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The power of commerce : economy and governance in the first British Empire
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The power of commerce : economy and governance in the first British Empire

Author: Nancy F Koehn
Publisher: Ithaca : Cornell University Press, 1994.
Edition/Format:   Book : EnglishView all editions and formats
Summary:
What price do states pay for becoming and remaining world powers? Why did the first greatly expanded British Empire collapse so rapidly? Nancy F. Koehn here recounts the urgent challenges that confronted the British in the ten-year period following their overwhelming victory in the Seven Years War. Koehn shows that with great power comes great vulnerability; imperial dominance made novel demands on practical  Read more...
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Details

Document Type: Book
All Authors / Contributors: Nancy F Koehn
ISBN: 0801426995 9780801426995
OCLC Number: 29844849
Description: xiv, 239 p. : ill., map ; 24 cm.
Contents: 1. The Economics of War and the Politics of Peace --
2. The Landscape of Economic Change --
3. Managing the "Great Machine of Trade" --
4. The Political Configurations of Dominion --
5. The Ambivalence of Empire --
6. Extending Commerce and Improving Revenue.
Responsibility: Nancy F. Koehn.

Abstract:

What price do states pay for becoming and remaining world powers? Why did the first greatly expanded British Empire collapse so rapidly? Nancy F. Koehn here recounts the urgent challenges that confronted the British in the ten-year period following their overwhelming victory in the Seven Years War. Koehn shows that with great power comes great vulnerability; imperial dominance made novel demands on practical policymaking. In 1763 London gained dominion over lands as vast as Canada and India, as tiny as Tobago and Senegal. As a new colonial power, Britain had to find funds to manage and defend these territories, grapple with an unprecedented national debt, and promote growth in the newly industrializing economy at home and in trade with partners abroad. By examining the interconnections between economic and imperial politics, the author closes the gap that separates economic history from political, social, and cultural history. Koehn analyzes a fascinating range of primary sources, and she includes a series of stories about articulate and occasionally eccentric Britons who found themselves taking part in what they knew to be a crucial chapter in their empire's history. Her assessment of how eighteenth-century Britain managed the economic and political challenges of international supremacy has important implications for understanding the imperial trajectories of later world powers, including the United States, Russia, and Japan in the twentieth century.

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Linked Data


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schema:description"What price do states pay for becoming and remaining world powers? Why did the first greatly expanded British Empire collapse so rapidly? Nancy F. Koehn here recounts the urgent challenges that confronted the British in the ten-year period following their overwhelming victory in the Seven Years War. Koehn shows that with great power comes great vulnerability; imperial dominance made novel demands on practical policymaking. In 1763 London gained dominion over lands as vast as Canada and India, as tiny as Tobago and Senegal. As a new colonial power, Britain had to find funds to manage and defend these territories, grapple with an unprecedented national debt, and promote growth in the newly industrializing economy at home and in trade with partners abroad. By examining the interconnections between economic and imperial politics, the author closes the gap that separates economic history from political, social, and cultural history. Koehn analyzes a fascinating range of primary sources, and she includes a series of stories about articulate and occasionally eccentric Britons who found themselves taking part in what they knew to be a crucial chapter in their empire's history. Her assessment of how eighteenth-century Britain managed the economic and political challenges of international supremacy has important implications for understanding the imperial trajectories of later world powers, including the United States, Russia, and Japan in the twentieth century."
schema:description"1. The Economics of War and the Politics of Peace -- 2. The Landscape of Economic Change -- 3. Managing the "Great Machine of Trade" -- 4. The Political Configurations of Dominion -- 5. The Ambivalence of Empire -- 6. Extending Commerce and Improving Revenue."
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