Global Electrification

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

Peter Hertner author Mira Wilkins author William J Hausman author

Format:Paperback

Publisher:Cambridge University Press

Published:30th Jun '11

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Global Electrification cover

This book offers an analysis of multinational enterprise throughout the world by examining the spread of electrification.

This book examines how, from the late 1870s, multinational enterprises and international finance influenced the spread of electrification around the world. Although by 1978 they had been replaced by electrical utility providers, more recently they have had a revival. The result is a truly global account of electrification.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. However, their role did not persist, and 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 co-operative effort by the three authors and a group of experts from many countries, offers an analysis of the history of multinational enterprise. The authors take an integrated approach, not simply comparing national electrification experiences, but supplying a truly global account.

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

ISBN: 9780521299008

Dimensions: 229mm x 152mm x 29mm

Weight: 740g

512 pages