Blanchard, Ian

Russia's 'Age of Silver': Precious-Metal Production and Economic Growth in the Eighteenth Century

London/New York, Routledge, 1989. Hardcover. Black boards with silver lettering on spine, silver dust jacket with black lettering, 431 pp, bw charts and maps. Includes indexes. Includes bibliographical references (pages 398-408). "Ian Blanchard examines the nature of the Central and South America specie crisis of 1670 to 1760, and the response of European precious-metal producers. He highlights the rise of the Russian copper industry to a position of world supremacy, and the Siberian gold and silver mines to ‘old world' supremacy. The study explains why Russia experienced little inflation and why no metal was exported: the economy acted as a sponge, absorbing the flood of coins as monetary expansion was paralleled by rapid economic growth. These developments doubled average per capita incomes over the course of the century, so that between 1788 and 1807 the average Russian enjoyed an income equivalent to that of their British counterpart." - dust jacket. VG (museum label inside front cover, small museum label on spine, interior is VG+ clean and tight) .

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Book number: 173750

Catalogue: Fine Metalwork - Russian

Keywords: Russian Fine Metals ; Russian Precious Metals ; ; Russian Fine Metals