Energy Transitions and Financial Transformation: A Case of Energy and Financial Development in Late 18th-Early 19th Century Britain

Wadim Strielkowski

doi:10.20944/preprints202402.1180.v1

Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Version 1 : Received: 20 February 2024 / Approved: 21 February 2024 / Online: 21 February 2024 (11:38:43 CET)

This paper focuses on the paradigm that explains the link between energy transitions and financial transformations. In particular, it attempts to shed some light on the following question: How did the transition from wood to coal affect financial development in late 18^th and early 19^th century Britain? The results demonstrate that the energy transition in Britain during the 1^st Industrial Revolution constituted an important moment in the country's financial development and can be used as an example of how an energy innovation can foster the financial development of particular countries or regions.

energy transitions; financial transformations; energy policy; financial centres; economic history

Business, Economics and Management, Other

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Energy Transitions and Financial Transformation: A Case of Energy and Financial Development in Late 18th-Early 19th Century Britain

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