Kevin O’Rourke, University of Oxford
Presenter: Kevin O’Rourke, University of Oxford
Paper: When Britain turned inward: Protection and the shift towards Empire in interwar Britain
Abstract: What explains the increasing share of intra-imperial-bloc trade during the interwar period? Previous studies have explored the relationship between aggregate bilateral trade flows and bloc membership, finding that bloc membership did not matter greatly for the direction of trade. This paper looks in detail at the trade policies pursued by the UK, using commodity-level data on imports and trade policies. These policies explain the majority of the increase in the Empire’s share of UK imports in the 1930s.
The International Economics Seminar series is presented jointly with the Walsh School of Foreign Service and the Economics Department of Georgetown University.