Debates Over Trade

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Debates Over Trade Within the Empire

The strengths of trade were an issue of debate amongst contemporaries.

Imperial preference

Joseph Chamberlain wanted closer economic ties between Britain and the Empire.
- He thought imperial preference (reciprocal trade agreements and tariffs) would be better for Britain as it would encourage countries in the Empire to buy from Britain, instead of from Germany or the United States.

Free trade vs protectionism

The Liberal Party won the election in 1906 under the leadership of Sir Henry Campbell-Bannerman.
They pursued a policy of free trade in contrast to Chamberlain's proposal of protectionism.
O'Rourke (2000) highlights that between 1885 and 1889, the average tariff in the UK was 6.1% vs 29.9% in the USA. So even though there was protectionism within the Empire, Britain was actually far more open to international competition than other countries. Lehman & O'Rourke (2011) find a positive correlation between tariffs and economic growth in the early stages of economic development.

Policies in colonies

Pre-war, Harley (2004) claims that "Britain lost its dominance as the workshop of the world".
By the outbreak of war, Australia, New Zealand, and South Africa had all imposed import tariffs to support their domestic industries and businesses.
In India, the swadeshi (self-sufficiency) movement emerged after the partition of Bengal. The swadeshi movement encouraged buying only goods produced locally in India, instead of goods produced by foreign countries or companies.

The Economic Impact British Rule in India

The historian Shashi Tharoor has prompted a re-write of British rule in India, advancing the argument that British rule was intensely damaging, destroying pre-existing industry and prestige.

Shashi Tharoor, An Era of Darkness (2016)

In this book, Tharoor argues that imperial rule was damaging for the Indian economy. He says that 'Indians paid, in other words, for the privilege of being conquered by the British.'

Shashi Tharoor, An Era of Darkness (2016)

Tharoor (2016) argues that 'at the beginning of the eighteenth century, as the British economic historian Angus Maddison has demonstrated, India’s share of the world economy was 23 per cent, as large as all of Europe put together. (It had been 27 per cent in 1700, when the Mughal Emperor Aurangzeb’s treasury raked in £100 million in tax revenues alone.)'
'By the time the British departed India, it had dropped to just over 3 per cent.'

1High Water Mark of the British Empire, 1857-1914

1.1Development of Imperialism, 1857-1890

1.1.1Empires over Time

1.1.2Key Questions About Empires

1.1.3Expansion into Africa

1.1.4History of Egypt

1.1.5Control of Egypt

1.1.6Control of Sudan

1.2Imperial & Colonial Policy, 1857-1890

1.2.1The British Empire & India

1.2.2The British Raj

1.2.3International Relations with other Powers

1.2.4Scramble for Africa

1.2.5The Informal Empire

1.3Trade & Commerce, 1857-1890

1.3.1Trade & Commerce in the Empire

1.3.2Infrastructure of Trade & Commerce

1.3.3Products of Trade & Commerce

1.4Attitudes Towards the Empire, 1857-1890

1.4.1Explorers

1.4.2Missionaries

1.4.3Traders & Colonial Administrators

1.4.4Government Attitudes Towards Imperialism

1.5Relations with Indigenous Peoples, 1857-1890

1.5.1Relations with India

1.5.2Relations with South Africa

1.5.3British-Boer Relations

2Imperial Consolidation & Liberal Rule, 1890-1914

2.1Consolidation & Expansion in Africa, 1890-1914

2.1.1Consolidation & Expansion into Africa

2.1.2Consolidation & Expansion in South Africa

2.1.3Historical Interpretations: Expansion into Africa

2.2Imperial & Colonial Policy, 1890-1914

2.2.1Policy in India

2.2.2Policy in Egypt

2.2.3Native Policy in Colonies

2.2.4International Relations with Other Powers

2.3Trade & Commerce, 1890-1914

2.3.1The Benefits of Trade

2.3.2Costs of the Empire

2.3.3Debates Over Trade

2.4Attitudes Towards the Empire, 1890-1914

2.4.1Key Administrators - Chamberlain & Rhodes

2.4.2Key Administrators - Baring & Milner

2.4.3Key Administrators - Curzon

2.4.4Government Attitudes to the Empire

2.4.5National Efficiency & the Boer War

2.4.6Popular Attitudes Towards Imperialism

2.5Relations with Indigenous Peoples, 1890-1914

2.5.1Challenges in India

2.5.2Challenges in Africa

2.5.3Challenges in South Africa

2.5.4Historical Interpretations of the Boer War

2.5.5Relations & Business with Iran

3Imperialism Challenged, 1914-1967

3.1Expansion & Contraction of Empire, 1914-1947

3.1.1Impact of WW1

3.1.2Palestine

3.1.3Ireland & WW1

3.1.4Impact of WW2 on the British Empire

3.2Colonial Policy & Administration, 1914-1947

3.2.1Administration in India & Palestine

3.2.2Administration in Iraq & the Dominions

3.2.3Imperial Defence

3.3Trade, Commerce & Economic Impact of War

3.3.1Economic Impact of WW1

3.3.2Inter-War Trade & Commerce

3.3.3Economic Impact of WW2

3.4Attitudes Towards the Empire, 1890-1914

3.4.1Colonial Administrators

3.4.2Trusteeship

3.4.3Gandhi

3.4.4Montagu, Haig & Linlithgow

3.4.5Cameron, Mitchell, Cohen & Furse - African Admins

3.4.6Imperialist Ideals

3.5Relations with Indigenous Peoples, 1914-1947

3.5.1Ireland & India 1914-1947

3.5.2The Middle East and Africa

4The Wind of Change, 1947-1967

4.1Decolonisation in Africa & Asia, 1947-1967

4.1.1Reasons for Decolonisation

4.1.2Decolonisation in East & West Africa

4.1.3Decolonisation in Central & South Africa

4.1.4Decolonisation in Asia

4.2Colonial Policy & Administration, 1947-1967

4.2.1Relations & Business with Iran after WW2

4.2.2The 'Winds of Change'

4.2.3The Suez Canal Crisis - 1956

4.2.4International Relations 1947-1967

4.3Trade & Commerce, 1947-1967

4.3.1The Economic Impact of WW2

4.4Attitudes Towards the Empire, 1947-1967

4.4.1Colonial Administrators: Cohen & Arden-Clarke

4.4.2Local Leaders in the Independence Movement

4.4.3Pan-Africanism in Nationalism

4.5Post-Colonial Ties, 1947-1967

4.5.1Windrush & Immigration

4.5.2Commonwealth Immigrants Act

4.5.3Residual Impact of the Empire

4.6Relations with Indigenous Peoples, 1947-1967

4.6.1Challenges to Colonial Rule Post 1947

4.6.2Kenya & the Mau Mau Uprising

4.6.3Nigeria & Rhodesia

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