Economic Growth and the Ending of the Transatlantic Slave Trade

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Oxford University Press, 1989 - 405 páginas
This watershed study is the first to consider in concrete terms the consequences of Britain's abolition of the Atlantic slave trade. Why did Britain pull out of the slave trade just when it was becoming important for the world economy and the demand for labor around the world was high? Caught between the incentives offered by the world economy for continuing trade at full tilt and the ideological and political pressures from its domestic abolitionist movement, Britain chose to withdraw, believing, in part, that freed slaves would work for low pay which in turn would lead to greater and cheaper products. In a provocative new thesis, historian David Eltis here contends that this move did not bolster the British economy; rather, it vastly hindered economic expansion as the empire's control of the slave trade and its great reliance on slave labor had played a major role in its rise to world economic dominance. Thus, for sixty years after Britain pulled out, the slave economies of Africa and the Americas flourished and these powers became the dominant exporters in many markets formerly controlled by Britain. Addressing still-volatile issues arising from the clash between economic and ideological goals, this global study illustrates how British abolitionism changed the tide of economic and human history on three continents.

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Economic growth and the ending of the transatlantic slave trade

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Ending the slave trade cost the 19th-century Atlantic economy significant growthparticularly in the Americas, Eltis argues. Using econometric models, his 13 chapters detail a complex case for an ... Leer reseña completa

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Sobre el autor (1989)

David Eltis is Robert W. Woodruff Professor of History at Emory University and has held visiting appointments at Harvard and Yale universities. He is author of The Rise of African Slavery in the Americas, co-compiler of The Transatlantic Slave Trade: A Database on CD-ROM and its successor on www.slavevoyages.org co-editor of Extending the Frontiers: Essays on the New Transatlantic Slave Trade Database (with David Richardson), co-editor of Slavery in the Development of the Americas (with Frank Lewis and Kenneth Sokoloff), and editor of Coerced and Free Migrations: Global Perspectives. He is also author and co-author of numerous articles on slavery, migration, and abolition, most recently in the American Historical Review and the William and Mary Quarterly.

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