LOGIN TO YOUR ACCOUNT

Username
Password
Remember Me
Or use your Academic/Social account:

CREATE AN ACCOUNT

Or use your Academic/Social account:

Congratulations!

You have just completed your registration at OpenAire.

Before you can login to the site, you will need to activate your account. An e-mail will be sent to you with the proper instructions.

Important!

Please note that this site is currently undergoing Beta testing.
Any new content you create is not guaranteed to be present to the final version of the site upon release.

Thank you for your patience,
OpenAire Dev Team.

Close This Message

CREATE AN ACCOUNT

Name:
Username:
Password:
Verify Password:
E-mail:
Verify E-mail:
*All Fields Are Required.
Please Verify You Are Human:
fbtwitterlinkedinvimeoflicker grey 14rssslideshare1
Watson, Matthew (2016)
Publisher: Routledge
Languages: English
Types: Article
Subjects: HC, HF
David Ricardo’s theory of comparative advantage is now two centuries old, but it remains at the heart of economists’ theories of international trade. It also continues to provide the underlying economic ethic for liberal International Political Economy (IPE). Ricardo’s numerical illustration of the mutually shared gains from specialisation and trade involvedcomplementary structures of comparative advantage being exhibited by a productively superior hypothetical “Portugal” and a productively inferior hypothetical “England”. Yet the historical back-story of actual eighteenth-century trading relations between the two countries reveals Portugal’s repeated struggles to meet its treaty obligations to the English in the context of the European quest for empire. Those difficulties persisted even when it harnessed its (less profitable) commercial trade to (much more profitable) slave trading practices. Ricardo’s account of the purely mathematical logic of comparative advantage writes out of economic history the centrality of both imperial wars and African slavery to the early English and Portuguese experience of “free” trade. Given this historical back-story, liberal IPE thus appears to be in urgent need of new normative foundations to decouple it from these highly illiberal economic processes.
  • The results below are discovered through our pilot algorithms. Let us know how we are doing!

    • 1. Its essence is located in the first two of three articles, which read (Chitty 1824: 111):
    • Black, R.D.C. (Bob) (1995), Economic Theory and Policy in Context: The Selected Essays of R.D. Collison Black (Cheltenham: Edward Elgar).
    • Blackburn, R. (1997), The Making of the New World Slavery: From the Baroque to the Modern, 1492-1800 (London: Verso).
    • Bowden, P. (2006), The Wool Trade in Tudor and Stuart England, reprinted ed. (London: Routledge).
    • Brooks, G. (2003), Eurafricans in Western Africa: Commerce, Social Status, Gender, and Religious Observance from the Sixteenth to the Eighteenth Century (Athens, OH: Ohio University Press).
    • Chàvez, T. (2002), Spain and the Independence of the United States: An Intrinsic Gift (Albuquerque, NM: University of New Mexico Press).
    • Chipman, J. (1965), 'A Survey of the Theory of International Trade: Part 1, The Classical Theory', Econometrica, 33 (3), pp. 477-519.
    • Chitty, J. (1824), Treatise on the Laws of Commerce and Manufactures, and the Contracts Relating Thereto, Volume II (London: Henry Butterworth).
    • Cohn, T. (2012), Global Political Economy, 6th ed. (New York: Pearson Education International).
    • Crane, G. and Amawi, A. (1997), The Theoretical Evolution of International Political Economy: A Reader, 2nd ed. (Oxford: Oxford University Press).
    • Cronin, P. (2003), 'The Doha Round: Prospects for the Rules-based Trading System', in R. Goddard, P. Cronin and K. Dash (eds), International Political Economy: State-Market Relations in a Changing Global Order, 2nd ed. (Basingstoke: Palgrave Macmillan), pp. 369-90.
    • Cypher, J. (2014), The Process of Economic Development, 4th ed. (London: Routledge).
    • Davis, T. (2005), Ricardo's Macroeconomics: Money, Trade Cycles, and Growth (Cambridge: Cambridge University Press).
    • Deane, P. and Cole, W.A. (1967), British Economic Growth 1688-1959 (Cambridge: Cambridge University Press).
    • DeWitt, J. (2002), Early Globalization and the Economic Development of the United States and Brazil (Westport, CT: Praeger).
    • Duguid, P. (2003), 'The Making of Methuen: The Commercial Treaty in the English Imagination', Historia, 3 (4), pp. 9-36.
    • Dunn, B. (2009), Global Political Economy: A Marxist Critique (London: Pluto Press).
    • Elbl, I. (2006), 'Portugal, Brazil, and the Atlantic World', in M. Francis (ed.), Iberia and the Americas: Culture, Politics, and History - A Multidisciplinary Encyclodepia, Volume 1 (Santa Barbara, CA: ABC-CLIO), pp. 29-40.
    • Ferreira, S. (2015), The Crown, the Court and the Casa da Índia: Political Centralization in Portugal 1479-1521 (Boston, MA: Brill).
    • Frieden, J. (2006), Global Capitalism: Its Fall and Rise in the Twentieth Century (New York: W.W. Norton and Co.).
    • Furtado, C. (1963), The Economic Growth of Brazil: A Survey from Colonial to Modern Times (Berkeley, CA: University of California Press).
    • Gill, S. and Law, D. (1988), The Global Political Economy: Perspectives, Problems and Policies (London: Harvester Wheatsheaf).
    • Gilpin, R. (1987), The Political Economy of International Relations (Princeton, NJ: Princeton University Press).
    • Goddard, R., Cronin, P. and Dash, K. (eds) (2003), International Political Economy: State-Market Relations in a Changing Global Order, 2nd ed. (Basingstoke: Palgrave Macmillan).
    • Grieco, J. and Ikenberry, J. (2003), State Power and World Markets: The International Political Economy (New York: W.W. Norton and Co.).
    • Hanson, C. (1981), Economy and Society in Baroque Portugal, 1668-1703 (Minneapolis, MN: University of Minnesota Press).
    • Harding, R. (1999), Seapower and Naval Warfare, 1650-1830 (London: Routledge).
    • Hiscox, M. (2014), 'The Domestic Sources of Foreign Economic Policies', in J. Ravenhill (ed.), Global Political Economy, 4th ed. (Oxford: Oxford University Press), pp. 74-105.
    • Inikori, J. (2002), Africans and the Industrial Revolution in England: A Study in International Trade and Economic Development (Cambridge: Cambridge University Press).
    • Janssen, T. [1995 (1713)], 'General Maxims in Trade, Particularly Applied to the Commerce Between Great Britain and France', in L. Magnusson (ed.), Mercantilism: Critical Concepts in the History of Economics, Volume I (London: Routledge), pp. 288-350.
    • Kegley, C. and Raymond, G. (2006), The Global Future: A Brief Introduction to World Politics, 3rd ed. (Boston, MA: Cengage).
    • Kiernan, V.G. (1973), 'The Old Alliance: England and Portugal', in R. Miliband and J. Saville (eds), The Socialist Register, Volume 10 (London: Merlin Press), pp. 261-82.
    • Klein, H. and Luna, F.V. (2010), Slavery in Brazil (Cambridge: Cambridge University Press).
    • Krätke, M. and Underhill, G.R.D. (2006), 'Political Economy: The Revival of an “Interdiscipline”', in R. Stubbs and G.R.D. Underhill (eds), Political Economy and the Changing Global Order, 3rd ed. (Oxford: Oxford University Press), pp. 24-38.
    • Lach, D. and Van Kley, E. (1993), Asia in the Making of Europe: Volume III - A Century of Advance (Chicago, IL: University of Chicago Press).
    • Lang, J. (1979), Portuguese Brazil: The King's Plantation (New York: Academic Press).
    • Ludington, C. (2013), The Politics of Wine in Britain: A New Cultural History (Basingstoke: Palgrave Macmillan).
    • Lynn, J. (1999), The Wars of Louis XIV 1667-1714 (London: Routledge).
    • Magdoff, H. (1978), Imperialism: From the Colonial Age to the Present - Essays by Harry Magdoff (New York: Monthly Review Press).
    • Mahan, A.T. (1987), The Influence of Sea Power Upon History, 1660-1783 (New York: Dover).
    • Maliniak, D. and Tierney, M. (2009), 'The American School of IPE', Review of International Political Economy, 16 (1), pp. 6-33.
    • Maneschi, A. (1998), Comparative Advantage in International Trade: A Historical Perspective (Cheltenham: Edward Elgar).
    • Maxwell, K. (2003), Naked Tropics: Essays on Empire and Other Rogues (London: Routledge).
    • Mayson, R. (2013), Port and the Douro (Oxford: Infinite Ideas).
    • McIntyre, R. (1999), 'Working Knowledge of Economics?', in R. Garnett (ed.), What Do Economists Know? New Economics of Knowledge (London: Routledge), pp. 236-50.
    • Miller, R. (2008), International Political Economy: Contrasting World Views (London: Routledge).
    • Nye, J. (2007), War, Wine, and Taxes: The Political Economy of Anglo-French Trade, 1689-1900 (Princeton, NJ: Princeton University Press).
    • O'Brien, R. and Williams, M. (2010), Global Political Economy, 3rd ed. (Basingstoke: Palgrave Macmillan).
    • O'Flanagan, P. (2008), Port Cities of Atlantic Iberia, c. 1500-1900 (Aldershot: Ashgate).
    • Oliveira Marques, A.H. de (1972), History of Portugal, 2 vols. (New York: Columbia University Press).
    • Peet, R. and Hartwick, E. (2015), Theories of Development: Contentions, Arguments, Alternatives, 3rd ed. (New York: Guildford Press).
    • Pettman, R. (1996), Understanding International Political Economy (Boulder, CO: Lynne Rienner).
    • Phillips, N. (2005), '“Globalizing” the Study of International Political Economy', in N. Phillips (ed.), Globalizing International Political Economy (Basingstoke: Palgrave Macmillan), pp. 1-19.
    • Ricardo, D. [2004 (1817/1821)], On the Principles of Political Economy and Taxation, Collated Text of all Three Editions (Indianapolis, IN: Liberty Fund Press).
    • Ricardo, D. [2004 (1820)], Notes on Malthus's Principles of Political Economy (Indianapolis, IN: Liberty Fund Press).
    • Robinson, J. (1977), 'What are the Questions?', Journal of Economic Literature, 15 (4), pp. 1318-39.
    • Rowlands, G. (2012), The Financial Decline of a Great Power: War, Influence, and Money in Louis XIV's France (Oxford: Oxford University Press).
    • Samuelson, P. (1969), 'The Way of an Economist', in P. Samuelson (ed.), International Economic Relations: Proceedings of the Third Congress of the International Economic Association (London: Macmillan), pp. 1-11.
    • Schabas, M. (2005), The Natural Origins of Economics (Chicago, IL: University of Chicago Press).
    • Seavoy, R. (2003), Origins and Growth of the Global Economy: From the Fifteenth Century Onward (Westport, CT: Greenwood Press).
    • Sideri, S. (1970), Trade and Power: Informal Colonialism in Anglo-Portuguese Relations (Rotterdam: Rotterdam University Press).
    • Smith, A. [1981 (1776/1784)], An Inquiry into the Nature and Causes of the Wealth of Nations (Indianapolis, IN: Liberty Fund Press).
    • Smith, J. (2013), A History of Brazil (London: Routledge).
    • Smyth, A. (2004), A Pleasing Sinne: Drink and Conviviality in Seventeenth-Century England (Rochester, NY: D.S. Brewer).
    • Solow, B. (1987), 'Capitalism and Slavery in the Exceedingly Long Run', in B. Solow and S. Engerman (eds), British Capitalism and Caribbean Slavery: The Legacy of Eric Williams (Cambridge: Cambridge University Press), pp. 51-77.
    • Stening, S., et al. (2004), 'The United Kingdom', in K. Anderson (ed.), The World's Wine Markets: Globalization at Work (Cheltenham: Edward Elgar), pp. 124-40.
    • Strange, S. (1994), States and Markets, 2nd ed. (London: Pinter).
    • Unwin, T. (1991), Wine and the Vine: An Historical Geography of Viticulture and the Wine Trade (London: Routledge).
    • Walter, R. (2013), A Critical History of the Economy: On the Birth of the National and International Economies (London: Routledge).
    • Williamson, J. and Milner, C. (1991), The World Economy: A Textbook in International Economics (New York: Harvester Wheatsheaf).
  • Inferred research data

    The results below are discovered through our pilot algorithms. Let us know how we are doing!

    Title Trust
    40
    40%
  • Discovered through pilot similarity algorithms. Send us your feedback.

Share - Bookmark

Funded by projects

  • RCUK | Exploring the Concept of '...

Cite this article