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Today, states’ ability to borrow private capital depends on stringent evaluations of their creditworthiness. While many presume that this has long been the case, Quentin Bruneau argues that it is a surprisingly recent phenomenon—the outcome of a pivotal shift in the social composition of financial markets. Investigating the financiers involved in lending capital to sovereigns over the past two centuries, Bruneau identifies profound changes in their identities, goals, and forms of knowledge. He shows how an old world made up of merchant banking families pursuing both profit and status gradually gave way to a new one dominated by large companies, such as joint stock banks and credit rating...
The first international history of the emergence of economic sanctions during the interwar period and the legacy of this development Economic sanctions dominate the landscape of world politics today. First developed in the early twentieth century as a way of exploiting the flows of globalization to defend liberal internationalism, their appeal is that they function as an alternative to war. This view, however, ignores the dark paradox at their core: designed to prevent war, economic sanctions are modeled on devastating techniques of warfare. Tracing the use of economic sanctions from the blockades of World War I to the policing of colonial empires and the interwar confrontation with fascism, Nicholas Mulder uses extensive archival research in a political, economic, legal, and military history that reveals how a coercive wartime tool was adopted as an instrument of peacekeeping by the League of Nations. This timely study casts an overdue light on why sanctions are widely considered a form of war, and why their unintended consequences are so tremendous.
The banking and financial sector has expanded dramatically in the last forty years, and the consequences of this accelerated growth have been felt by people around the world. European Banks and the Rise of International Finance examines the historical origins of the financialised world we live in by analysing the transformations in world finance which occurred in the decade from the first oil crisis of 1973, until the debt crisis of 1982. This a crucial and formative decade for understanding the modern financial landscape, but it is still mostly unexplored in economic and financial history. The availability of new archival evidence has allowed for the re-examination of issues such as the progressive privatisation of international financial flows to Less Developed Countries, especially in Latin America and South-East Asia, and its impact on the expansion of the European banking sector, and for the development of an invaluable financial and political history. This book is well suited for those interested in monetary economics and economic history, as well as those studying international political economy, banking history and Financial history.
Written in nontechnical terms, Big Business and the Wealth of Nations explains how the dynamics of big business have influenced national and international economies in the twentieth century. A path-breaking study, it provides the first systematic treatment of big business in advanced, emerging, and centrally planned economies from the late nineteenth century, when big businesses first appeared in American and West European manufacturing, to the present. These essays, written by internationally known historians and economists, help one to understand the essential role and functions of big businesses, past and present.
Commissioned by the Cabinet Office and using hitherto untapped British Government records, this book presents an in-depth analysis of the successful project of 1986-94. This is a vivid portrayal of the complexities of quadripartite decision-making (two countries, plus the public and private sectors), revealing new insights into the role of the British and French Governments in the process. This important book, written by Britain’s leading transport historian, will be essential reading for all those interested in PPPs, British and European economic history and international relations. The building of the Channel Tunnel has been one of Europe’s major projects and a testimony to British-French and public-private sector collaboration. However, Eurotunnel’s current financial crisis provides a sobering backcloth for an examination of the British Government’s long-term flirtation with the project, and, in particular, the earlier Tunnel project in the 1960s and early 1970s, which was abandoned by the British Government in 1975.
Lincoln takes the reader on a visual journey through the history of Lincoln-Manville, Albion, Lime Rock, Quinnville, Lonsdale, Saylesville, Fairlawn, and Central Falls. Author Charles E. Savoie brings the history of Lincoln to life, from its early settlement to the present, through hundreds of rare vintage photographs. Included are the famous stone-ender, Colonial, Federal, and Victorian homes and buildings; vanished farming and homestead scenes; blacksmiths, quarrymen, and mill workers; and grocers and musicians. Notable and everyday people are depicted as they worked, played, and lived their lives in this historical northern Rhode Island community.
The financial crisis of 2008 aroused widespread interest in banking and financial history. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Contributions to this volume analyse banking and financial history in a long-term comparative perspective. Lessons drawn from these analyses may well help future generations of policy makers avoid a repeat of the financial turbulence that erupted in 2008.
Crime and adventure on the high seas Jared Kane is a West Coast commercial fisherman whose life has been plagued by bad luck and blackout drinking. When he inherits Arrow, an old 46-foot wooden sailboat, he sees a chance for redemption. With his friend from prison, Danny MacLean, Jared plans an offshore voyage, sailing from Vancouver down the Pacific Coast to California and out into the South Pacific. But that bad luck rears its ugly head: Danny is attacked and left for dead, and when the unknown assailants attempt to finish the job, Jared is forced to flee aboard Arrow with Danny lying helpless in his berth, under the erratic care of his grandfather, a Haida elder who won’t speak English. On the search for safe haven with the would-be killers hot on their tail, Jared finds himself with no good choices but to run south — ill-prepared, poorly provisioned, and crewed by a silent old man and an injured friend strapped into his bunk.
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Canadian society is rapidly changing. This concise, up-to-date volume masterfully captures this change. Edited by two of Canada's leading demographers, Roderic Beaujot and Don Kerr, this book is an exciting entry in Canadian population studies, drawing from a variety of disciplines, including sociology, geography, economics, history, and epidemiology. The Changing Face of Canada is an essential text for demography courses across the country. Each reading has been meticulously edited and concisely ordered into five essential sections: fertility mortality international migration, domestic migration and population distribution population aging population composition Vital issues include: the role of immigration in Canada's future; the deteriorating economic welfare of immigrants; globalization, undocumented migration, and unwanted refugees; Aboriginal population change; implications of unprecedented low fertility; and the astonishing demographic transformation of Canadian cities.