Shaping Globalization

London's Merchant Bankers in the Early Nineteenth Century

Dados Bibliográficos

ID9629993
AutoresManuel Llorca‐jaña (0000-0002-3937-6035, autor correspondente), Manuel Llorca-Jaña
Ano2014
Volume88
Fascículo3
Páginas469-495
Data de publicação2014-01-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Business History Review (JOURNAL)
Identificadores do periódicoISSN: 0007-6805 • E-ISSN: 2044-768X
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0007680514000403
OpenAlexW2148658989
IdiomaEN
Citações recebidas10
Referências citadas18

This article argues that entrepreneurs, not governments or markets, shaped globalization during the early nineteenth century. The article concentrates on the trading and financial activities of London merchant bankers, and in particular on the different diversification strategies they followed. Although most London merchant bankers remained cautious and did not diversify their operations either geographically or in the products they traded during this period, Huth & Co. established an impressive global network of trade and lending, dealing with over six thousand correspondents worldwide in a wide range of products. This firm shaped globalization well before the transport and communication revolution of the last quarter of the nineteenth century

Business · Diversification (marketing strategy · Economic history · Economics · Economy · Globalization · Long nineteenth century · Market economy · Political science · Quarter (Canadian coin · Australian History and Society · Colonialism, slavery, and trade · Historical Economic and Social Studies · History · Law · Marketing