Palgrave Studies in Economic History

Capital and Colonialism

The Return on British Investments in Africa 1869–1969

Authors: Rönnbäck, Klas, Broberg, Oskar

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    • Revisits the key debate on the nature of European economic imperialism in Africa
    • Establishes whether imperial investments by Britain in sub-Saharan Africa offered profitable returns as has been argued by the dependency school of thought
    • Offers a much-needed, well-informed account on African economic history and its relationship to global capitalism
    • Provides a continent wide analysis of the returns on investments in colonies from 1870 to 1970
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eBook 59,49 €
price for Spain (gross)
  • Due: August 16, 2019
  • ISBN 978-3-030-19711-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-030-19710-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.


About the authors

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.


Table of contents (15 chapters)

Table of contents (15 chapters)

Buy this book

eBook 59,49 €
price for Spain (gross)
  • Due: August 16, 2019
  • ISBN 978-3-030-19711-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-030-19710-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
Capital and Colonialism
Book Subtitle
The Return on British Investments in Africa 1869–1969
Authors
Series Title
Palgrave Studies in Economic History
Copyright
2019
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-030-19711-7
DOI
10.1007/978-3-030-19711-7
Hardcover ISBN
978-3-030-19710-0
Series ISSN
2662-6497
Edition Number
1
Number of Pages
XVI, 402
Number of Illustrations
35 b/w illustrations, 7 illustrations in colour
Topics