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Capital and Colonialism = The Return on British Investments in Africa 1869–1969 /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Capital and Colonialism / by Klas Rönnbäck, Oskar Broberg.
Reminder of title:	The Return on British Investments in Africa 1869–1969 /
Author:	Rönnbäck, Klas.
other author:	Broberg, Oskar.
Description:	XVI, 402 p. 42 illus., 7 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Economic history. -
Online resource:	https://doi.org/10.1007/978-3-030-19711-7
ISBN:	9783030197117

Capital and Colonialism = The Return on British Investments in Africa 1869–1969 /
Rönnbäck, Klas.

Capital and Colonialism The Return on British Investments in Africa 1869–1969 /[electronic resource] :by Klas Rönnbäck, Oskar Broberg. - 1st ed. 2019. - XVI, 402 p. 42 illus., 7 illus. in color.online resource. - Palgrave Studies in Economic History,2662-6497. - Palgrave Studies in Economic History,.

Chapter 1: Introduction -- Part I: Research design -- Chapter 2: Historical context -- Chapter 3: Capital and colonialism in theory -- Chapter 4: Previous research -- Chapter 5: Method and data -- Part II: Aggregate results -- Chapter 6: The rate of return on investment in Africa -- Chapter 7: Risk and return -- Part III: Regional studies -- Chapter 8: North Africa -- Chapter 9: West Africa -- Chapter 10: Central/Southern Africa -- Chapter 11: South Africa -- Part IV: Thematical studies -- Chapter 12: On the ground floor -- Chapter 13: Imperial profits -- Chapter 14: African mining in global perspective -- Chapter 15: Conclusion.

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.

ISBN: 9783030197117

Standard No.: 10.1007/978-3-030-19711-7doiSubjects--Topical Terms:

557541
Economic history.

LC Class. No.: HC

Dewey Class. No.: 330.9

Capital and Colonialism = The Return on British Investments in Africa 1869–1969 /
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