Re: [OPE] fascism / opposing imperialist military

From: Allin Cottrell <>
Date: Fri Apr 08 2011 - 18:08:53 EDT

On Fri, 8 Apr 2011, Dave Zachariah wrote:

> Do listmembers have access to economic data of Britain's relation to
> India during the period, say, 1870-1910? I would like to verify the
> following:
> The established theory among anti-imperialists at the time was the
> 'drain theory', in which the Indian economy was running a persistent
> trade surplus with Britain, thus making a loss in real terms as goods
> are traded for credits. At the other end, Mike Davis reported that
> Indian economy was simultaneously running a persistent current account
> deficit with Britain [...]

This looks relevant:

"Foreign investment and imperial exploitation: balance of payments
reconstruction for nineteenth-century Britain and India", James
Foreman-Peck, The Economic History Review, Volume 42, Issue 3,
pages 354-374, August 1989.

Allin Cottrell
ope mailing list
Received on Fri Apr 8 18:09:54 2011

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