Fay, C. R.: Imperial Economy and its Place in the Formation of Economic Doctrine By Topics: economics, Review. Imperial Economy and Its Place in the Formation of Economic Doctrine, by C. R. Fay (pp. ) Review by: W. K. Hancock. Western colonialism - Western colonialism - Economic imperialism: The father of the economic interpretation of the new imperialism was the British liberal economist John Atkinson Hobson. In his seminal study, Imperialism, a Study (first published in ), he pointed to the role of such drives as patriotism, philanthropy, and the spirit of adventure in advancing the imperialist cause. Imperial economy and its place in the formation of economic doctrine, , English economic history, mainly since , Cambridge: Heffer, The corn laws and social England,
The Lion's Share: A Short History of British Imperialism – (London, ), and Fay, C. R., Imperial Economy and its Place in the Formation of Economic Doctrine – (Oxford, ). . Fay, C.R. Imperial economy and its place in the formation of economic doctrine –Oxford: Clarendon Press. Google Scholar. Greenwood Press, );Charles Fay, Imperial Economy and Its Place in the Formation of Economic Doctrine, –(New York: Greenwood Press, Reprint: ); Gilbert M. Joseph and Allen Wells, “Corporate Control of a Monocrop Economy: Interna-tional Harvester and Yucatan’s Henequen Industry during the Porfiriato,” Latin American. The Economic Development of Modern Scotland – (Edinburgh: John Donald Publishers Ltd., C. R. Fay, Imperial Economy and Its Place in the Formation of Economic Doctrine, – (Oxford: Clarendon Press, ), p.
Open Door Policy: A doctrine that governed the relationship between China and the imperial powers (Britain, France, Germany, Italy, Russia, America, and Japan) during the early s. The policy forbade the imperial powers from taking Chinese territory and from interfering with one another’s economic activities in China. This chapter examines the nature of the post-colonial economy as well as the economic principles of the colonial system itself. In particular, it describes the economic history of the Imperial periphery — the overseas territories that were part of the British Empire in — from the turn of the century to the present day. It also investigates the patterns and structures of economic. The era of “imperial dynamics” starts roughly with “The Great Game”, between Britain and Russia during the 19th century. This refers to their competition over territory between Russia and the Indian subcontinent. Russia was seeking access to a warm water port, while Britain was seeking access to its most valuable colony, India. When one tries to analyze the political, economic and social consequences of racism and the in the exploitation of the undeveloped in order for capitalism to function. The exploitation of these countries took the form of a systematic transfer of labor from the poor country to the industrialized rich country.