An Island for Itself
Economic Development and Social Change in Late Medieval Sicily
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Island for Itself by Stephan R. Epstein
Book DescriptionThis study of late medieval Sicily develops a critique of theories of dependence through trade, and a new interpretation of the late medieval economy. It thus addresses current debates on the origins of modern Italian economic dualism, and on the transition from feudalism to capitalism in early modern Europe. Dr Epstein argues that economic development during this period was shaped largely by regional political and institutional structures which regulated access to markets. Following the Black Death, many institutional and social constraints on commercialization were relaxed throughout western Europe as a result of social conflict and demographic change. Peasants became more commercialized; economic growth occurred through regional integration and specialization. The Sicilian economy also expanded and became increasingly export-oriented. although only a small proportion of its output was shipped abroad before 1500. Late medieval Sicily is thus shown to have been neither underdeveloped nor dependent on foreign manufactures and trade.
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Book DetailsISBN: 9780521525077
(216mm x 138mm x 27mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Nov-2003
Country of Publication: United Kingdom
Books By Author Stephan R. Epstein
Freedom and Growth, Paperback (August 2006)» View all books by Stephan R. Epstein
Examines whether different kinds of 'freedoms' caused different economic outcomes, and shows the effect of different political regimes on long term development. This book offers answers to debates on the transition from feudalism to capitalism and on the causes of pre-industrial growth and divergence.
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