Russia's 'Age of Silver' (Routledge Revivals): Precious-Metal Production and Economic Growth in the Eighteenth Century

Author:   Ian Blanchard
Publisher:   Taylor & Francis Ltd
ISBN:  

9781138777972


Pages:   450
Publication Date:   29 September 2015
Format:   Paperback
Availability:   In Print   Availability explained
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Russia's 'Age of Silver' (Routledge Revivals): Precious-Metal Production and Economic Growth in the Eighteenth Century


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Overview

First published in 1989, Russia’s ‘Age of Silver’ represents a major contribution to the history of the international economy during the eighteenth century, challenging old prejudices and establishing the importance of Russian precious-metal production. Ian Blanchard examines the nature of the Central and South America specie crisis of 1670 to 1760, and the response of European precious-metal producers. He highlights the rise of the Russian copper industry to a position of world supremacy, and the Siberian gold and silver mines to ‘old world’ supremacy. The study explains why Russia experienced little inflation and why no metal was exported: the economy acted as a sponge, absorbing the flood of coins as monetary expansion was paralleled by rapid economic growth. These developments doubled average per capita incomes over the course of the century, so that between 1788 and 1807 the average Russian enjoyed an income equivalent to that of their British counterpart. Providing a comprehensive analysis, this reissue will be of particular value to students and researchers with an interest in Russian economic history.

Full Product Details

Author:   Ian Blanchard
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Dimensions:   Width: 13.80cm , Height: 2.30cm , Length: 21.60cm
Weight:   0.453kg
ISBN:  

9781138777972


ISBN 10:   1138777978
Pages:   450
Publication Date:   29 September 2015
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

List of figures; List of maps and plans; List of tables; Acknowledgements; Part One: International Precious-Metal Production and Distribution 1670-1770 1. The South and Central American mining ‘crisis’ 2. The European producers’ response; Part Two: Russian Precious-Metal Production and Economic Development 3. Russian precious-metal production 4. Russian money supply 5. Russian economic growth; Part Three: Russian Silver and International Specie Markets in the Eighteenth Century 6. Conclusion: Russian silver and international specie markets in the eighteenth century; Appendix 1: Russian precious-metal and copper production; Appendix 2: Russian monetary stocks, prices, transactions demand and national income; Notes and references; Bibliography

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