Power and Plenty: Trade, War and the World Economy in the Second Millennium (Preface)

This book provides the first systematic, integrated, analytical account of the evolution of the international economy during the last millennium. It emphasizes the two-way interaction between trade and geopolitics, and the importance of such interactions for world economic development.

Commodity Market Integration, 1500-2000

This paper provides a summary of what is known about trends in international commodity market integration during the second half of the second millennium. The range of goods which have been traded between continents since the Voyages of Discovery has steadily increased over time, and there has been substantial commodity market integration over the period, driven by technology in the 19th century and politics in the late 20th century. However, this trend towards greater market integration was not monotonic; it was periodically interrupted by shocks such as wars and world depressions, or by endogenous political responses to the distributional effects of globalization itself. In some periods politics has reinforced the effects of technology, while in other periods it has offset them. In several cases, severe shocks have had long-run effects on the international integration of commodity markets, as a result of politically induced hysteresis. Finally, we know remarkably little about international commodity market integration during the 20th century.

Commodity market integration, 1500-2000

This paper provides an introduction to what is known about trends in international commodity market integration during the second half of the second millennium. Throughout, our focus is on intercontinental trade, since it is the emergence of large-scale trade between the continents which has especially distinguished the centuries following the voyages of da Gama and Columbus. This is by no means to imply that intra-European or intra-Asian trade was in any sense less significant It is simply a consequence of the limitations of space

DOD Leases of Foreign-Built Ships: Background for Congress

This report briefly discusses the Department of Defense leasing foreign-built ships, the opponents of this practice, and related legislation

Coast Guard Cutter Procurement: Background and Issues for Congress

This report looks at the cost of funding the Coast Guard's program of record's (POR) call for procuring eight National Security Cutters (NSCs), 25 Offshore Patrol Cutters (OPCs), and 58 Fast Response Cutters (FRCs) as replacements for 90 aging Coast Guard cutters and patrol craft. It also addresses issues for maintenance, future acquisition, and definitions of the types of cutters

Navy Ford (CVN-78) Class Aircraft Carrier Program: Background and Issues for Congress

CVN-78, CVN-79, and CVN-80 are the first three ships in the Navy's new Gerald R. Ford (CVN-78) class of nuclear-powered aircraft carriers (CVNs). This report the procurement schedules, budgets, and funding for each of these ships, as well as potential oversight issues for Congress

Navy Force Structure and Shipbuilding Plans: Background and Issues for Congress

This report provides background information and presents potential issues for Congress concerning the Navy's ship force-structure goals and shipbuilding plans. Decisions that Congress makes on Navy shipbuilding programs can substantially affect Navy capabilities and funding requirements, and the U.S. shipbuilding industrial base

F-35 Joint Strike Fighter (JSF) Program: Background and Issues for Congress

The F-35 Joint Strike Fighter (JSF), also called the Lighting II, is a new strike fighter being procured in different versions by the Air Force, Marine Corps, and Navy. The F-35 program is the Department of Defense's (DOD's) largest weapon procurement program in terms of total estimated acquisition cost. This report details the Obama Administration's proposed FY2010 defense budget requests for F-35 program funding and outlines the issues that Congress must consider when deciding whether to approve, reject, or modify the administration's funding requests