The British commercial houses in Peru and Chile between the two world wars: success and failure
The previously successful British merchant houses on the west coast of South America faced significant problems between the two world wars. Earlier historians have referred to difficulties such as the volatility of commodity prices, the organisation and structure of the firms, and changes in pattern...
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| Lenguaje: | English |
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Universidad de Chile. Departamento de Economía
2015
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| Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000200005 |
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oai:scielo:S0718-528620150002000052015-12-15The British commercial houses in Peru and Chile between the two world wars: success and failureMiller,Rory M Chile Peru merchants nitrate sugar cotton The previously successful British merchant houses on the west coast of South America faced significant problems between the two world wars. Earlier historians have referred to difficulties such as the volatility of commodity prices, the organisation and structure of the firms, and changes in patterns of trade. This paper, instead, compares their different experiences on the basis of archives from the merchants and their banks, concluding that their response to crisis differed, depending on the manner and extent of diversification, their core expertise, the quality of their management, and the support of their banks. The outcomes varied from outright failure to continued growth, with the two largest firms struggling to survive and adapt to the new business environment.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.42 n.2 20152015-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000200005en10.4067/S0718-52862015000200005 |
| institution |
Scielo Chile |
| collection |
Scielo Chile |
| language |
English |
| topic |
Chile Peru merchants nitrate sugar cotton |
| spellingShingle |
Chile Peru merchants nitrate sugar cotton Miller,Rory M The British commercial houses in Peru and Chile between the two world wars: success and failure |
| description |
The previously successful British merchant houses on the west coast of South America faced significant problems between the two world wars. Earlier historians have referred to difficulties such as the volatility of commodity prices, the organisation and structure of the firms, and changes in patterns of trade. This paper, instead, compares their different experiences on the basis of archives from the merchants and their banks, concluding that their response to crisis differed, depending on the manner and extent of diversification, their core expertise, the quality of their management, and the support of their banks. The outcomes varied from outright failure to continued growth, with the two largest firms struggling to survive and adapt to the new business environment. |
| author |
Miller,Rory M |
| author_facet |
Miller,Rory M |
| author_sort |
Miller,Rory M |
| title |
The British commercial houses in Peru and Chile between the two world wars: success and failure |
| title_short |
The British commercial houses in Peru and Chile between the two world wars: success and failure |
| title_full |
The British commercial houses in Peru and Chile between the two world wars: success and failure |
| title_fullStr |
The British commercial houses in Peru and Chile between the two world wars: success and failure |
| title_full_unstemmed |
The British commercial houses in Peru and Chile between the two world wars: success and failure |
| title_sort |
british commercial houses in peru and chile between the two world wars: success and failure |
| publisher |
Universidad de Chile. Departamento de Economía |
| publishDate |
2015 |
| url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000200005 |
| work_keys_str_mv |
AT millerrorym thebritishcommercialhousesinperuandchilebetweenthetwoworldwarssuccessandfailure AT millerrorym britishcommercialhousesinperuandchilebetweenthetwoworldwarssuccessandfailure |
| _version_ |
1714205047063052288 |