Entrepreneurs and Businessmen in Greece during the Long Nineteenth Century

James Foreman-Peck and Ioanna Sapfo Pepelasis

Chapter 2 in Entrepreneurship and Growth, 2013, pp 49-68 from Palgrave Macmillan

Abstract: Abstract Businessmen were widely admired for their commercial talents in later nineteenth century Greece. Yet simultaneously they were blamed for being footloose capitalists, shunning investment in industry.1 They could draw upon a range of commercial contacts throughout the Mediterranean world, stretching even to north-western England. They were heirs to trading networks that flourished under the empires of the Mediterranean and Middle East that rose and fell over the millennia. The nineteenth century was no exception; Greeks continued to develop profit opportunities, especially in the Mediterranean basin and Greek settlement outside Greece; the Diaspora was vital to this process (Stoianovich, 1960, 1992; Baghdiantz-McCabe et al., 2005). Outside Greece, Greek entrepreneurial vigour appeared to be given full rein; in the United States of 1910, migrants originating from Greece showed among the highest propensities to be entrepreneurs of any migrant group (Foreman-Peck and Zhou, 2010, 2011).

Keywords: Exchange Rate; Nineteenth Century; Capital Market; Joint Stock Company; Major Shareholder (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03335-2_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137033352

DOI: 10.1057/9781137033352_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().