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26946 results in Economic history

Page 232 of 1348

  • Transfer of Economic Power in Corporate Calcutta, 1950–1970

  • Tirthankar Roy
  • Journal:
    Business History Review / Volume 91 / Issue 1 / Spring 2017
    Published online by Cambridge University Press:
    02 May 2017, pp. 3-29
    Print publication:
    Spring 2017
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  • Between 1950 and 1970, the ownership of some of the largest business conglomerates in India changed from British to Indian hands. Almost without exception, the firms formerly under the management of British conglomerates saw bankruptcy, nationalization, relative decline in corporate ranking, and on rare occasions, reinvention of identity. In Indian business history scholarship, this episode is underresearched, even though hypotheses on the transfer-cum-decline exist. Combining a new source, legal documents, with conventional ones, this article revisits the episode and suggests revisions to current hypotheses.

  • William N. Goetzmann, Money Changes Everything: How Finance Made Civilization Possible.

  • Peter Eisenstadt
  • Journal:
    Business History Review / Volume 91 / Issue 1 / Spring 2017
    Published online by Cambridge University Press:
    10 May 2017, pp. 161-168
    Print publication:
    Spring 2017

  • Louis Armstrong was once asked to define “swing.” His response was—probably apocryphally—“if you have to ask, you'll never know.” But when it comes to defining and understanding capitalism, “you'll know it when you see it” answers do not suffice. Defining precisely what we mean by capitalism has never been easy. Capitalism is a “keyword,” to use Raymond Williams's term, a touchstone in our cultural and political debates. For Williams, keywords have “a history and complexity of meanings; conscious changes, or consciously different uses; of innovation, obsolescence, specialization, extension, overlap, transfer” (Raymond Williams, Keywords: A Vocabulary of Culture and Society [1976]). And there is good reason to think that, over the past generation, as capitalism has globalized, both surged and failed, and largely displaced its former rivals to the left, socialism and communism, the problems of precisely saying what we mean when speak of capitalism has only become more difficult.

  • Editors' Note

  • Journal:
    Business History Review / Volume 91 / Issue 1 / Spring 2017
    Published online by Cambridge University Press:
    10 May 2017, p. 1
    Print publication:
    Spring 2017
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  • BHR volume 91 issue 1 Cover and Front matter

  • Journal:
    Business History Review / Volume 91 / Issue 1 / Spring 2017
    Published online by Cambridge University Press:
    10 May 2017, pp. f1-f7
    Print publication:
    Spring 2017
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  • Announcements

  • Journal:
    Business History Review / Volume 91 / Issue 1 / Spring 2017
    Published online by Cambridge University Press:
    10 May 2017, pp. 157-160
    Print publication:
    Spring 2017
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  • GONE WITH THE EURO: A REAPPRAISAL OF THE PESETA’S ADJUSTMENT MECHANISM (1870-1998)*

  • José María Serrano, María Dolores Gadea, Marcela Sabaté
  • Journal:
    Revista de Historia Economica - Journal of Iberian and Latin American Economic History / Volume 35 / Issue 2 / September 2017
    Published online by Cambridge University Press:
    31 March 2017, pp. 207-239
    Print publication:
    September 2017
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  • The peseta was the Spanish currency for more than a century and, during this time, it played a remarkable role in adjusting the balance of payments. This paper presents a chronology of the moments when the adjustment was crucial, which, consistent with the macro-trilemma, coincided with periods of external openness. Moreover, this paper provides empirical support to the thesis that links the exceptionality of a floating peseta during the gold standard with fiscal profligacy.

The Political Economy of Public Finance
  • Taxation, State Spending and Debt since the 1970s
  • Edited by Marc Buggeln, Martin Daunton, Alexander Nützenadel
  • Published online:
    09 March 2017
    Print publication:
    23 February 2017
  • This volume examines the major trends in public finance in developed capitalist countries since the oil crisis of 1973. That year's oil shock quickly became an economic crisis, putting an end to a period of very high growth rates and an era of easy finance. Tax protests and growing welfare costs often led to rising debt levels. The change to floating exchange rates put more power in the hand of markets, which corresponded with a growing influence of neo-liberal thinking. These developments placed state finances under considerable pressure, and leading scholars here examine how the wealthiest OECD countries responded to these challenges and the consequences for the distribution of wealth between the rich and the poor. As the case studies here make clear, there was no simple 'race to the bottom' in taxation and welfare spending: different countries opted for different solutions that reflected their political and economic structures.

Page 232 of 1348