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Bulletin of the State University of Education. Series: History and Political Sciences

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DUTCH EAST INDIA COMPANY AS A SUBJECT OF THE PUBLIC-PRIVATE PARTNERSHIP IN COLONIAL EXPANSION

https://doi.org/10.18384/2310-676X-2018-4-112-123

Abstract

The research covers the ways public-private partnership (PPP) mechanism was applied for the colonial expansion of European powers into the remote regions of Asia. The main part of the article contains the analysis of the activities undertaken by the Dutch East India Company - Verenigde Oost-Indische Compagnie (VOC) in the territory of modern Indonesia and other states of the region. The prerequisites to establishment of the VOC, capital formation procedures, managerial regulations, and the military component operation are explored. The VOC has influenced social and cultural sphere of host territories. The colonization projects of the 17th century have been compared with the interests of modern multinational enterprises to invest in the least developed regions of the world. The author concludes on the symbiotic nature of VOC’s state and private components, which had assured decisive competitive advantages during her golden age. But later the PPP mechanism had determined the inability of the company to adapt to the changing business and social environment.

About the Author

Andrey L. Sapuntsov
Institute for African Studies, Russian Academy of Sciences
Russian Federation


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