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During the Second World War, the collaboration dilemma regarding Europe's business life came to the forefront as business leaders were faced with the necessity of cooperating with the German enemy in order to maintain production and survive as economic units. Working for the New Order examines Europe's corporate survival in a highly unstable business environment during this period of time. Cooperation with the dominant European power aimed to secure the future for business, national economies, and the nation states of Europe. With this point of reference, Europe's business life, of working for the New Order, contributed substantially to the Nazi German war effort.
This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the major regional integration policy milestones.
This book is a detailed and original look at the radical reorganisation of French heavy industry in the turbulent period between the establishment of the Vichy regime in 1940 and the creation of the European Coal and Steel Community (ECSC), the forerunner to the European Union, in 1952. By studying institutions ranging from Vichy’s Organisation Committees to Jean Monnet’s Commissariat Général du Plan (CGP), Luc-André Brunet challenges existing narratives and reveals significant continuities from Vichy to post-war initiatives such as the Monnet Plan and the ECSC. Based on extensive multi-archival research, this book sheds important new light on economic collaboration and resistance in Vichy, the post-war revival of the French economy, and the origins of European integration.
This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.
This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.
This paper analyzes the degree to which volatility in interbank interest rates leads to volatility in financial instruments with longer maturities (e.g., T-bills) in Kenya since 2012, year in which the monetary policy framework switched to a forward-looking approach, relative to seven other inflation targeting (IT) countries (Ghana, Hungary, Poland, South Africa, Sweden, Thailand, and Uganda). Kenya shows strong volatility transmission and high persistence similar to other countries in transition to a more forward-looking monetary policy framework. These results emphasize the importance of a strong commitment to an interbank rate as an operational target and suggest that the central bank could reduce uncertainty in short-term yields significantly by smoothing out the overnight interest rates around the policy rate.
While bookstore shelves around the world have never ceased to display best-selling “life-and-letters” biographies in prominent positions, the genre became less popular among academic historians during the Cold War decades. Their main concern then was with political and socioeconomic structures, institutions, and organizations, or—more recently—with the daily lives of ordinary people and small communities. The contributors to this volume—all well known senior historians—offer self-critical reflections on problems they encountered when writing biographies themselves. Some of them also deal with topics specific to Central Europe, such as the challenges of writing about the lives of ...
Ethical Capitalism is a volume of essays that tackles the thought, work, and legacy of Shibusawa Eiichi.
"This book is the outcome of the conference held in Caen (France) in September 1997, in preparation for the International Economic History Congress in Madrid (August 1998). This collection of essays provides, for the first time, a systematic overview of the productivity missions organised in the years following the Second World War, to investigate in situ the production and management techniques adduced to account for the American lead. Bringing together research workers from many countries (Canada, Denmark, France, Germany, Italy, Japan, the Netherlands, Norway, Switzerland, the United Kingdom, the United States), the volume addresses four successive themes. The first one concerns the part ...
The authors analyze Solvay's 150-year history, showing the enormous impact geopolitical events had on the company and the recent consequences of global competition.