This book concentrates on how small European countries coped with economic integration and disintegration during the twentieth century. Small countries had to adapt flexibly to the drastically changing conditions outside their borders. They had to find ways of maintaining their political autonomy notwithstanding their economic dependence, and they have been quite successful in accomplishing this difficult balancing act. The authors analyse how small countries responded to the challenges of the international system and describe the different policies and strategies pursued by governments, industries and firms. Originating from the XIII. Congress of the International Economic History Association (IEHA), the contributions to this volume offer new perspectives on a widely debated topic and contribute to a better understanding of the current process of globalisation in small and large countries. The volume is divided into three sections: I. Coping with Different Regimes for International Trade and Changing Competitiveness; II. From an Open World Economy to Economic Disintegration and Protectionism; III. Trade Liberalisation, European Integration and Deregulation.
The Editors: Margrit Muller has been assistant professor and senior lecturer for economic and business history at the Faculty of Economics and the Department of History at the University of Zurich, Switzerland. She is currently engaged in a research project on Switzerland as home and host country of foreign direct investments. Her academic work focuses on the relationship between organisational change and economic fluctuations and on processes of innovation and internationalisation. She was president of the Swiss Society for Economic and Social History between 1999 and 2005. Timo Myllyntaus is professor of Finnish history at Turku University, Finland. He earned a Ph.D. in economic history at the London School of Economics. He has worked as a research fellow at the Academy of Finland and as a Visiting Scholar at Clare Hall College, Cambridge University. Interdisciplinarity characterizes his academic work, which focuses on four fields: society, economy, technology and environment. The history of small countries is one of his main research interests. He is Secretary General of ICOHTEC.
Contents: Margrit Muller: Introduction - Olle Krantz: Economic Growth and Economic Policy in Sweden in the Twentieth Century: A Comparative Perspective - Lars Svensson: Foreign Competition and Labour Market Institutions in a Small Open Economy: Sweden during the Short Twentieth Century - Herman de Jong/Jan-Pieter Smits: Changing Patterns of Competitiveness in Dutch Manufacturing during the Twentieth Century: Factor or Technology Driven? - Margrit Muller: From Protectionism to Market Liberalisation: Patterns of Internationalisation in the Main Swiss Export Sectors - Even Lange/Helge Pharo: Have your Cake and Eat it too. National Policy and Private Interest in a Small Open Economy: The Case of Norway - Maria Eugenia Mata: A Forgotten Country in Globalisation? The Role of Foreign Capital in Nineteenth-Century Portugal - Anne-Lise Head-Koenig: The Process of Globalisation in the Swiss Labour Market Viewed in the Context of Three Major Export Industries (1880-1939) - Patrick Halbeisen: Open Financial Markets in Switzerland and their Impact on Monetary and Financial Policy - Ola Honningdal Grytten: A Small Country's Policy Response to Global Economic Disintegration during the Interwar Years of Crisis - Hein A. M. Klemann: Political Development and International Trade: The Netherlands 1929-1941 - Ivan Jakubec: Czechoslovak Industry 1918-1938/1939: Outlet Problems for Goods - Hans Otto Froland: In Pursuit of Selective Protectionism: The Norwegian Experience, 1920s-1950s - Gudmundur Jonsson/Sigurdur Snaevarr: Iceland's Response to European Economic Integration, 1945-1960 - Isabelle Cassiers/Philippe Ledent: Belgian Monetary Policy under Bretton Woods - Timo Myllyntaus: Unharnessing Capital: Deregulation of International Capital Movements and Finnish Monetary Policy in the 1980s - Thomas David/Andre Mach/Tobias Straumann: The Questioning of Selective Protectionism in Switzerland: Cartel Law Reform and Corporate Governance Changes in the 1990s - Kersti Ullenhag: Globalisation, Management Education and Management Practice: The Case of the IFL, Sweden - L'udovit Hallon: Slovakia's International Economic Integration from 1993.