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Medieval England Richer Than Many Countries Today

According to research led by University of Warwick economist Stephen Broadberry, per capita income in medieval England would have been about $1,000 if measured in 1990 U.S. dollars. This is substantially higher than in many poor countries today.

By the same measure, per capita income in Zaire, Burundi, and Niger is currently $249, $479, and $514, respectively.

The research provides the first annual estimates of GDP for England between 1270 and 1700 and for Great Britain between 1700 and 1870. Far more data are available for the pre-1870 period than is widely realised. Britain after the Norman conquest was a literate and numerate society that generated substantial written records, many of which have survived. As a result, the research was aided by a wide variety of records – among them manorial records, tithes, farming records, and probate records.

Professor Broadberry further said that: “Our research shows that the path to the Industrial Revolution began far earlier than commonly has been understood. A widely held view of economic history suggests that the Industrial Revolution of 1800 suddenly took off, in the wake of centuries without sustained economic growth or appreciable improvements in living standards in England from the days of the hunter-gatherer. By contrast, we find that the Industrial Revolution did not come out of the blue. Rather, it was the culmination of a long period of economic development stretching back as far as the late medieval period.”

Source:  Warwick University – Medieval England twice as well off as today’s poorest nations

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December 24, 2010   No Comments

Experience is important, expertise is better

The opening of the new website Train4Trade gives me the opportunity to send a special message to our customers and my partners.

When I was invited to join a group of business experts to set up a full training programme in International Business I didn’t realize that this would become one of the most interesting experiences in a 40 years long business life. A little later this cooperation became the Train4Train Group.

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April 21, 2010   No Comments

Welcome to our new website

Train4Trade has been founded by a group of experts willing to share their long term international experience. Sharing essential values as well as friendship, the founding members are proud to present the new version of their website. Should you have one or several of these questions in mind …. Train4Trade is there to boost your skills

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April 7, 2010   No Comments

A deep Know-How in all lines of International Trade

Dear Friends, Dear Exporters, Welcome to Train4Trade’s World.

Created in Brussels (Belgium) on the Thursday 08/03/07, the GIE Train4Trade is first of all a group of Friends experienced in International Trade both under the academic and field flags.

The major target of this Team within Train4Trade is to share its valuable experience with others interested in International trade matters ; this on a pure exporting window as well as through the building-up of Partnerships.

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September 10, 2009   No Comments