This history of Burrell & Son of Glasgow describes the way in which ship ownership and operation developed during the final years of the age of sail and the beginning of the era of steamships. Not only does the work contain background material on tramp shipping commerce, it also includes a substantial database on ship building, ownership, and operations during this period. The information will be of interest to the maritime historian since it describes this important era in detail, and to the business historian interested in the strategy and structure of the shipping industry.

In 1944, Glasgow received one of the greatest gifts ever made to any city in the world: a collection of over 6,000 artworks of many types spanning centuries and civilisations. The benefactors were Glasgow-born shipping magnate Sir William Burrell and Constance, Lady Burrell. Burrell's business success him to amass an extraordinary collection, which he housed in the family home at Hutton Castle in the Scottish borders. When he decided to leave the collection to the nation, he considered donating it to London-based galleries before deciding on Glasgow Corporation, together with the residue of his estate to provide a suitable building. It was many years before the right location was found, and The Burrell Collection finally opened in 1983. This new biography is based on recent research, full access to the Burrell archive and in-depth knowledge of the collection. Sir William was a complicated and private man who shunned publicity, adored his wife, but had a tumultuous relationship with his daughter. In politics Conservative, he campaigned for better housing conditions as long as this didn't cause further expense to the taxpayer. The authors take a candid and considered view of who William Burrell the man was, what sparked his passion for collecting, and what his gift continues to mean to the city.

Celebrated in the novels of Joseph Conrad and vintage films, tramp ships - the precursor of bulk carriers - are not well understood today. Yet, these vessels transported in bulk essential minerals and ores, grains, timber, and other commodities and played a vital role in creating the modern global economy. While the histories of some individual tramp firms have been written, this book uses personal correspondence and surviving company records to chart the development of the entire industry - the largest in the world- during a period of transformational technical change. Who were the bold, risk-takers who founded tramp firms? How did they mobilise the resources needed to enter this dynamic sector, build immense companies, and accumulate vast fortunes? Why did others fail? This study reveals how executives learned ‘the art’ of managing tramps and developed strategic networking skills. Tramp shipping resonates with many of today’s high-growth industries: it was an information intensive, high stress operation that required rapid - sometimes instinctive - decision-making within a turbulent market. Building business networks was supported by a distinctive culture that streamlined communication. This innovative study places information, knowledge, learning, culture, and communication at the centre of the analysis in order to transport readers into the minds of those fascinating entrepreneurs who helped build the modern world.

A new look at the leadership of Greek ship owners in world shipping in the second half of the twentieth century. This book examines the fundamental factors of the dynamism of Greek entrepreneurship in family businesses and provides evidence for the organization, management and strategies of Greek family shipping companies.

Against the background of the globalization of private finance, the predominance of states in global affairs cannot be taken for granted. New actors, such as commercial banks or securities houses, have entered the global arena and, therefore, need to be included in any informed analysis of social reality. The actions of these institutions have to be regarded as influential forces impacting world politics. The theory of transnational regimes is advocated as a new way of structuring the global system.

During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands. This volume shows that state fiscal crises have only one significant cause: revenue downturns associated with recessions. Other analysts have argued that fiscal crises are the result of an interaction of many complex causes, including inadequate tax bases, increasing expenditure demands, and limits placed on state governments by voters. This analysis examines these other factors and shows that while they present significant challenges to state policymakers, they are not the cause of fiscal crises. The book presents an improved methodology for measuring cyclical variability of revenues and uses this methodology to show that there is no way to restructure state tax systems in order to appreciably reduce the fiscal stress associated with recessions. Fiscal stress can be lessened by setting aside revenues during prosperous years in a rainy day fund, but current rainy day funds are not large enough to eliminate the fiscal stress caused by recessions.

Key metaphors in world-system analysis are profoundly spatial, but there have been few attempts to understand how space, location, and topography affect world-system organization and process. To fill this gap, this book examines case studies of the restructuring of space and transport in core, semiperipheral, and peripheral economies. It addresses such topics as the role of ocean transport in linking terrestrially based units of the capitalist world economy, the role of land transport systems in the construction and restructuring of relationships between raw materials peripheries and core economies, and the role of the airplane in transforming and representing changing spatial, economic, and social relations in the capitalist world economy. World-systems theory and many other perspectives on the world economy, including international political economy and analysis of globalization, typically pay only limited attention to issues of space, location, and the role of transportation in the world economy. This book identifies key theoretical and empirical issues and provides the basis for formulating research strategies to address this gap in our understanding.