Merchant navies represent economic and industrial strength. This study revises the definition of maritime power through a more comprehensive understanding and appreciation for the roles played by the merchant marine of a nation.

This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

This book is open access under a CC BY NC ND 4.0 license. This open access book discusses how Norwegian shipping companies played a crucial role in global shipping markets in the 20th century, at times transporting more than ten per cent of world seaborne trade. Chapters explore how Norway managed to remain competitive, despite being a high labour-cost country in an industry with global competition. Among the features that are emphasised are market developments, business strategies and political decisions The Norwegian experience was shaped by the main breaking points in 20th century world history, such as the two world wars, and by long-term trends, such as globalization and liberalization. The shipping companies introduced technological and organizational innovations to build or maintain a competitive advantage in a rapidly changing world. The growing importance of offshore petroleum exploration in the North Sea from the 1970s was both a threat and an opportunity to the shipping companies. By adapting both business strategies and the political regime to the new circumstances, the Norwegian shipping sector managed to maintain a leading position internationally.

The Great War’s bitter outcome left the experience largely overlooked and forgotten in American history. This timely book is a reexamination of America’s first global experience as we commemorate WWI's centennial. The U.S. steered clear of the Great War for more than two years, but President Woodrow Wilson reluctantly led the divided country into the conflict with the goal of making the world “safe for democracy.” The country assumed a global role for the first time and attempted to build the foundations for world peace, only to witness the experience go badly awry and it retreated into isolationism.The Great War was the first continent-wide conflagration in a century, and it drew much of the world into its fire. By the end, four empires and their royal houses had fallen, communism was unleashed, the map of the Middle East was redrawn, and the United States emerged as a global power—only to withdraw from the world’s stage.The United States was disillusioned with what it achieved in the earlier war and withdrew into itself. Americans have tried to forget about it ever since. The Great War in America presents an opportunity to reexamine the country’s role on the global stage and the tremendous political and social changes that overtook the nation because of the war.

Contains excerpts from 3 key legislative acts.