The Economics of Territorial Sovereignty
My task in this lecture is to examine in what ways territorial inequalities may have economic consequences which are a danger to world peace. Some states control large territories; others control small territories. It is notorious that disputes concerning the justice of this division are a continual menace to peace. It is my business to investigate, from the economic point of view, some of the complaints underlying these disputes and the conditions under which these complaints are valid.
KeywordsForeign Exchange International Relation Real Income Sovereign State Commercial Policy
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- 2.Grover Clark, The Balance Sheets of Imperialism (New York, 1936).Google Scholar