Abstract
Hobson was the first to explain policies of territorial annexation in terms of economic factors.1 The best known version of this explanation is that in Imperialism: A Study, which includes an investigation of the potential roles of international trade and international capital flows respectively in prompting such policies, concluding that it is not the former but the latter that is responsible. As a prelude to the exposition of this theory of imperialism we look at Hobson’s analyses of these two aspects of economic activity.
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© 1996 Michael Schneider
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Schneider, M. (1996). Trade, Capital Flows and Imperialism. In: J. A. Hobson. Contemporary Economists. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24750-9_5
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DOI: https://doi.org/10.1007/978-1-349-24750-9_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-24752-3
Online ISBN: 978-1-349-24750-9
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