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The Political Economy of International Commodity Cartels - An Economic History of the European Timber Trade in the 1930s (Paperback)
Loot Price: R1,199
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The Political Economy of International Commodity Cartels - An Economic History of the European Timber Trade in the 1930s (Paperback)
Series: Routledge Explorations in Economic History
Expected to ship within 12 - 17 working days
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The Political Economy of International Commodity Cartels examines
how international commodity cartels in the 1930s were impacted not
only by commercial rivalry, but also by international trade
political and diplomatic concerns. This work presents the rise and
decline of the European Timber Exporters' Convention (ETEC) and
analyses how firms navigated through the cartel game under
increasing international competition, pressures from the national
governments, and the interventionist endeavours of the League of
Nations. Cartels are often associated with, in the standard
economic interpretation, business collusion. However, in using vast
archive sources and historical methodology, the chapters in this
book shed light onto how international relations shaped cartels.
The rise of British protectionism, the emergence of the Soviet
Union as an industrial power, and the economic rapprochement of the
League of Nations in the early 1930s created a wave of political
and diplomatic challenges in the timber trading countries and
affected cartelisation. Timber firms in the biggest producer
countries-Finland and Sweden-were uninterested in international
cartel collaboration, but under pressure joined the ETEC
nevertheless. This book makes a strong contribution to the fields
of business history and cartel studies. It is an essential read for
economic historians interested in how political pressure shaped
international cartels and how cartels became avenues of diplomacy.
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