イギリス対外投資におけるカナダの位置 : ドル圏投資「再建」政策を中心に

概要

論文の詳細を見る
During World War II, Britain lost most of its Canadian assets, along with its other overseas assets. The government therefore made a successful attempt to rebuild its investments in Canada. The purpose of this paper is to show the reasons and details of this re-expansion of Canadian investment. So far, scholars have asserted that Anglo-Canadian economic relations started to dis-engage from World War I and that this dis-engagement was completed after World War II. However, Canadian assets were so important to Britain in the inter-war period, for example coming second (following Australia) in the 1930s, that the government aimed at rebuilding them after the war. Further, the British government hoped that the rebuilding of such dollar area assets would provide a future source of hard currency earnings. In the dollar area, the government preferred Canada to the United States because of its Commonwealth ties. The policy for promoting investment in Canada was established in 1952, when the Treasury became able to use the dollars which had been bound in security for U. S. loans. The authorities regarded chemicals, aluminum smelting, mining, and the oil industry as the main sectors in British Canadian investment, and ICI, British Aluminum, Rio Tinto and BP made heavy investments in these areas. Therefore in the1950s Anglo-Canadian economic relations still showed strong ties at least in terms of capital flow.
社会経済史学会の論文
2001-01-25