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Introduction

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Abstract

Almost a century ago, C. Ernest Fayle characterized maritime transport as ‘the world’s key industry’.2 Indeed, maritime transport has been the main driver of trade growth and hence of the emergence and expansion of a global economy. Shipping not only served to integrate world markets, it was the international business par excellence in most national economies and preceded trends that later became visible in many other sectors of international economic activity. In consequence, an international and comparative perspective should be a central ingredient in both maritime history and maritime economics.3 For anyone interested in the growth and development of the world’s economy, knowledge of the history and mechanisms of shipping provides important insights.

Keywords

Business Group Economic History Shipping Industry Freight Rate Maritime Transport 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    L. R. Fischer and H. W. Nordvik (1986) ‘Maritime Transport and the Integration of the North Atlantic Economy, 1850–1914’, in W. Fischer, H. McInnis and J. Schneider (eds) The Emergence of a World Economy, Vol. II (Wiesbaden: F. Steiner).Google Scholar
  2. 2.
    C. Ernest Fayle (1933) A Short History of the World’s Shipping Industry ( London: Allen & Unwin).Google Scholar
  3. 3.
    F. Broeze (1998) ‘At Sea and Ashore: A Review of the Historiography of Modern Shipping since the 1970s’, NEHA Bulletin, 12, 1, pp. 3–37.Google Scholar
  4. 4.
    See for example K. H. O’Rourke and J. G. Williamson (1999) Globalization and History: The Evolution of a 19th-Century Atlantic Economy ( Cambridge MA: MIT Press) orGoogle Scholar
  5. P. Manning (2005) Migration in World History ( New York and London: Routledge).Google Scholar
  6. 5.
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  10. 10.
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    F. Broeze (1996) ‘The ports and port system of the Asian seas: an overview with historical perspective from c. 1750’, The Great Circle, 18, 2, pp. 73–96.Google Scholar
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    For instance, see T. Koopmans (1939) Tanker Freight Rates and Tankship Building: An Analysis of Cyclical Fluctuations ( Haarlem: Nederlandsch Economisch Institut);Google Scholar
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  14. 14.
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  16. and J. M. Valdaliso (2000) ‘The Rise of Specialist Firms in Spanish Shipping and Their Strategies of Growth 1860 to 1930’, Business History Review, 74, 2, pp. 267–300.CrossRefGoogle Scholar
  17. 16.
    G. Boyce (1995) Information, Mediation and Institutional Development. The Rise of Large-Scale Enterprise in British Shipping, 1870–1919 ( Manchester: Manchester University Press );Google Scholar
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  19. T. Khana and Y. Yafeh (2007) ‘Business Groups in Emerging Markets: Paragons or Parasites?’, Journal of Economic Literature, XLV, pp. 331–72.CrossRefGoogle Scholar

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© Gelina Harlaftis, Stig Tenold and Jesús M. Valdaliso 2012

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