Fall Term 1993
Ivan Berend (Part I)
David F. Good (Part II)
Department of History

Course Description

A survey of the patterns of economic development on the European continent in the age of industrialization. The main questions and phases of the Industrial Revolution in Britain and its spread to the Continent. A region-by-region analysis of the levers and obstacles of the industrialization of Europe.

Topics -- Part I:

1. The Industrial Revolution - the internationalism of the European economy and England
D.Landes, The Urban Prometheus. Cambridge
A. G. Kenwood - A.Longhead, The Growth of the International Economy 1820-1980. London, Sydney.
P.Mathias, The First Industrial Nation. An Economic History of Britain. London.1989.

2. The Successful Late Comers - Germany and Scandinavia
C. Cipolla ed. The Fontana Economic History of Europe. Vol. IV. 1-2.esp. Borchardt.
C.Trebilcock, The Industrialization of the Continental Powers, 1780-1914. London, 1981. New York. esp. 2.5.chapter
A. Milward - S.Saul, The Economic Development of Continental Europe. 1780-1870. London. 6. 8. chapter

3. The European Periphery
I.T.Berend - Gy. Ranki, Industrialization and the European Periphery.1780-1914. Cambridge.
A. Gerschenkhron, Economic Backwardness in Historical Perspective. Cambridge.

4. The Austro-Hungarian Monarchy and the Mediterranean Model
I.T. Berend-Gy.Ranki, The Economic Development of East-Central Europe in the 19th and 20th Centuries. New York. 1974.
C. Trebilcock, see above 5. chapter
C. Cipolla, see above IV.1. 4.5. chapter and IV. 2.9.chapter

5. The Russian Empire and the Balkans
C. Cipolla, see above IV.2.8. chapter
I.T.Berend Gy. Ranki, The Economic Development of East Central Europe in the 19th and 20th century. New York. 1974.

Topics -- Part II:

Three key issues in the modern economic history of Central and Eastern Europe:
1. Relative economic backwardness within the region and compared to Western Europe.
2. The relative importance of the state and markets in long-term economic growth.
3. The character of international economic relations--alternating phases of centralization and decentralization. Watersheds with respect to the above issues: WWI, WWII, and the collapse of the Soviet empire.
Approach: interaction of theory and history: use models to establish a framework for understanding history; use history to provide data and perspective for theorizing about present-day issues.

1. Relative Economic Backwardness in Habsburg Central and Eastern Europe Conceptual Framework
A. Defining and Measuring Modern Economic Growth
B. Proximate Sources of Modern Economic Growth
C. Timing: Continuity vs. Discontinuity

2. The Timing of Economic Growth in the Habsburg Empire
A. The West-East Gradient in the 18th C. within Europe and within the Empire.
B. The Beginning of Sustained Growth in the Western Lands in the Early 19th C.
C. The Delayed Spread of Economic Growth Eastward.
D. Quantitative Evidence on Income Disparities within the Habsburg Empire and compared to Europe: Levels in 1879, Convergence to 1910, and Levels in 1910.

3. Patterns of Economic Development in the l 9th Century.

4. The State and Economic Development

5. The Political Economy of Imperial Collapse

Required Reading:
Good, David (1984). The Economic Rise of the Habsburg Empire 1750- 1914. Berkeley: University of California Press.
Sked, Alan. (1989). The Decline & Fall of the Habsburg Empire,1815/1918. London: New York.
Sylla, Richard and Toniolo, Gianni, eds. (1991). Patterns of European Industrialization: The Nineteenth Century. London: Routledge.
The Cambridge Economic History of Europe (1989), vol. 8. Cambridge: Cambridge University Press.

Supplementary Reading:
Berend, Ivan and Ranki Gyorgy (1974). Economic Development in East-Central Europe in the 19th and 20th Centuries. New York: Columbia University Press.
Berend, Ivan and Ranki Gyorgy (1979). Underdevelopment and Economic Growth: Studies in Hungarian social and Economic History. Budapest:_ Akademiai Kiado.
Cameron, Rondo and Bovykin, V.I., eds. (1991). International Banking 1870-1914. New York: Oxford University Press.
Gerschenkron, Alexander (1977). An Economic Spurt that Failed. Princeton, NJ.: Princeton University Press.
Huertas, Thomas (1977). Economic Growth and Economic Policy in a Multinational Setting. New York: Arno Press.
Janos, Andrew C. (1982). The Politics of Backwardness in Hungary 1825-1945. Princeton: Princeton University Press.
Jaszi, Oscar (1961). The Dissolution of the Habsburg Monarchy. Chicago: University of Chicago Phoenix Books.
Kann, Robert; Kiraly, Bela and Fichtner, Paula; eds. (1977). The Habsburg Empire in World War I. New York: Columbia University Press (for East European Quarterly, Boulder, Co.).
Komlos, John (1990a), ed. Economic Development in the Habsburg Monarchy and the Successor States. New York: Columbia University Press (for East European monographs, Boulder, Colo.).
Komlos, John (1983a), ed. Economic Development in the Habsburg Monarchy in the Nineteenth Century. Boulder, Colo.: East European Monographs.
Komlos, John (1990b). Stature, Nutrition, and Economic Development in the Eighteenth-Century Habsburg Monarchy: The 'Austrian' Model of the Industrial Revolution. Princeton: Princeton University Press.
Komlos, John (1983b). The Habsburg Monarchy as a Customs Union: Economic Development in Austria-Hungary in the Nineteenth Century. Princeton: Princeton University Press.
Koropeckyj, I.S., Ed. (1991). Ukrainian Economic History: Interpretative Essays. Cambridge, Mass.: HURI (Harvard University Press).
Mearz, Eduard 1984). Austrian Banking & Financial Policy: Creditanstalt at a Turning Point, 1913-1923. New York: St. Martin's Press.
Pamlenyi, E. ed. (1970). Social and Economic Researches on the History of East-Central Europe. Budapest: Akademiai Kiado.
Research in Economic History. (1989) Supplement 5. Greenwich, Conn., JAI Press.
Rudolph, Richard (1976). Banking and Industrialization in Austria-Hungary. Cambridge: Cambridge University Press.
Rudolfp, Richard and Good, David F. (1992), eds. Nationalism and Empire: The Habsburg Monarchy and the Soviet Union. New York St. Martin's Press.
Williamson, Samuel R. (1991). Austria-Hungary and the origins of the First World War. New York: St. Martin's Press.

Berend, Ivan and Ranki Gyorgy. "National Income and Capital Accumulation in Hungary, 1867-1914." In: Berend and Ranki (1979).
Carter, F.W. "The Industrial Development of Prague, 1800-1850." In: Komlos (1990).
Good, David (1986). "Uneven Development in the Nineteenth Century: A Comparison of the Habsburg Empire and the United States. Journal of Economic History 46, 137-151 (to be supplied by the author).
Gross, Nachum. "Economic Growth and the Consumption of Coal in Austria and Hungary 1831-1913." In: Komlos (1990a).
Katus, Laszlo., "Economic Growth in Hungary During the Age of Dualism 18671913: A Quantitative Analysis." In: Pamlenyi (1970).
Katus, Laszlo. "Transport Revolution and Economic Growth in Hungary." In: Komlos (1983a).
Klima, Arnost. "Industrial Growth and Entrepreneurship in the Early Stages of Industrialization in the Czech Lands." In: Komlos (1983a).
Komlos (1983), Chap. 4 up to p. 147 only.

CRC-Curriculum Resource Center
CEU Budapest, Hungary
Modified: June, 1996


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