People throughout the world are now commemorating the centenary of the start of the First World War. For historians of international business and finance, it is an opportunity to reflect on the impact of the war on global business activity. The world economy was highly integrated in the early twentieth century thanks to nearly a century of globalisation. In 1913, the economies of the countries that were about to go war seemed inextricably linked. The Impact of the First World War on International Business explores what happened to international business organisations when this integrated global economy was shattered by the outbreak of a major war. Studying how companies responded to the economic catastrophe of the First World War offers important lessons to policymakers and businesspeople in the present, concerning for instance the impact of great power politics on international business or the thesis that globalization reduces the likelihood of inter-state warfare. This is the first book to focus on the impact of the First World War on international business. It explores the experiences of firms in Britain, France, Germany, Japan, China, and the United States as well as those in neutral countries such as the Netherlands, Sweden, and Argentina, covering a wide range of industries including financial services, mining, manufacturing, foodstuffs, and shipping. Studying how firms responded to sudden and dramatic change in the geopolitical environment in 1914 offers lessons to the managers of today's MNEs, since the world economy on the eve of the First World War has many striking parallels with the present. Aimed at researchers, academics and advanced students in the fields of Business History, International Management and Accounting History; this book goes beyond the extant literature on this topic namely due to the broad range of industries and countries covered. The Impact of the First World War on International Business covers a broad range of geographical areas and topics examining how private firms responded to government policy and have based their contributions mainly on primary sources created by business people.

This book examines the economic and business history of Sudan, placing Sudan into the wider context of the impact of imperialism on economic development in sub-Saharan Africa. From the 1870s onwards British interest(s) in Sudan began to intensify, a consequence of the opening of the Suez Canal in 1869 and the overseas expansion of British business activities associated with the Scramble for Africa and the renewal of imperial impulses in the second half of the nineteenth century. Mollan shows the gradual economic embrace of imperialism in the years before 1899; the impact of imperialism on the economic development of colonial Sudan to 1956; and then the post-colonial economic legacy of imperialism into the 1970s. This text highlights how state-centred economic activity was developed in cooperation with British international business. Founded on an economic model that was debt-driven, capital intensive, and cash-crop oriented-the colonial economy of Sudan was centred on cotton growing. This model locked Sudan into a particular developmental path that, in turn, contributed to the nature and timing of decolonization, and the consequent structures of dependency in the post-colonial era.

This book examines the economic and business history of Sudan, placing Sudan into the wider context of the impact of imperialism on economic development in sub-Saharan Africa. From the 1870s onwards British interest(s) in Sudan began to intensify, a consequence of the opening of the Suez Canal in 1869 and the overseas expansion of British business activities associated with the Scramble for Africa and the renewal of imperial impulses in the second half of the nineteenth century. Mollan shows the gradual economic embrace of imperialism in the years before 1899; the impact of imperialism on the economic development of colonial Sudan to 1956; and then the post-colonial economic legacy of imperialism into the 1970s. This text highlights how state-centred economic activity was developed in cooperation with British international business. Founded on an economic model that was debt-driven, capital intensive, and cash-crop oriented-the colonial economy of Sudan was centred on cotton growing. This model locked Sudan into a particular developmental path that, in turn, contributed to the nature and timing of decolonization, and the consequent structures of dependency in the post-colonial era.

People throughout the world are now commemorating the centenary of the start of the First World War. For historians of international business and finance, it is an opportunity to reflect on the impact of the war on global business activity. The world economy was highly integrated in the early twentieth century thanks to nearly a century of globalisation. In 1913, the economies of the countries that were about to go war seemed inextricably linked. The Impact of the First World War on International Business explores what happened to international business organisations when this integrated global economy was shattered by the outbreak of a major war. Studying how companies responded to the economic catastrophe of the First World War offers important lessons to policymakers and businesspeople in the present, concerning for instance the impact of great power politics on international business or the thesis that globalization reduces the likelihood of inter-state warfare. This is the first book to focus on the impact of the First World War on international business.