Accominotti, Olivier 
ORCID: 0009-0005-2682-5064, Flandreau, Marc, Rezzik, Riad and Zumer, Frederic
(2010)
Black man's burden, white man's welfare: control, devolution and development in the British Empire, 1880–1914.
European Review of Economic History, 14 (01).
pp. 47-70.
ISSN 1361-4916
Abstract
This article organizes an economic analysis of the effects of colonial rule on capital market access and development. Our insights provide an interpretation of institutional variance and growth performance across British colonies. We emphasize the degree of coercion available to British authorities in explaining alternative set-ups. White colonies, with a credible exit option, managed to secure a better deal than those where non-whites predominated, for which we find evidence of welfare losses.
| Item Type: | Article |
|---|---|
| Official URL: | http://journals.cambridge.org/action/displayJourna... |
| Additional Information: | © 2009 European Historical Economics Society |
| Divisions: | Economic History |
| Subjects: | H Social Sciences > HC Economic History and Conditions J Political Science > JV Colonies and colonization. Emigration and immigration. International migration |
| JEL classification: | N - Economic History > N2 - Financial Markets and Institutions O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O16 - Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance P - Economic Systems > P5 - Comparative Economic Systems > P52 - Comparative Studies of Particular Economies |
| Date Deposited: | 20 Jun 2011 08:32 |
| Last Modified: | 11 Dec 2024 23:47 |
| URI: | http://eprints.lse.ac.uk/id/eprint/36844 |
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