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British Imperialism and the Making of Colonial Currency Systems
  

British Imperialism and the Making of Colonial Currency Systems (Trade Paperback / Paperback, Softcover reprint of the original 1st ed. 2016)

By Narsey, Wadan

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Covering the colonial Empire (including West Indies, India, Singapore, West Africa and East Africa), this book is a detailed revisionist history of the British imperial manipulations of colonial currency systems to facilitate the rise of sterling to world supremacy via the gold s...tandard, and to slow its eventual decline after World War I. Official internal correspondence is used to show that Britain typically acted against the advice of colonial commercial interests, colonial governments, and even officials in the Colonial Office, in order to replace international currencies (including gold and sterling itself), with localised silver currencies. The local currencies were backed by gold and sterling reserves in London, under the total control of the British Treasury and the Bank of England. In the process liquidity was provided to the London money market, and cheap finance to the British Government. This book provides a new perspective on theories of imperialism, colonial money and colonial underdevelopment, with possible geostrategic historical lessons for the US dollar and emerging global currencies such as Chinese renminbi and the Euro.
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ISBN 9781349716319
Released NZ 7 Mar 2019
Publisher Palgrave Macmillan
Format Trade Paperback/Paperback, Softcover reprint of the original 1st ed. 2016
Alternate Format(s) View All (2 other possible title(s) available)
Series Palgrave Studies in the History of Finance
Availability
Internationally sourced; ships 6-12 working days

Full details for this title

ISBN-13 9781349716319
Stock Available
Status Internationally sourced; ships 6-12 working days
Publisher Palgrave Macmillan
Imprint Palgrave MacMillan
Released 7 Mar 2019
Publication Country United Kingdom United Kingdom
Format Trade Paperback/Paperback, Softcover reprint of the original 1st ed. 2016
Edition Softcover reprint of the original 1st ed. 2016th
Author(s) By Narsey, Wadan
Series Palgrave Studies in the History of Finance
Category British & Irish History
Economic History
Imperialism
Finance
Number of Pages 356
Dimensions Width: 140mm
Height: 216mm
Spine: 20mm
Dewey Code 332.4941
Weight 478g
Interest Age General Audience
Reading Age General Audience
Library of Congress Money - Colonies - History - Great Britain, Great Britain - Colonies - Economic policy, Great Britain - Colonies - Administration, Asia-History, Africa-History
NBS Text Finance & Accounting
ONIX Text Professional and scholarly

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