Publisher's Synopsis
Building on new archaeological and historical research, Sumner La Croix assembles here the economic history of Hawai'i from the first Polynesian settlements in 1200 through US colonization, the formation of statehood, and to the present day. He shows how the political and economic institutions that emerged and evolved in Hawai'i during its three centuries of global isolation allowed an economically and culturally rich society to emerge, flourish, and ultimately survive annexation and colonization by the United States. The story of a small, open economy struggling to adapt its institutions to changes in the global economy, Hawai'i offers broadly instructive conclusions about economic evolution and development, political institutions, and native Hawaiian rights.