Catalogue


Managing British colonial and post-colonial development ; the crown agents, 1914-74 /
David Sunderland.
imprint
Woodbridge, UK ; New York : Boydell & Brewer, 2007.
description
296 p. : ill. ; 24 cm.
ISBN
1843833018 (hbk.), 9781843833017 (hbk.)
format(s)
Book
Holdings
More Details
imprint
Woodbridge, UK ; New York : Boydell & Brewer, 2007.
isbn
1843833018 (hbk.)
9781843833017 (hbk.)
catalogue key
6187702
 
Includes bibliographical references and index.
A Look Inside
Summaries
Bowker Data Service Summary
Sunderland provides a survey of the Crown Agents during a turbulent and eventful period. This book, a sequel to 'Managing the British Empire', examines the Agents' development roles, including the disastrous venture into secondary banking in 1967 which collapsed in 1974, then the largest bankruptcy in British financial history.
Main Description
Britain's Crown Agents' Office is a unique development agency. Until the early 1960s, its clients were colonial governments, and, thereafter, the administrations of dependencies and newly independent countries. As well as purchasing a large proportion of its customers' imports, it provided them with finance and managed their investments. It was thus one of the largest buyers of goods in the UK, and, after, the Bank of England, the country's biggest financial institution. This book, the sequel to the author's Managing the British Empire: The Crown Agents, 1833 -1914 (Boydell, 2004), examines the Agents' various development roles, including the disastrous venture into secondary banking in 1967 which collapsed in 1974, then the largest bankruptcy in British financial history. The book contributes to a number of current debates in development studies, adds to our understanding of the London financial market and the competitiveness of British industry, and shows how present day aid agencies can learn much from the arrangements of the past.
Table of Contents
List of figures and tablesp. vi
Acknowledgementsp. ix
Abbreviationsp. xi
Introductionp. 1
The public issue of loansp. 9
Other sources of financep. 42
The management of colonial investment Fundsp. 69
The management of the Joint Colonial Fund and the Joint Miscellaneous Fundp. 97
The cost of suppliesp. 115
Procurement from the early 1960s and delivery delaysp. 143
Miscellaneous rolesp. 160
The move into secondary bankingp. 179
The collapse of the secondary banking venturep. 221
Conclusionp. 241
Appendices
The Crown Agents, 1920-74p. 254
Market finance, 1914-68p. 256
Non-market finance, 1920-65p. 260
1954 Investment Funds, Wartime gifts and loans, 1936 procurement and 1954 colonial appointmentsp. 265
Crown Agents' own account activitiesp. 269
FMI investment in associated companies, 1969-74p. 270
Bibliographyp. 279
Indexp. 287
Table of Contents provided by Ingram. All Rights Reserved.

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