John Stuart Mill s comment that the British Caribbean was really a part of the British domestic economy, because almost all its trade was with British buyers and sellers, is used to make a new assessment of the importance of the eighteenth-century slave systems to British industrialization. If the value added and strategic linkages of the sugar industry are compared to those of other British industries, it is apparent that sugar cultivation and the slave trade were not particularly large, nor did they have stronger growth-inducing ties with the rest of the British economy.
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Volume (Year): 60 (2000) Issue (Month): 01 (March) Pages: 123-144 Download reference. The following formats are available: HTML
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Peter H. Lindert & Jeffrey G. Williamson, 2003.
"Does Globalization Make the World More Unequal?,"
NBER Chapters,
in: Globalization in Historical Perspective, pages 227-276
National Bureau of Economic Research, Inc.
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