Lecture 10

James a robinson harvard the emergence of modern

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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 colonialism. 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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