The Strictures of Inheritance: The Dutch Economy in the Nineteenth Century

Voorkant
Princeton University Press, 18 apr 2004 - 384 pagina's

A major feat of research and synthesis, this book presents the first comprehensive history of the Dutch economy in the nineteenth century--an important but poorly understood piece of European economic history. Based on a detailed reconstruction of extensive economic data, the authors account for demise of the Dutch economy's golden age. After showing how institutional factors combined to make the Dutch economy a victim of its own success, the book traces its subsequent emergence as a modern industrial economy.


Between 1780 and 1914, the Netherlands went through a double transition. Its economy--which, in the words of Adam Smith, was approaching a "stationary state" in the eighteenth century--entered a process of modern economic growth during the middle decades of the nineteenth. At the same time, the country's sociopolitical structure was undergoing radical transformation as the decentralized polity of the republic gave way to a unitary state. As the authors show, the dramatic transformation of the Dutch political structure was intertwined with equally radical changes in the institutional structure of the economy. The outcome of this dual transition was a rapidly industrializing economy on one side and, on the other, the neocorporatist sociopolitical structure that would characterize the Netherlands in the twentieth century.


Analyzing both processes with a focus on institutional change, this book argues that the economic and political development of the Netherlands can be understood only in tandem.

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Inhoudsopgave

INTRODUCTION
1
CHAPTER
11
11
49
CHAPTER THREE
85
Fiscal Policy and Public Debt
96
Domestic Economic Policy 181330
106
Secession and Renewal of the Colonial Nexus 183040
115
CHAPTER FOUR
121
Differentiated Dynamics
150
Economic Development and the Autocratic Experiment
163
Colonial Policy and the Batig Slot
178
CHAPTER SEVEN
242
CHAPTER EIGHT
263
EPILOGUE
331
Bibliography
357
Index
377

Industrial Development
135

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