Abstract
As an economic empire reaches its apex and transcends from a production emphasis to a consumption emphasis, further growth must rely on the combination of productivity improvements and population increases.
I venture to allude to the impression which seemed generally to prevail among their brethren across the seas, that the Old Country must wake up if she intends to maintain her old position of pre-eminence in her colonial trade against foreign competitors.
(King George V, 1865–1936)
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© 2010 Colin Read
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Read, C. (2010). Dependency Economics. In: The Rise and Fall of an Economic Empire. Palgrave Macmillan, London. https://doi.org/10.1057/9780230297074_13
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DOI: https://doi.org/10.1057/9780230297074_13
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32417-0
Online ISBN: 978-0-230-29707-4
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