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19th Century Globalization: the economic consequences of globalization realign domestic politics

A lecture of Prof. Spencer Wellhofer

Oct 12, 2005 from 06:00 PM to 07:00 PM

Where Residenza Studi Superiori, Via Fantin 15, Bologna

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The research develops from the insights provided by the Hecksher-Ohlin Trade Theorem and the Gershenkronian Collectivist Dilemma on effects of the 19th Century Globalization on domestic political alignments and democratic transitions in Argentina, Italy, and Britain, 1870-1950. The cases represent three different responses to 19th Century Globalization: Italy followed protectionist policies; Argentina opted for free trade in agricultural products, and Britain for free trade in manufactures. Each policy represented responses to different domestic political coalitions of land, labor, and capital. The policies strengthened the winning coalitions and disadvantaged the losers with consequences for democratic politics