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Trade, Growth, and Institutional Change: British Imperialism Revisited

Category: British History
Type: Book
Author: Schneider, Arthur
Pages: 261
Publisher: ProQuest
ISBN: 9780549766544
Library catalog: British Library
Year: 2008
Google books link: http://books.google.co.uk/books?id=YSpkhtKnkmkC
Language: en

Abstract:

The purpose of this research is twofold. First, this dissertation seeks to learn whether the impact of free trade in the British Empire on both Britain and her major overseas possessions was beneficial or not. In particular, the first chapter analyzes the impact of colonial exports on colonial growth in the six main British overseas territories that were the greatest recipients of British capital exports: Canada, Australia, New Zealand, India, Egypt and South Africa. The results are inconclusive. In India, we find no relationship between exports and growth. {GDP} growth seems to be export led in Australia and New Zealand. A positive correlation between {GDP} growth and export growth was found in Canada, South Africa and Egypt, yet the direction of this relationship and the mechanism of how exports impact {GDP} are less clear.



The research project is implemented within the framework of the Action “Supporting Postdoctoral Researchers» of the Operational Program "Education and Lifelong Learning" (Action’s Beneficiary: General Secretariat for Research and Technology), and is co-financed by the European Social Fund (ESF) and the Greek State.