In this revised and updated edition, An Economic History of Europe re-establishes itself as the leading textbook on European economic history. With an expanded scope, from prehistory to the present, it will be invaluable source for students, educators and researchers seeking to better understand Europe's long-run economic development. The authors cover key themes including the rise of institutions, technological advancements, globalization, and the Industrial Revolution, with a fresh emphasis on the wider impact of economic policies on welfare reflecting a broader understanding of societal well-being. The chronological structure, clear explanations, case studies, and minimal use of complex mathematics make this an accessible approach that allows students to apply economic theories in historical practice. The new edition also connects historical development to urgent contemporary issues such as modern-day sustainability goals. This comprehensive guide provides students with both a historical narrative of Europe's economic transformation, and the essential tools for analysing it.
A pan-European history of economic development, situated within its wider global context, helps students to appreciate broader trends
Contains revised and expanded case studies demonstrating how students can put economic theories in historical practice
Connects economic history to modern global challenges today, especially sustainability
Expands the scope of traditional economic history to include welfare, reflecting a broader understanding of societal well-being
Incorporates innovative new research in areas from pre-history to the Eurozone crisis, allowing students to keep ahead of the most current themes emerging in their field
Introduction
1. The making of Europe
2. Europe from obscurity to economic recovery
3. Population and resource constraints
4. The nature and extent of economic growth in the pre-industrial epoch
5. Institutions and efficiency
6. Knowledge, technology transfer and convergence
7. Money, credit and banking
8. Trade and globalization
9. Factor markets and globalization
10. What (should) governments do
11. Inequalities between individuals, households and nations
Appendix
Glossary.