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A fascinating exploration of the evolution of the Portuguese economy over the course of eight centuries, from 1143 to 2010.
This book offers a fascinating exploration of the evolution of the Portuguese economy over the course of eight centuries, from the foundation of the kingdom in 1143, when political boundaries began to take shape in the midst of the Christian Reconquista of the Iberian Peninsula, and the formation of an empire, to the integration of the nation into the European Communities and the Economic and Monetary Union. Through six chapters, the authors provide a vibrant history of Portugal's past with a focus ranging from the medieval economy and the age of globalization, to war and recovery, the Atlantic economy, the rise of liberalism and patterns of convergence. The book provides a unique long-term perspective of change in a southern European country and its empire, which responds to the fundamental broader questions about when, how and why economies expand, stagnate or contract.
This book follows the renovation of European economic history towards a more unified interpretation of sources of growth and stagnation. To better understand the diversity of patterns of growth, we need to look beyond the study of the industrialization of the core economies, and explore the centuries before it occurred. Portuguese agriculture was hardly ever at the European productivity and technological forefront and the distance from it varied substantially across the second Millennium. Yet if we look at the periods of the Christian Reconquista, the recovery from the Black Death, the response to the globalization of the Renaissance, to the eighteenth century economic enlightenment, or to nineteenth century industrialization, we may conclude that agriculture in this country of the European periphery was often adaptive and dynamic. The fact that economic backwardness was not overcome by the end of the period is no longer the most relevant aspect of that story. Contributors are: Luciano Amaral, Amélia Branco, Dulce Freire, António Henriques, Pedro Lains, Susana Münch Miranda, Margarida Sobral Neto, Jaime Reis, Ana Maria Rodrigues, José Vicente Serrão and Ester G. Silva.
The first volume of The Cambridge Economic History of the Modern World traces the emergence of modern economic growth in eighteenth century Britain and its spread across the globe. Focusing on the period from 1700 to 1870, a team of leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include population and human development, capital and technology, geography and institutions, living standards and inequality, international flows of trade and labour, the international monetary system, and war and empire.
This book offers insights into the behaviour of the Portuguese economy in relation to economic growth from the twentieth century to the present. How did the 1891-92 crisis and World Wars impact Portugal economically? How did the Portuguese economy behave during the 'Golden Age' of economic growth in postwar Europe? What have the effects of the European Monetary Union been? Amaral examines long-running trends in the development of the modern Portuguese economy in order to help us understand various growth phases of the modern period. This title is important reading for economic historians and economists researching economic growth, crises, stablisation and monetary unions.
The Oxford Handbook of Portuguese Politics brings together the best scholars in the field offering an unrivalled coverage of the politics (broadly defined) of the country over the past 50 years. The Handbook includes eight sections. First, it looks at the past and present by making an overview of Portuguese political developments since democratization in the 1970s. Second, it looks at political institutions as the building blocks of Portuguese democracy. The third section examines mass politics and voters, that is, a thorough analysis of the demand-side of mass politics. The fourth section turns to the supply side of mass-politics by looking at parties and the party system. The fifth section looks at the Portuguese society by unpacking a plethora of societal aspects with direct implications for politics. The sixth section examines governance and public policies, with a view to understanding how a constellation of public policies has an impact on the quality of governance and in fostering well-being. The seventh section looks at Portugal and the European Union. The eighth and final section unpacks Portuguese foreign policy and defence.
Why was early modern Europe the starting point of the economic expansion which led to the Industrial Revolution? What was the state’s role in this momentous transformation? A History of States and Economic Policies in Early Modern Europe takes a comparative approach to answer these questions, demonstrating that wars, public finance and state intervention in the economy were the key elements underlying European economic dynamics of the era. Structured in two parts, the book begins by examining the central issues of the state–economy relationship, including military revolution, the fiscal state and public finance, mercantilism, the formation of commercial empires and the economic war between Britain and France in the 1700s. The second part presents a detailed comparison between the different economic policies of the most important European states, looking at their unique demographic, economic, military and institutional contexts. Taken as a whole, this work provides a valuable analysis of early modern economic history and a picture of Europe’s global position on the eve of the Industrial Revolution. This book will be useful to students and researchers of economic history, early modern history and European history.
For thousands of years, Portugal has been the point of arrival and departure for peoples, cultures, languages, ideas, fashions, behaviours, beliefs, institutions and produce. While its miscegenation and global multimodal activity enriched the world in many ways, it also provoked violence, war, suffering and resistance. The Global History of Portugal contains 93 chapters grouped into five parts: Pre-history, Antiquity, Middle Ages, Early Modern period and Modern World. Each chapter begins with an event, interpreted in the light of global history. Each part opens with an introduction, offering a perspective of the period in question. The three Editors, five Scientific Coordinators (João Luís Cardoso, Carlos Fabião, Bernardo Vasconcelos e Sousa, Catia Antunes and António Costa Pinto) and ninety Contributors offer a critical and analytical synthesis of the history that originated in Portuguese territory or passed through it, stimulating the process of encounter and dis-encounter in todays global world. The history presented gives special attention to the world that moulded Portugal and the Portuguese, and to the ways Portugal configured the world. It seeks to identify and understand the transversal entanglements of historic impact and the impulses these gave to the construction of Portugal and the world. Contemporary reflection and academic scholarship on the global history of leading nations has stimulated a rethinking of the past and a more comprehensive recognition of legacy. Historians can no longer overlook the wider world with which their country of investigation has interacted. Portugal's role in the dynamic circulation of peoples and ideas makes it global history not only unique by way of what took place but also in terms of a potential academic template for better understanding of how the past shapes the present, and more particularly the importance of acknowledging a country's past historic mis-steps and how these are dealt with by contemporary populations.
This book showcases the wide variety of commercial cosmopolitan practices that arose from the global economic entanglements of the early modern period. Cosmopolitanism is not only a philosophical ideal: for many centuries it has also been an everyday practice across the globe. The early modern era saw hitherto unprecedented levels of economic interconnectedness. States, societies, and individuals reacted with a mixture of commercial idealism and commercial anxiety, seeking at once to exploit new opportunities for growth whilst limiting its disruptive effects. In highlighting the range of commercial cosmopolitan practices that grew out of early modern globalisation, the book demonstrates that it provided robust alternatives to the universalising western imperial model of the later period. Deploying a number of interdisciplinary methodologies, the kind of ‘methodological cosmopolitanism’ that Ulrich Beck has called for, chapters provide agency-centred evaluations of the risks and opportunities inherent in the ambiguous role of the cosmopolitan, who, often playing on and mobilising a number of identities, operated in between and outside of different established legal, social, and cultural systems. The book will be important reading for students and scholars working at the intersection of economic, global, and cultural history.
Revised, updated and expanded, this second edition analyzes the structures and practices of European economies within a global context.