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Capital and Colonialism on Hardback by Oskar Broberg
Capital and Colonialism on Hardback by Oskar Broberg
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Capital and Colonialism

The Return on British Investments in Africa 1869–1969
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Description

This book engages in the long-standing debate on the relationship between capitalism and colonialism. Specifically, Rönnbäck and Broberg study the interaction between imperialist policies, colonial institutions and financial markets. Their primary method of analysis is examining micro- and macro-level data relating to a large sample of ventures operating in Africa and traded on the London Stock Exchange between 1869 and 1969. Their study shows that the relationship between capital and colonialism was highly complex. While return from investing in African colonies on average was not extraordinary, there were certainly many occasions when investors enjoyed high return due to various forms of exploitation. While there were actors with rational calculations and deliberate strategies, there was also an important element of chance in determining the return on investment – not least in the mining sector, which overall was the most important business for investment in African ventures during this period. This book finally also demonstrates that the different paths of decolonization in Africa had very diverse effects for investors.

Author Biography:

Klas Rönnbäck is Professor in Economic History at the University of Gothenburg, Sweden. Oskar Broberg is Associate Professor in Economic History at the University of Gothenburg, Sweden.
Release date NZ
July 30th, 2019
Audiences
  • Postgraduate, Research & Scholarly
  • Professional & Vocational
Edition
1st ed. 2019
Illustrations
7 Illustrations, color; 35 Illustrations, black and white; XVI, 402 p. 42 illus., 7 illus. in color.
Pages
402
ISBN-13
9783030197100
Product ID
30322016

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