IDEAS home Printed from https://ideas.repec.org/a/bla/ehsrev/v59y2006i3p539-577.html
   My bibliography  Save this article

‘Lines of credit, debts of obligation’: migrant remittances to Britain, c.1875–19131

Author

Listed:
  • GARY B. MAGEE
  • ANDREW S. THOMPSON

Abstract

Britain of the nineteenth century was a net recipient of migrant remittances. Surprisingly little, however, is known about the flow of such funds to the UK. This article addresses this hiatus in several ways. First, it provides an account of the main mechanisms by which remittances were transferred in this period. Second, it presents new estimates of the volume of remittances flowing to Britain between 1875 and 1913, and, in doing so, offers a comparison of remittance patterns between different Anglophone societies. Third, it assesses the significance of remittances for their recipients in the UK. The article ends by considering the implications of all of the above for the way in which historians are currently trying to formulate the concept of a ‘British world’.

Suggested Citation

  • Gary B. Magee & Andrew S. Thompson, 2006. "‘Lines of credit, debts of obligation’: migrant remittances to Britain, c.1875–19131," Economic History Review, Economic History Society, vol. 59(3), pages 539-577, August.
  • Handle: RePEc:bla:ehsrev:v:59:y:2006:i:3:p:539-577
    DOI: 10.1111/j.1468-0289.2006.00349.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-0289.2006.00349.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1468-0289.2006.00349.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Imre Ferenczi, 1929. "International Migration Statistics," NBER Chapters, in: International Migrations, Volume I: Statistics, pages 47-76, National Bureau of Economic Research, Inc.
    2. The Conference on Research in Income and Wealth, 1960. "Trends in the American Economy in the Nineteenth Century," NBER Books, National Bureau of Economic Research, Inc, number unkn60-1, June.
    3. Davis,Lance E. & Gallman,Robert E., 2001. "Evolving Financial Markets and International Capital Flows," Cambridge Books, Cambridge University Press, number 9780521553520, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Magee, Gary & Ishaq Bhatti, M. & Li, Alice Shuaishuai, 2015. "The economic modeling of migration and consumption patterns in the English-speaking world," Economic Modelling, Elsevier, vol. 50(C), pages 322-330.
    2. Chinmay Tumbe, 2015. "Towards financial inclusion: The post office of India as a financial institution, 1880–2010," The Indian Economic & Social History Review, , vol. 52(4), pages 409-437, October.
    3. Timothy J. Hatton, 2010. "The Cliometrics Of International Migration: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 24(5), pages 941-969, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Herrendorf, Berthold & Rogerson, Richard & Valentinyi, Ákos, 2014. "Growth and Structural Transformation," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 855-941, Elsevier.
    2. Jeremy Atack & Fred Bateman & Michael Haines & Robert A. Margo, 2009. "Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60," NBER Working Papers 14640, National Bureau of Economic Research, Inc.
    3. Robert W. Fogel, 1986. "Nutrition and the Decline in Mortality since 1700: Some Preliminary Findings," NBER Chapters, in: Long-Term Factors in American Economic Growth, pages 439-556, National Bureau of Economic Research, Inc.
    4. Howard Bodenhorn, 2016. "Two Centuries of Finance and Growth in the United States, 1790-1980," Working Papers id:11352, eSocialSciences.
    5. Jeremy Atack & Robert A. Margo, 2019. "Gallman revisited: blacksmithing and American manufacturing, 1850–1870," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 13(1), pages 1-23, January.
    6. Chad Turner & Robert Tamura & Sean Mulholland & Scott Baier, 2007. "Education and income of the states of the United States: 1840–2000," Journal of Economic Growth, Springer, vol. 12(2), pages 101-158, June.
    7. Efraim Benmelech & Tobias J. Moskowitz, 2010. "The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century," Journal of Finance, American Finance Association, vol. 65(3), pages 1029-1073, June.
    8. Alan De Bromhead & Karol Jan Borowiecki, 2016. "Immigration and the demand for life insurance: evidence from Canada, 1911," European Review of Economic History, European Historical Economics Society, vol. 20(2), pages 147-175.
    9. van Hombeeck, Carlos Eduardo, 2020. "An exorbitant privilege in the first age of international financial integration?," Journal of International Money and Finance, Elsevier, vol. 101(C).
    10. Richard S.Grossman, 2017. "Beresford’s Revenge: British equity holdings in Latin America, 1869-1929," Wesleyan Economics Working Papers 2017-003, Wesleyan University, Department of Economics.
    11. Alan L. Olmstead & Paul W. Rhode, 2014. "Were Antebellum Cotton Plantations Factories in the Field?," NBER Chapters, in: Enterprising America: Businesses, Banks, and Credit Markets in Historical Perspective, pages 245-276, National Bureau of Economic Research, Inc.
    12. Greenwood, Michael J. & Ward, Zachary, 2015. "Immigration quotas, World War I, and emigrant flows from the United States in the early 20th century," Explorations in Economic History, Elsevier, vol. 55(C), pages 76-96.
    13. Merrett, D. T., 2002. "The internationalization of Australian banks," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 12(4-5), pages 377-397.
    14. R. M. McInnis, 1986. "Output and Productivity in Canadian Agriculture, 1870-71 to 1926-27," NBER Chapters, in: Long-Term Factors in American Economic Growth, pages 737-778, National Bureau of Economic Research, Inc.
    15. Binder, Carola Conces, 2016. "Estimation of historical inflation expectations," Explorations in Economic History, Elsevier, vol. 61(C), pages 1-31.
    16. Prados de la Escosura, Leandro, 2018. "Foreign Capital in 19th Century Spain's Investment Boom," IFCS - Working Papers in Economic History.WH 26196, Universidad Carlos III de Madrid. Instituto Figuerola.
    17. Collins, William J., 2021. "The Great Migration of Black Americans from the US South: A guide and interpretation," Explorations in Economic History, Elsevier, vol. 80(C).
    18. Mary A. O'Sullivan, 2015. "Yankee Doodle went to London: Anglo-American breweries and the London securities market, 1888–92," Economic History Review, Economic History Society, vol. 68(4), pages 1365-1387, November.
    19. Rousseau, Peter L. & Sylla, Richard, 2005. "Emerging financial markets and early US growth," Explorations in Economic History, Elsevier, vol. 42(1), pages 1-26, January.
    20. Timothy J. Hatton, 2010. "The Cliometrics Of International Migration: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 24(5), pages 941-969, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ehsrev:v:59:y:2006:i:3:p:539-577. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/ehsukea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.