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The Japanese currency has appreciated substantially against most other currencies over the last two decades. During the same time Japan has become one of the world's largest providers of FDI. Japan's share of total FDI outflows increased from about 6 percent during the late 70's to 21 percent in 1990 while its share of the total stock of FDI in the world increased from less than 1 percent in 1960 to more than 13 percent in 1993. Not surprisingly, Japan's role in international business in general and its FDI activities, in particular, have attracted considerable attention from researchers world wide. However, much of this attention has been directed towards the patterns and determinants of Japanese foreign direct investment, in particular to the United States. The impact of changes in the value of the Yen on Japanese FDI has been largely overlooked. Thus, this paper fills an important gap in the literature by focusing on the influence of changes of the exchange rate on Japanese foreign direct investment. A comprehensive simultaneous equa‐tion model of Japanese FDI is developed on a regional level to gauge the extent to which currency fluctuations affect Japanese FDI activities. The results suggest that the exchange rate is an effective mechanism through which to influence FDI. Thus, the exchange rate should not be overlooked by the World Trade Organisation in its efforts to further liberalise investment through the Multilateral Agreement on Investment.

In this article Professor Perry argues that Plessy v. Ferguson and the de jure segregation it heralded has overdetermined the discourse on Jim Crow. She demonstrates through a historical analysis of activist movements, popular literature, and case law that private law, specifically property and contract, were significant aspects of Jim Crow law and culture. The failure to understand the significance of private law has limited the breadth of juridical analyses of how to respond to racial divisions and injustices. Perry therefore contends that a paradigmatic shift is necessary in scholarly analyses of the Jim Crow era, to include private law, and moreover that this shift will enrich our understandings of both historic and current inequalities.

After war, societies can undergo change that extends justice to formerly excluded groups. Using theories of moral exclusion and moral inclusion as a lens, this chapter examines societal change in two consecutive periods after the American Civil War (1861–1865): Reconstruction and Jim Crow. Focusing on the well being of black Americans in the American South, this chapter examines Reconstruction's inclusionary gains and setbacks. It then describes challenges faced by black Americans during Jim Crow, a period of white supremacy and violence, and factors associated with Jim Crow's decline. Applying social psychological theory to these historical periods offers insight into the dynamics of inclusionary and exclusionary change.

The purpose of this paper is to explore the experiences of a significant group of retail employees, specifically the African‐American operations and service workers that worked behind the scenes in department stores during the Jim Crow era, defined here as 1890‐1965.

Department stores have rightly occupied a prominent place in business historiography. This wealth of scholarship can be explained partly by substantial archival resources, but especially by department stores' significance to US business, cultural, and social history. Yet, despite this rich historiography, a significant number of department store employees have been overlooked, and this omission has distorted the picture of the work culture and marketing strategies of these massive and influential retail institutions. Department stores employ a large number of operations and service staff, such as delivery people, housekeeping and maintenance workers, elevator operators, stock workers, packers, and warehouse workers. These positions make up roughly one‐fifth of all department store work. This paper presents a close study of the two most prominent department stores of early and mid‐twentieth century Richmond, Virginia – Thalhimers and Miller & Rhoads – to offer insight into the work culture and workplace experiences of these employees.

Ultimately, this paper shows that African‐American employees played an important role in the maintenance and image of Richmond department stores. Store managers place high demands for “loyalty” and “faithfulness” on their black staff to demonstrate their lavish services to the buying public. For black employees, this means that the work environment can be highly stressful, as they seek to meet competing demands from customers and co‐workers. However, department store work offers opportunities, in particular, steady employment among a close network of African‐American coworkers. Finally, the presence of segregated black employees undermines managements' attempts to convey their workforce as one “happy family.”

The research is entirely based on two high‐end department stores, Miller & Rhoads and Thalhimers, both based in Richmond, Virginia. Two store archives – available at the Valentine Richmond History Center and the Virginia Historical Society – are the primary resources for this project. Because, the papers in these archives are donated by store managers, a limitation to this study is the dearth of unmediated voices of the employees themselves.

This research adds to the historiography of department stores by shedding light on employees who are expected by employers to remain nearly invisible in their jobs, and unfortunately, have been fairly invisible in the historical record as well.