The Rise of Free Trade Imperialism seeks to uncover some of the intellectual origins of the imperialism of the classic period, the sources from which later theories of imperialism were constructed, and the character of the ideology which underlay the dismantling of the old colonial system and the construction of the Victorian Pax Britannica. The author discusses the development and diffusion of a number of the central arguments of the 'science' of political economy, from the standpoint of a historian rather than an economist, which were crucial not only to the construction of theories of capitalist imperialism, but also served as a spur both to efforts at colonization, and to establishing a British Workshop of the World.

Why was Britain the first country to opt for unilateral free trade 150 years ago? On 16 May 1846, the House of Commons voted to abolish tariff protection for agriculture - the famous 'repeal of the Corn Laws'. Britain then adhered to her free trade policy despite both her relative economic decline and the protectionist policies of her leading trade rivals, the USA and Germany.This four volume set examines and explains the contentious issues surrounding the policy shift to free trade and the subsequent persistence of that policy. This set provides a comprehensive collection of articles including previously unpublished material on nineteenth century British trade policy and a new and comprehensive introduction by the editor putting the material into context.

The first full examination of the 'protectionist turn' of French liberalism in the early stages of nineteenth-century globalisation.

Exploring works by Walter Scott, Harriet Martineau, Charlotte Brontë, Charles Dickens, and their lesser-known contemporaries, Romances of Free Trade historicizes globalization as it traces the perception of dissolving borders and declining national sovereignty back into the nineteenth century. The book offers a new account of the cultural work of romance in nineteenth-century Britain. Çelikkol argues that novelists and playwrights employed this genre to represent a radically new historical formation: the emergence of a globalized free-market economy. In previous centuries, the British state had pursued an economic policy that chose domestic goods over foreign ones. Through the first half of the nineteenth century, liberal economists maintained that commodity traffic across national borders should move outside the purview of the state, a position and practice that began to take hold as the century progressed. Amid the transformation, Britons pondered the vertiginous effects of rapidly accelerating economic circulation. Would patriotic attachment to the homeland dissolve along with the preference for domestic goods? How would the nation and the empire fare if commerce became uncontrollable? The literary genre of romance, characterized by protagonists who drift in lawless spaces, played a meaningful role in addressing such pressing questions. From the figure of the smuggler to the episodic plot structure, romance elements in fiction and drama narrated and made tangible the sprawling global markets and fluid capital that were reshaping the world. In addition to clear-eyed close readings of nineteenth-century novels and plays, Çelikkol draws on the era's major economic theorists, figures like Adam Smith and Thomas Malthus, to vividly illustrate the manifold ways the romance genre engaged with these emerging financial changes.

This is the story of free trade in 19th century Britain, its contribution to the development of Britain's democratic culture, and the unravelling of the free trade movement in the wake of the First World War.

This book, the product of a unique international scholarly collaboration sponsored jointly by the American Council of Learned Societies and the Soviet Academy of Sciences, provides a comprehensive survey on international banking from 1870 to 1914. In that period international investment reached dimensions previously unknown, and the banking systems of the world achieved a degree of internationalization without precedent. The book's authors, twenty-five scholars from fifteen countries, are the acknowledged experts in their fields. They detail the origin and development of internationally oriented banks in each major country, and explain their role in foreign investment and industrial finance. They look at all areas of the world that were involved in international investment, either as investors, recipients of investment, or both. The definitive work on international banking from 1870 to 1914, this book will interest scholars and students in financial and banking history, bankers and economists in the finanical industry, and general historians.

After the collapse of the Doha Development Round of the World Trade Organization talks, agricultural subsidies and market liberalization went high on the political agenda. This work features historical documents that address the thorny relationship between trade and politics, the appropriate role of international regulation, and domestic concerns.

Reveals how the British Empire's governing men enforced their ideas of freedom, civilization and liberalism around the world.

What was British imperialism and was it an important element of modern globalization? Were economic, political or military factors paramount in imperial expansion? Do post-colonial theories assist or mislead historians? How have histories of imperialism changed, and are current analyses satisfactory? Robert Johnson's invaluable guide offers a succint, easy-to-follow introduction to the key issues and historiography of British imperialism from its origins to the conversion to the Commonwealth. British Imperialism - Provides concise introductions to key questions and debates - Takes a question-based approach to analysis of the material - Offers an assessment of the significance of economic, military and political factors in imperial expansion and decolonization - Presents critical appraisals of the most recent controversies including neo-colonialism, cultural imperialism, post-colonial theory, and gender and imperialism - Includes a useful guide to further reading Using vivid examples, Johnson clearly explains the nature of British imperialism and enables the reader to understand the causes, course and immediate consequences of the British-colonial encounter on a world-wide scale. His book is an essential starting point for all those new to the subject and a helpful introduction to more recent debates.

This book revisits the historically different paths to economic development that Spain, the Netherlands, Great Britain and the United States followed at different time periods since the early modern period. Addressing the questions of how economic growth came about in these four countries and why sustained economic growth was achieved only by the two latter economic powers - Great Britain and the United States, it clearly highlights the long-term economic impact of the individual economic systems each country had developed. This discussion draws on two important variables in economic systems: whether its primary activity is agriculture, commerce, or manufacturing, and whether its productive system expands or simply reproduces. From this interpretive framework, the book suggests that the existing literature has not yet paid sufficient attention to the enduring impact on a nation’s long-term economic performance of their differing economic systems - simple agricultural reproduction system (Spain), expansive commercial reinvestment system (the Netherlands), and expansive industrial reproduction system (Great Britain and the United States). The book also demonstrates why sustained economic growth was viable only within an expansive industrial reproduction system, and what conditions Great Britain and the United States had to fulfill to create such an economic system in their specific historical contexts. It concludes by reflecting on the policy implications of the findings on current discussions concerning economic development within the global economy.