Foundations of Worldwide Economic Integration

Christof Dejung is Senior Lecturer and Researcher in the Department of History and Sociology at the University of Konstanz, Germany. Niels P. Petersson is Senior Lecturer in History at Sheffield Hallam University.

• Preface Harold James; Introduction: power, institutions, and global markets - actors, mechanisms, and foundations of worldwide economic integration, 1850–1930 Christof Dejung and Niels P. Petersson; Part I. Legal Institutions and Private Actors: 1. Legal institutions and the world economy, 1900–30; 2. Against globalisation: sovereignty, courts, and the failure to coordinate international bankruptcies (1870–1940) Jérôme Sgard; 3. Credit information, institutions, and international trade: the UK, US, and Germany, 1850–1930 Rowena Olegario; Part II. Colonial Markets and Non-Western Actors: 4. The London Stock Exchange and the colonial market: a study of internationalisation and power Bernard Attard; 5. The London gold market, 1900–31 Bernd-Stefan Grewe; 6. The boundaries of Western power: the colonial cotton economy in India and the problem of quality Christof Dejung; 7. The colonised as global traders: Indian trading networks in the world economy, 1850–1939 Claude Markovits; 8. The international patent system and the global flow of technologies: the case of Japan, 1880–1930 Pierre-Yves Donzé; Part III. World War I and the Consequences for Economic Globalisation: 9. Transnational cooperation in wartime: the international protection of intellectual property rights during the First World War Isabella Löhr; 10. The resilience of globalisation during the First World War: the case of Bunge and Born in Argentina Philip Dehne; 11. Global economic governance and the private sector: the League of Nations' experiment in the 1920s Michele d'Alessandro.

'It has become commonplace to argue that institutions and rules matter greatly to economic performance. But how did these institutions and rules emerge and take the particular shapes that they did? Christof Dejung and Niels P. Petersson's significant collection takes a sustained look at global trade in the late nineteenth and early twentieth centuries and shows how European merchants, Indian peasants, imperial statesmen, and others, constructed these institutions and rules. Far from a definite set of tools, the institutions that enabled global trade were the outcome of sustained social contestation on local marketplaces, in national politics, and across ocean-spanning trade networks. Power is back to the debate on institutions - and this book is a must-read for anyone interested in this important story.' Sven Beckert, Harvard University