Britain's Sterling Colonial Policy and Decolonization, 1939-1958 (Hardcover) (ISBN-13: 9780313319532)

Arguing that Britain's sterling policy had a significant impact on its colonial economic policy, this book focuses on the connection between Britain's sterling and balance of payments policy, colonial economic policy, and the British government's decision to transfer power to colonial peoples. The volume considers such factors as sterling policy and the state of the British economy, U.S. and Western European pressure for multilateralism in Britain's trade and commercial policy, the movement toward independence in colonial territories, and the cost of financing colonial development and welfare.

The book argues that in the postwar years the assumptions guiding British policies for colonial political reform were undermined by postwar developments in Ghana, Nigeria, and the Malayan Federation--the three greatest dollar-earning colonies. As these colonies moved toward independence, their demands for development finance forced Britain to face the prospect of meeting such demands at great costs when the expenditure could not be justified. Britain extricated itself from this dilemma by transferring power to colonial peoples.

Author: Allister Hinds
ISBN-10: 0313319537
ISBN-13: 9780313319532
Publisher: Praeger
Language: English
Published: 07/30/2001
Pages: 232
Format: Hardcover
Weight: 1.21lbs
Size: 9.70h x 6.18w x 0.91d

Review Citation(s):
Reference and Research Bk News 11/01/2001 pg. 28