IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Economic benefits from colonial assets : the case of the Netherlands and Indonesia 1870-1958

  • Eng, Pierre van der

    (Groningen University)

This paper explores the question whether and to what extent the economic relations between the Netherlands and its former colony Indonesia could be crucial to explaining `metropolitan' economic development and `peripheral' underdevelopment. It first surveys the literature on economic explanations for imperialism and the historiography involving Netherlands-Indonesia relations. The paper then generalises the broad economic importance to the Dutch economy of having Indonesia as a colony. The paper argues that the economic relevance shifted from trade to financial relations since ca.1900. Ready access to the Dutch capital market is likely to have advantaged economic development in Indonesia, albeit at the price of a shift in company ownership and a continuous transfer of dividend and interest payments to the Netherlands. The Dutch economy benefited from the relations with Indonesia, but was not particularly dependent on this relationship. This is demonstrated by the fact that after the decolonisation of Indonesia the economic ties between the two countries were severed during the 1950s. The Dutch economy entered a period of rapid growth, while the loss of ready access to the Dutch capital market contributed to economic stagnation in Indonesia.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://irs.ub.rug.nl/ppn/24243682X
Download Restriction: no

Paper provided by Groningen Growth and Development Centre, University of Groningen in its series GGDC Research Memorandum with number 199839.

as
in new window

Length:
Date of creation: 1998
Date of revision:
Handle: RePEc:dgr:rugggd:199839
Contact details of provider: Postal: PO Box 800, 9700 AV Groningen
Phone: +31 50 363 7185
Fax: +31 50 363 3720
Web page: http://ggdc.eldoc.ub.rug.nl/
Email:


More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:dgr:rugggd:199839. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joke Bulthuis)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.