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The Dynamics of Big Business - Structure, Strategy, and Impact in Italy and Spain (Paperback)
Loot Price: R1,338
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The Dynamics of Big Business - Structure, Strategy, and Impact in Italy and Spain (Paperback)
Series: Routledge International Studies in Business History
Expected to ship within 12 - 17 working days
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Throughout the Twentieth Century, big business has been a basic
institution. Large corporations have provided a fundamental
contribution to the wealth of nations and, at the same time, have
had a remarkable impact on the political and social systems within
which they have operated. It is difficult to understand the
development of the most advanced economies if we do not consider
the specific evolution of big business in every national case. On
the other hand, it is not possible to explain the shape and
behavior of big business without considering its development as
part of the history of the country in which they operate. The
largest US, German, British and French firms were key actors in
favoring their nations' development and, even at the end of the
Twentieth Century, made a very important contribution to their
growth. In many countries, a stable core of large corporations
developed only relatively lately, or did not develop at all, and
under these circumstances, big business was not able to
significantly participate in the economic growth of such countries.
Scholars who dealt with the economic history of Italy and Spain are
generally unanimous in tagging these nations as industrial
late-comers, ineffective in promoting big autochthonous private and
State-owned firms, dominated by family companies, and characterized
by a strong competitive advantage on the part of small and
medium-sized enterprises. At the same time, Spanish and Italian
business and economic historians have tended to say little about
the role and features of big business. This book thus fills a
significant gap in the work on the development of Southern European
capitalism and its large corporations by analyzing the Italian and
Spanish cases and comparing them with each other and with what has
occurred in the United States and in the largest European nations.
Examining both the macro dynamics (national but also supra
national) and the micro level, utilizing samples of big
corporations and going deeply into some company cases, this volume
identifies some important protagonists of the Italian and Spanish
economies (such as the State, families and foreign investors) and
investigates a wider panorama which includes the political,
economic and social relationships of the corporations, providing
insights into the form of capitalism that exists in these
countries.
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