The Impact of the First World War on International Business

The Impact of the First World War on International Business
Author: Andrew Smith
Publisher: Routledge
Total Pages: 274
Release: 2016-10-26
Genre: Business & Economics
ISBN: 1317398106

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.

The Economics of World War I

The Economics of World War I
Author: Stephen Broadberry
Publisher: Cambridge University Press
Total Pages: 363
Release: 2005-09-29
Genre: History
ISBN: 1139448358

This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Planning Armageddon

Planning Armageddon
Author: Nicholas A. Lambert
Publisher: Harvard University Press
Total Pages: 662
Release: 2012-01-01
Genre: History
ISBN: 0674063066

Before the First World War, the British Admiralty conceived a plan to win rapid victory in the event of war with Germany-economic warfare on an unprecedented scale.This secret strategy called for the state to exploit Britain's effective monopolies in banking, communications, and shipping-the essential infrastructure underpinning global trade-to create a controlled implosion of the world economic system. In this revisionist account, Nicholas Lambert shows in lively detail how naval planners persuaded the British political leadership that systematic disruption of the global economy could bring about German military paralysis. After the outbreak of hostilities, the government shied away from full implementation upon realizing the extent of likely collateral damage-political, social, economic, and diplomatic-to both Britain and neutral countries. Woodrow Wilson in particular bristled at British restrictions on trade. A new, less disruptive approach to economic coercion was hastily improvised. The result was the blockade, ostensibly intended to starve Germany. It proved largely ineffective because of the massive political influence of economic interests on national ambitions and the continued interdependencies of all countries upon the smooth functioning of the global trading system. Lambert's interpretation entirely overturns the conventional understanding of British strategy in the early part of the First World War and underscores the importance in any analysis of strategic policy of understanding Clausewitz's "political conditions of war."

The Economics of World War II

The Economics of World War II
Author: Mark Harrison
Publisher: Cambridge University Press
Total Pages: 336
Release: 2000-06-26
Genre: Business & Economics
ISBN: 9780521785037

This book provides a new quantitative view of the wartime economic experiences of six great powers; the UK, the USA, Germany, Italy, Japan and the USSR. What contribution did economics made to war preparedness and to winning or losing the war? What was the effect of wartime experiences on postwar fortunes, and did those who won the war lose the peace? A chapter is devoted to each country, reviewing its economic war potential, military-economic policies and performance, war expenditures and development, while the introductory chapter presents a comparative overview. The result of an international collaborative project, the volume aims to provide a text of statistical reference for students and researchers interested in international and comparative economic history, the history of World War II, the history of economic policy, and comparative economic systems. It embodies the latest in economic analysis and historical research.

The Foundations of Worldwide Economic Integration

The Foundations of Worldwide Economic Integration
Author: Christof Dejung
Publisher: Cambridge University Press
Total Pages: 297
Release: 2013-01-07
Genre: Business & Economics
ISBN: 1107030153

Discusses worldwide economic integration between 1850 and 1930, challenging the popular description of the period after 1918 as one of deglobalisation.

Russia's First World War

Russia's First World War
Author: Peter Gatrell
Publisher: Routledge
Total Pages: 340
Release: 2014-07-10
Genre: History
ISBN: 1317881397

The story of Russia’s First World War remains largely unknown, neglected by historians who have been more interested in the grand drama that unfolded in 1917. In Russia’s First World War: A Social and Economic History Peter Gatrell shows that war is itself ‘revolutionary’ – rupturing established social and economic ties, but also creating new social and economic relationships, affiliations, practices and opportunities. Russia’s First World War brings together the findings of Russian and non-Russian historians, and draws upon fresh research. It turns the spotlight on what Churchill called the ‘unknown war’, providing an authoritative account that finally does justice to the impact of war on Russia’s home front

After the Great War

After the Great War
Author: Phillip Dehne
Publisher: Bloomsbury Publishing
Total Pages: 311
Release: 2019-06-13
Genre: History
ISBN: 1350087580

At the Paris Peace Conference of 1919, the international community came together to find a way forward in the aftermath of the First World War. The conference is often judged a failure, as the resulting Treaty of Versailles did not bring long-term peace with Germany. By following the activities of British delegate and wartime Minister of Blockade Lord Robert Cecil, this book examines the struggles and successes of the conference, as delegates from around the world grappled with the economic, political and humanitarian catastrophes overwhelming Europe in 1919. After the Great War describes, for the first time, the significant role of economic warfare at the Peace Conference and in the post-war settlement. Lord Cecil's sometimes difficult partnership with US President Woodrow Wilson forged a new, permanent, international diplomatic organization – the League of Nations – and supplied it with the power to create collective blockades against aggressive states. Leaders of the Allied economic war before the Armistice became, in Paris, leaders of humanitarian-minded international outreach to their former enemies in Germany and Austria. After the Great War promotes a new understanding of these underappreciated internationalists in Paris, many of whom transitioned into leading the League of Nations even before the Peace Conference ended. Often derided as an idealistic fantasy, international peace enforced by economic sanctions appeared a realistic possibility when the Treaty was signed at the end of June 1919.

Globalization and Poverty

Globalization and Poverty
Author: Ann Harrison
Publisher: University of Chicago Press
Total Pages: 674
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226318001

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Impact of Global Issues on International Trade

Impact of Global Issues on International Trade
Author: Co?kun Özer, Ahu
Publisher: IGI Global
Total Pages: 291
Release: 2021-06-25
Genre: Business & Economics
ISBN: 1799883167

International trade is vital in today’s world; international trade can be affected by a number of issues such as terrorism, economic crises, and pandemics such as COVID-19. It is crucial to understand the impact these global issues have on international trade and what happens to trade when global issues arise. A comprehensive guide of these issues is needed to provide background and understanding about international trade and its relationship with global issues. Global issues occasionally dominate a continuing theme of the international globalized world: global crises, war, security issues, global pandemics such as COVID-19, and trade wars. Global cooperation is required to solve such problems. Economically intellectual thinking will enable the development of guiding policies in solving these global problems. In this book, the effects of global issues on international trade will be evaluated, and policy recommendations will be made for the solution of the global issues. Impact of Global Issues on International Trade is a critical reference source that uses analytic research to analyze the effects of global economic and financial crises as well as global health crises and their impact on international trade. Pandemics such as the COVID-19 pandemic, the global economic crisis, and trade wars are discussed, and political suggestions are made to mitigate negative impacts. Covering a wide range of topics such as financial fragility and trade fairs, it is ideal for trade specialists, policymakers, government officials, managers, executives, economists, academicians, researchers, students, and industry professionals.