Money and the End of Empire: British International Economic Policy and the Colonies, 1947-58 (Cambridge Imperial and Post-Colonial Studies Series)

Annotation This book illuminates British imperial policy after World War II in the context of economic policy and offers a novel argument about the end of the British empire. Economic discrimination in the empire in the late 1940s and early 1950s sustained Britain's recovery, when political control in the colonies was feasible. Subsequently, economic liberalization and the move towards financial cosmopolitanism, combined with rising constraints for economic and political management in the colonies, loosened and ultimately severed Britain's imperial link Contents......Page 9 List of Figures, Tables and Appendices......Page 12 Acknowledgements......Page 14 Abbreviations......Page 15 Introduction......Page 17 1 Exploring Britain’s Postwar Imperial Relations......Page 19 Part I Britain, Finance and Empire......Page 29 2 Sterling, Britain’s Imperial Relations and the Wider World: The Legacy......Page 31 3 Britain, the Sterling Area and the Empire: Key Economic Relationships, 1947–58......Page 45 Part II Convergence: Britain, Empire and Sterling Crises, 1947, 1949, 1951......Page 75 4 Britain’s Postwar Economic Reconstruction: Discrimination and Empire, 1947–53......Page 77 5 The Colonies, Economic Booms and Trade Discrimination: Britain’s Recovery Supported, 1947–53......Page 97 Part III Divergence: Britain, Empire and Planned Liberalization, 1953–56......Page 121 6 Britain and Economic Liberalization: Imperial Relations Adjusted, 1953–56......Page 123 7 The Colonies, Politics and Economic Development: Britain’s Liberalization Challenged, 1953–56......Page 144 Part IV Separation: Britain, Empire and the Return to Multilateralism, Towards 1958 and Beyond......Page 163 8 Britain’s New Cosmopolitanism: Financial Realignment and Imperial Relations, 1958 and Beyond......Page 165 9 The Sterling Empire and the International Economy: Frictions with Cosmopolitan Britain, 1958 and Beyond......Page 184 Conclusion......Page 205 10 The End of the British Empire: A Synthesis and an Interpretation......Page 207 Notes......Page 226 Bibliography......Page 288 Index......Page 310 ISBN-13: 9780333919835 Contents 9 List of Figures, Tables and Appendices 12 Acknowledgements 14 Abbreviations 15 Introduction 17 1 Exploring Britain’s Postwar Imperial Relations 19 Part I Britain, Finance and Empire 29 2 Sterling, Britain’s Imperial Relations and the Wider World: The Legacy 31 3 Britain, the Sterling Area and the Empire: Key Economic Relationships, 1947–58 45 Part II Convergence: Britain, Empire and Sterling Crises, 1947, 1949, 1951 75 4 Britain’s Postwar Economic Reconstruction: Discrimination and Empire, 1947–53 77 5 The Colonies, Economic Booms and Trade Discrimination: Britain’s Recovery Supported, 1947–53 97 Part III Divergence: Britain, Empire and Planned Liberalization, 1953–56 121 6 Britain and Economic Liberalization: Imperial Relations Adjusted, 1953–56 123 7 The Colonies, Politics and Economic Development: Britain’s Liberalization Challenged, 1953–56 144 Part IV Separation: Britain, Empire and the Return to Multilateralism, Towards 1958 and Beyond 163 8 Britain’s New Cosmopolitanism: Financial Realignment and Imperial Relations, 1958 and Beyond 165 9 The Sterling Empire and the International Economy: Frictions with Cosmopolitan Britain, 1958 and Beyond 184 Conclusion 205 10 The End of the British Empire: A Synthesis and an Interpretation 207 Notes 226 Bibliography 288 Index 310 This Book Illuminates British Imperial Policy After World War Ii In The Context Of Economic Policy And Suggests A Novel Argument About The End Of The British Empire. 1. Exploring Britain's Postwar Imperial Relations -- 2. Sterling, Britain's Imperial Relations And The Wider World: The Legacy -- 3. Britain, The Sterling Area And The Empire: Key Economic Relationships, 1947-58 -- 4. Britain's Postwar Economic Reconstruction: Discrimination And Empire, 1947-53 -- 5. The Colonies, Economic Booms And Trade Discrimination: Britain's Recovery Supported, 1947-53 -- 6. Britain And Economic Liberalization: Imperial Relations Adjusted, 1953-56 -- 7. The Colonies, Politics And Economic Development: Britain's Liberalization Challenged, 1953-56 -- 8. Britain's New Cosmopolitanism: Financial Realignment And Imperial Relations, 1958 And Beyond -- 9. The Sterling Empire And The International Economy: Frictions With Cosmopolitan Britain, 1958 And Beyond -- 10. The End Of The British Empire: A Synthesis And An Interpretation. Gerold Krozewski. Includes Bibliographical References (p. 272-293) And Index. Annotation This book presents a penetrating new analysis of the end of the empire, located at the intersection of politics, economy and society in Britain and the colonies. In the late 1940s and early 1950s, when political control was feasible, discriminatory management of the colonies sustained Britain's postwar recovery. But synergy turned into conflict as Britain moved towards economic liberalization and financial cosmopolitanism, and found it increasingly difficult to reconcile established relations with emerging priorities. Based on a wide range of archival and other sources, this study relates political and economic developments in Britain and the colonies in original ways to overcome the gulf between peripheralist and Euro-centric explanations of postwar British imperial relations, and helps redress the neglect of the empire in modern international history. Money and the End of Empire will nourish debates in British and international economic and political history and is essential reading for historians of Britain and the empire This is the undisputed best introduction to the history of the world-wide pattern of British activity in the nineteenth century, embracing its expansive spirit as well as its formal territorial empire. The dynamics of this extraordinary enterprise are considered broadly: the high-political concerns of strategy and international geopolitics are analyzed, as well as the economic dimension, missionary activity, and racial attitudes, together with a wide range of cultural aspects, including sport and the pursuit of sexual opportunity. Nor is the personal contribution of some of the leading Victorian figures neglected The Idea Of An Aryan Race Became An Important Feature Of Imperial Culture In The 19th Century, Feeding Into Debates In Britain, Ireland, India, And The Pacific. This Study Traces The Emergence And Dissemination Of Aryanism Within The British Empire.