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Marshall Eakin presents what may be the most detailed study ever written about the operations of a foreign business in Latin America and the first scholarly, book-length study of any foreign business enterprise in Brazil. Between 1830 and 1970 the British-owned St. John d’el Rey Mining Company, Ltd. constructed a diverse business conglomerate around Minas Gerais, South America’s largest gold mine, in Nova Lima. Until the 1950s the company was the largest industrial firm and the largest taxpayer in Brazil’s most populous state. Utilizing company and local archives, Eakin shows that the company was surprisingly ineffective in translating economic success into political influence in Brazil. The most impressive impact of the British operation was at the local level, transforming a small, agrarian community into a sizable industrial city. Virtually a company town, Nova Lima experienced a small-scale industrial revolution as the community made the transition from the largest industrial slave complex in Brazil to a working-class city torn by labor strife and violence between communists and their opponents.
From the time of Cook, the British and their Canadian successors were drawn to the Northwest coast of North America by possibilities of trade in sea otter and the wish to find a 'northwest passage'. The studies collected here trace how, under the influences of the Royal Navy and British statecraft, the British came to dominate the area, with expeditions sent from London, Bombay and Macau, and the Canadian quest from overland. The North West Company came to control the trade of the Columbia River, despite American opposition, and British sloop diplomacy helped overcome Russian and Spanish resistance to British aspirations. Elsewhere in the Americas, the British promoted trans-Pacific trade with China, harvested British Columbia forests, conveyed specie from western Mexico, and established the South America naval station. The flag followed trade and vice versa; empire was both formal (at Vancouver Island) and informal (as in California or Mexico). This book features individuals such as James Cook, William Bolts, Peter Pond, and Sir Alexander Mackenzie. It is also an account of the pressure that corporations placed on the British state in shaping the emerging world of trade and colonization in that distant ocean and its shores, and of the importance of sea-power in the creation of modern Canada.
This book considers, and offers solutions to, the problems faced by local communities and the environment with respect to global mining. The author explores the idea of grievance mechanisms in the home states of the major mining conglomerates. These grievance mechanisms should be functional, pragmatic and effective at resolving disputes between mining enterprises and impacted communities. The key to this provocative solution is twofold: the proposal harnesses the power of industry-sponsored dispute mechanisms to reduce the costs and other burdens on home state governments and judicial systems. Critically, civil society actors will be given a role as both advocates and mediators in order to achieve a fair result for those impacted abroad by extractive enterprises. Compelling, engaging and timely, this book presents an innovative approach for regulating the foreign conduct of the extractive sector.
This volume provides new insights to the history of international business. The international group of authors, drawn from the United States, Canada, Britain and Japan, address two main themes: How has global business developed over the last century? And what has been its impact on host economies? These original and wide-ranging essays, prefaced by an extensive editorial introduction, are required reading in courses on international business.
A milestone in the understanding of British history and imperialism, and truly global in its reach, this magisterial account received numerous accolades from reviewers in its first edition. The first to coin the phrase "gentlemanly capitalism", Cain and Hopkins make the strong and provocative argument that it is impossible to understand the nature and evolution of British imperialism without taking account of the peculiarities of her economic development. In particular, the growth of the financial sector - and above all, the City of London - played a crucial role in shaping the course of British history and Britain's relations overseas. Now with a substantive new introduction and a conclusion, the scope of the original account has been widened to include an innovative discussion of globalization.