Government Economic Policy in Pre-Industrial Europe
59 Pages Posted: 6 Dec 2005
Date Written: November 2005
Government had an enormous impact on economic growth and development in pre-industrial Europe. Mostly, this was unintended - a side effect, for example, of government exaction or of the waging of war. However, governments did also intervene in their economies deliberately. These interventions can be grouped into a number of policies - the pursuit of legibility, a policy of provision, protectionism, bullionism, and mercantilism. This paper examines why governments pursued these policies, what form these policies took, and what were their effects on the economy.
Keywords: regulation, protection, bullionism, mercantilism, food policy, pre-industrial Europe
JEL Classification: N43, N13, F13, L41, L50, L53, Q18
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