006. "What drove 19th century commodity market integration?," Explorations in Economic History, Elsevier, vol. 43(3), pages 383-412, July.

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