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ispartof: NATIONS AND NATIONALISM vol:29 issue:2 pages:449-466 status: published

Retracing closely the events of the life of George Frederic, king of the Miskitu (in present-day Honduras and Nicaragua) between 1816 and 1824, this article describes how this Miskitu actor sought to set up, by hiring British agents, the concrete realization of a Central American commercial and political independence project—understood here as a utopia. Although his project ended in failure, the actions of this little-known Miskitu king had repercussions in the Caribbean and beyond, even in the heart of the City of London. Concentrating on a marginal actor seldom considered by historians reveals how particular American Indigenous peoples sought to actively position themselves in the important commercial and political transformations affecting the Atlantic World in the first decades of the nineteenth century.

How does politics affect private international lending? This article highlights the relationship between international banks, their home governments, the International Monetary Fund (IMF), and international regulators during the years that preceded the debt crisis of 1982. Based on new archival evidence from different case studies, we find that the decisions of commercial banks to lend were largely based on the home governments’ preferences, competition, and the assumption that home governments and international organizations would provide lender of last resort functions to support borrowing governments. While previous works suggest the 1982 debt crisis was unexpected, we show that banks primarily reacted to the deteriorating macroeconomic situation in many emerging economies once the support of their home governments and the IMF became uncertain.

© ASEN/John Wiley & Sons Ltd 2018. This paper inquires into whether the three types of arguments usually formulated in the normative literature on the legitimacy of secession - i.e. communitarian, choice, and remedial arguments - are articulated (or not) by separatist parties in Catalonia and Scotland. It concludes that these actors do use such arguments, but they tend to merge them in different combinations making a pluralist case for independence rather than developing monist reasoning as most political philosophers do. Furthermore, it finds a fourth type of argument which is under-theorised in the relevant literature. This is an instrumental argument whereby independence is depicted not as an end in itself, but as a means to achieve better welfare and governance for the national population. It further proposes a fourfold theoretical scheme that links communitarian and choice arguments to a principled logic based on the belief in the existence of an absolute right to self-determination and remedial and instrumental arguments to a consequentialist logic that legitimates secession on the condition that it serves the achievement of specific ends. ispartof: Nations and Nationalism vol:25 issue:2 pages:630-651 status: Published online

The history of the International Institute for Management Development (IMD), one of the most prestigious business schools in the world, highlights the role of multinationals in establishing business education in Europe and the problem of legitimacy. The creation of IMD's predecessors CEI and IMEDE by Alcan and Nestlé also illuminates the role of Harvard Business School in their development and the reciprocal influences of American and European management education after World War II.

In this study of lending in the emergence of a modern steel industry in the United States, I analyze the evolving interaction between borrowers and lenders in historical context. I show how “relationship lending” (that is, credit allocation in which personal contacts play a major role) can go wrong, despite good intentions at the outset, and that institutional conditions exert an important influence on how lenders and borrowers negotiate conflicts. Particularly important in the case of Moses Taylor and Joliet Iron & Steel Company were the uncertain jurisdictions and political maneuvering that stemmed from structural peculiarities of the U.S. legal system, peculiarities that belie claims of its efficacy for protecting creditor interests. Although this failure of relationship lending might seem to imply negative consequences for economic development, I show that, at least in this case, the opposite interpretation is more compelling. MARY O'SULLIVAN is professor of economic history and director of the Department of Economic History at the University of Geneva. She is currently working on a research project on the history of U.S. capital markets from the Civil War until World War I.