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How Container Ships Changed the World
Fifty years ago-on April 26, 1956-the freighter Ideal X steamed from Berth 26 in Port Newark, New Jersey. Flying the flag of the Pan-Atlantic Steamship Company, she set out for Houston with an unusual cargo: 58 trailer trucks lashed to her top deck.But they weren't trucks-they were steel containers removed from their running gear, waiting to be lifted onto empty truck beds when Ideal X reached Texas. She docked safely, and a revolution was launched-not only in shipping, but in the way the world trades. Today, the more than 200 million containers shipped every year are the lifeblood of the new global economy. They sit stacked on thousands of box boatsthat grow more massive every year. In this fascinating book, transportation expert Brian Cudahy provides a vivid, fast-paced account of the container-ship revolution-from the maiden voyage of the Ideal X to the entrepreneurial vision and technological breakthroughs that make it possible to ship more goods more cheaply than every before.Cudahy tells this complex story easily, starting with Malcom McLean, Pan-Atlantic's owner who first thought about loading his trucks on board. His line grew into the container giant Sea-Land Services, and Cudahy chartsits dramatic evolution into Maersk Sealand, the largest container line in the world. Along the way, he provides a concise, colorful history of world shipping-from freighter types to the fortunes of steamship lines-and explores the spectacular growth of global trade fueled by the mammoth ships and new seaborne lifelines connecting Asia, Europe, and the Americas.Masterful maritime history, Box Boats shows how fleets of these ungainly ships make the modern world possible-with both positive and negative effects. It's also a tale of an historic home port, New York, where old piers lie silent while 40-foot steel boxes of toys and televisions come ashore by the thousands, across the bay in New Jersey.
Understanding Brazil's Changing Role in the Global Economy
In Brazil, the confluence of strong global demand for the country's major products, global successes for its major corporations, and steady results from its economic policies is building confidence and even reviving dreams of grandeza the greatness that has proven elusive in the past. Even as the current economic crisis tempers expectations of the future, the trends identified in this book suggest that Brazil will continue its path toward becoming a leading economic power in the future.
Once seen as an economic backwater, Brazil now occupies key niches in energy, agriculture, service industries, and even high technology. Yet Latin America's largest nation still struggles with endemic inequality issues and deep-seated ambivalence toward global economic integration.
Scholars and policy practitioners from Brazil, the United States, and Europe recently gathered to investigate the present state and likely future of the Brazilian economy. This important volume is the timely result. In Brazil as an Economic Superpower? international authorities focus on five key topics: agribusiness, energy, trade, social investment, and multinational corporations. Their analyses and expertise provide not only a unique and authoritative picture of the Brazilian economy but also a useful lens through which to view the changing global economy as a whole.
Cultural Case Studies/Estudos de casos culturais
Doing business internationally requires understanding not only other languages, but even more so the business practices and cultures of other countries. In the case of Brazilians working with Americans, a fundamental difference for all parties to understand is that Brazilian business culture is based on developing personal relationships between business partners, while American businesspeople often prefer to get down to hard “facts and figures” quickly, with fewer personal preliminaries. Negotiating such differences is crucial to creating successful business relationships between the two countries, and this book is designed to help businesspeople do just that. Brazilians Working With Americans presents ten short case studies that effectively illustrate many of the cultural factors that come into play when North American business professionals work in Brazil. The authors summarize each case and the aspects of culture it involves, and American and Brazilian executives comment on the cultural differences highlighted by that case. A list of topics and questions for discussion also help draw out the lessons of each business situation. To make the book equally useful to Brazilians and Americans (whether businesspeople or language students), the entire text is presented in both English and Portuguese. In addition, Apple QuickTime movies of the executives' comments, which allow viewers to see and hear native speakers of both languages, are available on the Internet at www.laits.utexas.edu/orkelm/casos/intro.html.
This book addresses hot issues pertaining to the manner in which corporate South Africa has engaged the emerging green global economy. Firstly, the book profiles the green and low carbon economy landscape in South Africa and interfaces it with global trends. This way, the book aligns very well in terms of the Rio+20 outcomes on ìThe Future We Wantî that fully embraces the green global economy in the context of sustainable development and poverty eradication. The rest of the chapters in the book profile breakthroughs from selected companies. The book also comes as the second in a series that is addressing global and national concerns on the green global economy agenda. The first book entitled ìGreen Economy and Climate Mitigation: Topics of Relevance to Africaî was produced as part of the 17th Session of the Conference of Partiesí collaborative work carried out by the Institute of Global Dialogue, the Africa Institute of South Africa and Unisaís Institute for Corporate Citizenship. The book ìBreakthrough: Corporate South Africa in the Green Economyî comes in seven parts. Part I focuses on the Green Economy Landscape. This part considers both the international and national perspectives. Parts II-VI present different sector initiatives namely: Mining and Energy (Part II), Banking and Insurance (Part III), Forest and Paper (Part IV), Industrial (Part V) and Retailing and Aviation (Part VI). The last part is made up of a single chapter dealing with Emerging Issues and Way Forward.
Turning Adversity into Success
The dark hours: They occur when we find things spiraling out of control, when we feel most vulnerable and incapable of finding a solution. In a world often turned dark and cold, more and more people seem to be trapped in nightmarish circumstances. Americans, the world's optimists, when faced with an intractable situation, are taught to believe that through hardwork and will power they can "beat the odds." Yet, according to David Heenan, keeping one's nose to the grindstone may actually make things worse. Bright Triumphs From Dark Hours examines the lives of ten extraordinary people who overcame great adversity in their personal or professional lives by applying winning strategies that guided them out of the darkness of near-defeat and into the light of success. From New York City school chancellor Joel Klein taking on the monumental task of overhauling the city's embattled public school system to renowned scientist Shirley Ann Jackson breaking down barriers to become the first African American woman to receive a doctorate from MIT and head a major research university to retired U.S. Navy Commander Scott Waddle reshaping his life after the Ehime Maru disaster--in these inspiring stories Heenan identifies key strategies that helped each person stay upbeat in the swirling vortex of tough times. The final chapter outlines these practices in greater detail and explains how they can be used to create personal roadmaps to negotiate life's darkest hours--from which come its greatest successes, its brightest triumphs.
In 1999, one in four British children lived in poverty—the third highest child poverty rate among industrialized countries. Five years later, the child poverty rate in Britain had fallen by more than half in absolute terms. How did the British government accomplish this and what can the United States learn from the British experience? Jane Waldfogel offers a sharp analysis of the New Labour government’s anti-poverty agenda, its dramatic early success and eventual stalled progress. Comparing Britain’s anti-poverty initiative to U.S. welfare reform, the book shows how the policies of both countries have affected child poverty, living standards, and well-being in low-income families and suggests next steps for future reforms. Britain’s War on Poverty evaluates the three-pronged anti-poverty strategy employed by the British government and what these efforts accomplished. British reforms sought to promote work and make work pay, to increase financial support for families with children, and to invest in the health, early-life development, and education of children. The latter two features set the British reforms apart from the work-oriented U.S. welfare reforms, which did not specifically target income or program supports for children. Plagued by premature initiatives and what some experts called an overly ambitious agenda, the British reforms fell short of their intended goal but nevertheless significantly increased single-parent employment, raised incomes for low-income families, and improved child outcomes. Poverty has fallen, and the pattern of low-income family expenditures on child enrichment and healthy food has begun to converge with higher-income families. As Waldfogel sees it, further success in reducing child poverty in Britain will rely on understanding who is poor and who is at highest risk. More than half of poor children live in families where at least one parent is working, followed by unemployed single- and two-parent homes, respectively. Poverty rates are also notably higher for children with disabled parents, large families, and for Pakistani and Bangladeshi children. Based on these demographics, Waldfogel argues that future reforms must, among other goals, raise working-family incomes, provide more work for single parents, and better engage high-risk racial and ethnic minority groups. What can the United States learn from the British example? Britain’s War on Poverty is a primer in the triumphs and pitfalls of protracted policy. Notable differences distinguish the British and U.S. models, but Waldfogel asserts that a future U.S. poverty agenda must specifically address child poverty and the income inequality that helps create it. By any measurement and despite obstacles, Britain has significantly reduced child poverty. The book’s key lesson is that it can be done.
Plans and Policies in Great Britain, Australia, and Canada
The Detroit Newspaper Strike and the State of American Labor
When the Detroit newspaper strike was settled in December 2000, it marked the end of five years of bitter and violent dispute. No fewer than six local unions, representing 2,500 employees, struck against the Detroit News, the Detroit Free Press, and their corporate owners, charging unfair labor practices. The newspapers hired permanent replacement workers and paid millions of dollars for private security and police enforcement; the unions and their supporters took their struggle to the streets by organizing a widespread circulation and advertising boycott, conducting civil disobedience, and publishing a weekly strike newspaper. In the end, unions were forced to settle contracts on management’s terms, and fired strikers received no amnesty. In The Broken Table, Chris Rhomberg sees the Detroit strike as a historic collision of two opposing forces: a system in place since the New Deal governing disputes between labor and management, and decades of increasingly aggressive corporate efforts to eliminate unions. As a consequence, one of the fundamental institutions of American labor relations—the negotiation table—has been broken, Rhomberg argues, leaving the future of the collective bargaining relationship and democratic workplace governance in question. The Broken Table uses interview and archival research to explore the historical trajectory of this breakdown, its effect on workers’ economic outlook, and the possibility of restoring democratic governance to the business-labor relationship. Emerging from the New Deal, the 1935 National Labor Relations Act protected the practice of collective bargaining and workers’ rights to negotiate the terms and conditions of their employment by legally recognizing union representation. This system became central to the democratic workplace, where workers and management were collective stakeholders. But efforts to erode the legal protections of the NLRA began immediately, leading to a parallel track of anti-unionism that began to gain ascendancy in the 1980s. The Broken Table shows how the tension created by these two opposing forces came to a head after a series of key labor disputes over the preceding decades culminated in the Detroit newspaper strike. Detroit union leadership charged management with unfair labor practices after employers had unilaterally limited the unions’ ability to bargain over compensation and work conditions. Rhomberg argues that, in the face of management claims of absolute authority, the strike was an attempt by unions to defend workers’ rights and the institution of collective bargaining, and to stem the rising tide of post-1980s anti-unionism. In an era when the incidence of strikes in the United States has been drastically reduced, the 1995 Detroit newspaper strike stands out as one of the largest and longest work stoppages in the past two decades. A riveting read full of sharp analysis, The Broken Table revisits the Detroit case in order to show the ways this strike signaled the new terrain in labor-management conflict. The book raises broader questions of workplace governance and accountability that affect us all.
2000 through current issue
Published twice a year, Brookings Papers on Economic Activity (BPEA) offers authoritative, in-depth research on economic development. For over thirty years, BPEA has been an indispensable source for scholars and policymakers seeking objective analysis of major macroeconomic issues.