Banking on détente: Barclays, Paribas, and Société Générale in Poland, 1950s-1980s

Mourlon-Druol, E. (2022) Banking on détente: Barclays, Paribas, and Société Générale in Poland, 1950s-1980s. Business History, (doi: 10.1080/00076791.2021.1907347) (Early Online Publication)

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Abstract

This article examines how the cold war influenced the conduct of banking business in Eastern Europe, by focusing on the case of Barclays’, Paribas’, and Société Générale’s involvement in Poland from the 1950s to the 1980s. Based on archival evidence, this article illustrates the multiple facets of banking in a period of all-level confrontation between two systems: search of new business opportunities; facilitation of East-West trade; contribution to foreign policy goals; ill-preparation to new country risks. The article argues that these banks increasingly relied on Western European governments’ desire to pursue a process of relaxation of cold war tensions towards the Eastern European countries, known as détente, taking place since the late 1960s.

Item Type:Articles
Additional Information:This research was part of the Uses of the Past in International Economic Relations (UPIER) project and has received funding from the H2020-EU.3.6 – SOCIETAL CHALLENGES – Europe in a Changing World – Inclusive, Innovative and Reflective Societies under grant agreement no. 649307. The project UPIER is financially supported by the HERA Joint Research Programme (www.heranet.info) which is co-funded by AHRC, AKA, PT-DLR, CAS, CNR, DASTI, ETAG, FCT, FNR, F.R.S.-FNRS, FWF, FWO, HAZU, IRC, LMT, MIZS, MINECO, NCN, NOW, RANNÍS, RCN, SNF, VIAA, VR and The European Community, SOCIETAL CHALLENGES – Europe in a Changing World – Inclusive, Innovative and Reflective Societies under grant agreement no. 649307.
Status:Early Online Publication
Refereed:Yes
Glasgow Author(s) Enlighten ID:Mourlon-Druol, Professor Emmanuel
Authors: Mourlon-Druol, E.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Business History
Publisher:Taylor & Francis
ISSN:0007-6791
ISSN (Online):1743-7938
Published Online:19 April 2021
Copyright Holders:Copyright © 2021 Informa UK Limited, trading as Taylor and Francis Group
First Published:First published in Business History 2022
Publisher Policy:Reproduced in accordance with the copyright policy of the publisher

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