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Unformatted text preview: rial exports than plantation societies. James A. Robinson (Harvard) The Emergence of Modern Economic Growth: A Comparative and Historical Analysis
October 14, 2009
13 / 19 Source: Davis, Ralph (1979) The Industrial Revolution and British Overseas
Trade, Leicester University Press. The Colonial Imposition of Extractive Institutions Once European powers became strong they colonized and invaded
other countries, usually organizing institutions to extract rents for a
small group of Europeans.
Another big source of extractive institutions comes from European
Often places which had extractive institutions initially, being poor,
were very vulnerable to colonialism, so that extractive institutions
persisted. James A. Robinson (Harvard) The Emergence of Modern Economic Growth: A Comparative and Historical Analysis
October 14, 2009
14 / 19 Absolutism in the Tropics
The spread of absolutism also occurred as Anthony Reid shows in his
seminal Southeast Asia in the Age of Commerce, in Southeast Asia.
The institutional path of Asia di¤ered from that of Europe, for
instance there was no collapse of the Roman Empire or Dark Ages
and there was no feudalism, though plenty of forced labor and slavery.
Starting in the 14th century with expanding Chinese trade and then
accelerating in the 15th and 16th, there was a great deal of economic
development based on the spice trade. City states like Aceh, Banten,
Melaka, Makassar, Pegu, Brunei, expanded rapidly.
These states took on an absolutist form similar to that in Europe and
was spurred by similar processes, technological change in methods of
warfare, trade. It led to more centralized bureaucratic states based on
the personal rule of a King.
Kings relied heavily on revenues from trade, they engaged...
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This document was uploaded on 02/28/2014 for the course ECON 2328 at Harvard.
- Fall '09