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Uneven Centuries$
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Sevket Pamuk

Print publication date: 2018

Print ISBN-13: 9780691166377

Published to Princeton Scholarship Online: May 2019

DOI: 10.23943/princeton/9780691166377.001.0001

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From Empire to Nation-State

From Empire to Nation-State

(p.156) 7 From Empire to Nation-State
Uneven Centuries

Şevket Pamuk

Princeton University Press

This chapter begins with global and national political developments and explores how they led to changes in economic policies and institutions, as well as the consequences of these changes. Both world wars, as well as the Great Depression, had a significant negative impact on the economy. In addition, the transition from the empire to a new nation-state within new borders had long-lasting economic consequences. As a result, both total and per capita GDP fluctuated sharply during these decades. The chapter demonstrates how the decade of the Great Depression from 1929 to 1939 was characterized by protectionism, industrialization led by the state, and moderately high rates of growth.

Keywords:   political developments, economic policies, Great Depression, world wars, nation-state, per capita GDP, industrialization, protectionism

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