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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.
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.
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.
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