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The Role of Federalism in Developing the US during Nineteenth-century Globalization

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  • Eric Rauchway

Abstract

During its development into a continental empire, the US, like other countries relied on the investment of capital and labour from abroad; unlike other countries, the US had a peculiar political institution, federalism, which channeled these resources and also determined the course of protest against these resources. The paper argues that federalism played a key role in determining the course of US economic development and reaction to this early instance of globalization, a role with possible lessons for other countries today.

Suggested Citation

  • Eric Rauchway, 2006. "The Role of Federalism in Developing the US during Nineteenth-century Globalization," WIDER Working Paper Series RP2006-72, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2006-72
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