Published online by Cambridge University Press: 05 June 2012
An early symptom of change in the French economy during the eighteenth century was the increasingly hectic pace of activity in the great sea ports. The quaysides were laden with textiles, hardware, furniture, foodstuffs, wines, and brandies, destined for markets which doubtless sounded as exotic to contemporaries as they do to us: the Levant, Barbary, Oceania and the Antilles. A motley assortment of capitalists and sea-farers, spurred on by ‘the taste for adventure, the spirit of enterprise and above all the search for profit’, managed to establish France as one of the major trading nations of the world [15, II, 196]. But the question remains as to how important these exports were in launching and sustaining the development of the economy. Could they be described as a ‘leading sector’, providing an external stimulus for the rest of the economy? Or is this to put the cart before the horse? In other words, were rising exports more a consequence than a cause of increased production? Needless to say, establishing a relationship between trade and development in a particular economy is never easy. As Kindleberger warns, the temptation for economic historians has been to assert that an expansion of exports promoted economic growth (or that a contraction slowed it), without specifying the mechanisms at work [60, 264]. Of late, however, they have begun to take a more sophisticated approach, within the limitations of their sources.
To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.