Economic History of the First German Unification

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AEG
Berlin Stock Exchange
Bismarck's Social Insurance System
Bismarck’s Social Insurance System
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Classical Gold Standard
economic effects of political unification
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fiscal federalism Germany
German Confederation
German Customs Union
German Economic History
German Empire
German Gdp
German Nation State
German Patent Law
Imperial Statistical Office
industrialisation history
Intra-industrial Trade
Italian Gdp
Joint Stock Banks
Labour Productivity Growth
Liability Insurance Associations
market integration Europe
Member States
Modern Economic Growth
nineteenth-century economic institutions
North German Confederation
patent law development
Real Gdp
social insurance origins
Southern German States
Supervisory Board
TFP Growth
UK's Share
UK’s Share

Product details

  • ISBN 9781032254838
  • Weight: 380g
  • Dimensions: 156 x 234mm
  • Publication Date: 27 Mar 2023
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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There is a striking chronological parallel between Germany’s transition from a post-Malthusian regime to modern economic growth and the formation of a modern nation-state between the late 1860s and the early 1880s, which culminated in the events of 1871.The central question of this book is whether and how such state formation did in fact contribute to economic development.

Twenty chapters written by leading experts in their respective fields deal with various aspects of the book’s main question. Together, they identify three channels by which national unification contributed to Germany’s economic development: (1) Creation of a nation-state completed a process of institutional Unification of a large inland area and thereby increased the integration of domestic markets. (2) Unification raised the capacity of the political system with respect to regulating complex domains, such as stock companies, patenting, and social insurance. (3) The emerging political regime of market-preserving federalism promoted the quality of economic institutions. Moreover, a set of chapters dealing with the experience of other European economies apart from Germany during the second half of the nineteenth century highlight additional factors in nineteenth-century economic development, most notably the first wave of modern globalization and economic geography.

Readers interested in the history of state building and the economic history of Germany and of Europe in general during the age of industrialization and globalization and students of the economic effects of political integration and decentralized state growth will all gain much from this book.

Ulrich Pfister obtained his PhD from the University of Zürich, Switzerland, in 1984. Since 1996, he is Professor of Social and Economic History at the University of Münster, Germany. His research covers agricultural history, proto-industrialization, demographic history, and historical national accounts.

Nikolaus Wolf obtained his PhD from Humboldt University Berlin in 2003. After positions at the London School of Economics, Free University Berlin, and the University of Warwick, in 2010 he became Professor of Economics and Economic History at Humboldt University. He works on the economic history of Europe in the 19th and 20th centuries, with a focus on economic geography, trade, borders, and identity.