Money and the End of Empire British International Economic Policy an

This book presents a penetrating new analysis of the end of the empire, located at the intersection of politics, economy and society in Britain and the colonies. In the late 1940s and early 1950s, when political control was feasible, discriminatory manage

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Cambridge Imperial and Post-Colonial Studies Series General Editor: A. G. Hopkins, Pembroke College, Cambridge This informative series covers the broad span of modern imperial history while also exploring the recent developments in former colonial states where residues of empire can still be found. The books provide in-depth examinations of empires as competing and complementary power structures encouraging the reader to reconsider their understanding of international and world history during recent centuries. Forthcoming titles include: Larry Butler COPPER EMPIRE Mining and the Colonial State in Northern Rhodesia Robert J. Blyth THE EMPIRE OF THE RAJ John Singleton and Paul L. Robertson ECONOMIC RELATIONS BETWEEN BRITAIN AND AUSTRALASIA The 1940s to the 1960s

Published titles include: Anthony J. Barker SLAVERY AND ANTI-SLAVERY IN MAURITIUS, 1810–33 The Conflict between Economic Expansion and Humanitarian Reform under British Rule Roy Bridges (editor) IMPERIALISM, DECOLONIZATION AND AFRICA Studies Presented to John Hargreaves T. J. Cribb (editor) IMAGINED COMMONWEALTHS Cambridge Essays on Commonwealth and International Literature in English

Cambridge Imperial and Post-Colonial Studies Series Series Standing Order ISBN 978-0-333-91908-8 (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG21 6XS, England

Money and the End of Empire British International Economic Policy and the Colonies, 1947–58 Gerold Krozewski Graduate Institute of International Studies Geneva Switzerland

© Gerold Krozewski 2001

Softcover reprint of the hardcover 1st edition 2001 978-0-333-91983-5 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1P 0LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2001 by PALGRAVE Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N. Y. 10010 Companies and representatives throughout the world PALGRAVE is the new global academic imprint of St. Martin’s Press LLC Scholarly and Reference Division and Palgrave Publishers Ltd (formerly Macmillan Press Ltd).

ISBN 978-1-349-42426-9 ISBN 978-1-4039-1960-1 (eBook) DOI 10.105