British Imperialism and the Political Economy of Malayan Independence

Sutton, Alex (2016) British Imperialism and the Political Economy of Malayan Independence. Journal of Imperial and Commonwealth History, 44 (3). pp. 470-491. ISSN 0308-6534

Text (This is an Accepted Manuscript of an article published by Taylor & Francis in The Journal of Imperial and Commonwealth History on 19.05.16, available online:
Malaya.pdf - Accepted Version
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The paper focuses on Britain’s relationship with Malaya shortly before and after its independence from the British Empire. The paper looks at the negotiations concerning the financial settlement prior to independence. Britain sought to keep Malaya within the Sterling Area at all costs, even after de jure convertibility had been achieved, due to its high dollar earning capacity, which remained important due to persistent trade deficits with the US since the end of the Second World War. The paper argues that this settlement, while seemingly very generous for an independent Malaya, was still very much intended to maintain Britain’s role within the global economy, to ensure Sterling’s status as an international currency, and to support conditions for British economic growth.

Item Type: Article
Subjects: D History General and Old World > D History (General) > D839 Post-war History, 1945 on
D History General and Old World > DA Great Britain > DA10 British Empire. Commonwealth of Nations. The Commonwealth
J Political Science > JV Colonies and colonization. Emigration and immigration. International migration
Divisions: Departments > History
Depositing User: Alex Sutton
Date Deposited: 30 Mar 2017 10:53
Last Modified: 26 Sep 2019 10:37

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