Global Electrification

Multinational Enterprise and International Finance in the History of Light and Power, 1878 2007

By: William J. Hausman, Peter Hertner, Mira Wilkins

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Paperback | 30 June 2011

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512 Pages

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22.86 x 15.24 x 2.9

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This book examines how multinational enterprises and international finance influenced the course of electrification around the world. Multinational enterprises played a crucial role in the spread of electric light and power from the 1870s through the first three decades of the twentieth century. Their role did not persist, as over time they exited through domestication (buy-outs, confiscations, or other withdrawals), so that by 1978 multinational enterprises in this sector had all but disappeared, replaced by electrical utility providers with national business structures. Yet, in recent years, there has been a vigorous revival. This book, a unique cooperative effort by the three authors and a group of experts from many countries, offers a fresh analysis of the history of multinational enterprise, taking an integrative approach, not simply comparing national electrification experiences, but supplying a truly global account."

Industry Reviews

Review of the hardback: 'This is a definitive study which will long be valued by business, financial and technological historians and, it is to be hoped, will also inspire new perspectives in such related fields.' Financial History Review
'The novelties of multinational finance that accompanied - and made possible - the electrification process throughout the world constitute the focus of this ambitious book ... this book enriches the understanding of how electric-power systems evolved ...' The Journal of Interdisciplinary History

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Published: 7th April 2008

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Concepts
Invention and spread of electrical utilities with a measure of the extent of foreign ownership
Multinational enterprise and international finance
Changes
Every city, 1880-1914
War, the first nationalization, restructuring, and renewal, 1914-29
Basic infrastructure, 1929-45
Conclusions
Summary of the domestication pattern to 1978
Coming full circle, 1978-2007, and a global perspective
Table of Contents provided by Publisher. All Rights Reserved.

Global Electrification

Multinational Enterprise and International Finance in the History of Light and Power, 1878 2007

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Hardcover

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