UID:
edocfu_9960119186402883
Format:
1 online resource (296 pages) :
,
digital, PDF file(s).
ISBN:
1-282-18562-4
,
9786612185625
,
1-84615-567-3
Content:
A survey of the Crown Agents during a turbulent and eventful period. 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.
Note:
Title from publisher's bibliographic system (viewed on 02 Oct 2015).
,
CONTENTS; LIST OF FIGURES AND TABLES; ACKNOWLEDGEMENTS; ABBREVIATIONS; Introduction; 1. The Public Issue of Loans; 2. Other Sources of Finance; 3. The Management of Colonial Investment Funds; 4. The Management of the Joint Colonial Fund and the Joint Miscellaneous Fund; 5. The Cost of Supplies; 6. Procurement from the Early 1960s and Delivery Delays; 7. Miscellaneous Roles; 8. The Move into Secondary Banking; 9. The Collapse of the Secondary Banking Venture; CONCLUSION; APPENDICES; 1. The Crown Agents, 1920-74; 2. Market finance, 1914-68 (£m); 3. Non-market finance, 1920-65 (£m)
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4. 1954 Investment Funds (£m), Wartime gifts and loans (£m), 1936 procurement (£m) and 1954 colonial appointments5. CA's own account activities; 6. FMI investment in associated companies, 1969-74; BIBLIOGRAPHY; INDEX
,
English
Additional Edition:
ISBN 1-84383-301-8
Language:
English
DOI:
10.1515/9781846155673
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