The ‘Great Drain’ and Industrialisation: Commodity Flows from Periphery to Centre in Historical Perspective

David S. Landes
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David S. Landes: Harvard University

Chapter 14 in Economic Growth and Resources, 1980, pp 294-327 from Palgrave Macmillan

Abstract: Abstract The economic development of the industrial nations of Europe may be envisaged and analysed from many points of view. One of these, which will form the subject of this paper, is the commercial: European industrialisation as the outcome of a millennial Smithian process of division of labour between Europe as manufacturing Centre, workshop to the world, and the other countries as agrarian and mining Periphery, purveyor of raw materials in exchange for Europe’s manufactures.

Keywords: Nineteenth Century; Beet Sugar; Eighteenth Century; Industrial Revolution; Cane Sugar (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-04063-6_14

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DOI: 10.1007/978-1-349-04063-6_14

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