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A major feat of research and synthesis, this book presents the first comprehensive history of the Dutch economy in the nineteenth century--an important but poorly understood piece of European economic history. Based on a detailed reconstruction of extensive economic data, the authors account for demise of the Dutch economy's golden age. After showing how institutional factors combined to make the Dutch economy a victim of its own success, the book traces its subsequent emergence as a modern industrial economy. Between 1780 and 1914, the Netherlands went through a double transition. Its economy--which, in the words of Adam Smith, was approaching a "stationary state" in the eighteenth century--entered a process of modern economic growth during the middle decades of the nineteenth. At the same time, the country's sociopolitical structure was undergoing radical transformation as the decentralized polity of the republic gave way to a unitary state. As the authors show, the dramatic transformation of the Dutch political structure was intertwined with equally radical changes in the institutional structure of the economy. The outcome of this dual transition was a rapidly industrializing economy on one side and, on the other, the neocorporatist sociopolitical structure that would characterize the Netherlands in the twentieth century. Analyzing both processes with a focus on institutional change, this book argues that the economic and political development of the Netherlands can be understood only in tandem.

Niederlande. --- Agriculture (Chinese mythology). --- Agriculture. --- Balance of trade. --- Bank. --- Bankruptcy. --- Budget. --- Capital market. --- Case study. --- Cashier. --- Colonial surplus. --- Commodity. --- Comparative advantage. --- Competition. --- Corporatism. --- Credit risk. --- Cultivation System. --- Currency. --- Customer. --- Demand For Labor. --- Democratization. --- Dividend. --- Economic Life. --- Economic development. --- Economic growth. --- Economic policy. --- Economics. --- Economist. --- Economy of the Netherlands. --- Economy. --- Employment. --- Entrepreneurship. --- Expenditure. --- Expense. --- Financial crisis. --- Financial services. --- Fiscal policy. --- Fourth Anglo-Dutch War. --- Free trade. --- Government Paper. --- Government bond. --- Government debt. --- Haarlem. --- Income. --- Industrial production. --- Industrialisation. --- Industry. --- Infrastructure. --- Institution. --- Insurance. --- Interest rate. --- International trade. --- Investment. --- Investor. --- Laborer. --- Legislation. --- Liberalization. --- Manufacturing. --- Manure. --- Market price. --- Measures of national income and output. --- Middle class. --- National accounts. --- Patriot movement. --- Payment. --- Political entrepreneur. --- Politician. --- Politics. --- Poor relief. --- Poverty. --- Primary sector of the economy. --- Productivity. --- Protectionism. --- Public finance. --- Real wages. --- Recession. --- Relative price. --- Retail. --- Rye bread. --- Saving. --- Scarcity. --- Secondary sector of the economy. --- Service Sector. --- Shipbuilding. --- Shortage. --- Stadtholder. --- State formation. --- Subsidy. --- Supply (economics). --- Tariff. --- Tax. --- Textile industry. --- Trade union. --- Transaction cost. --- Uncertainty. --- Unemployment. --- Urbanization. --- Wage. --- Wealth. --- Welfare state. --- World economy.