Jim Tomlinson
- Published in print:
- 2014
- Published Online:
- September 2015
- ISBN:
- 9780748686148
- eISBN:
- 9781474400817
- Item type:
- chapter
- Publisher:
- Edinburgh University Press
- DOI:
- 10.3366/edinburgh/9780748686148.003.0003
- Subject:
- Society and Culture, Scottish Studies
This chapter examines the impact of globalisation and empire upon industrial Britain by focusing on the case of the Scottish city of Dundee as Juteopolis. Economic historians have suggested that ...
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This chapter examines the impact of globalisation and empire upon industrial Britain by focusing on the case of the Scottish city of Dundee as Juteopolis. Economic historians have suggested that falling transport costs combined with reductions in trade barriers triggered a rise in trade volumes in the nineteenth century. These processes have been most intensively studied for trade across the North Atlantic, where the expansion of the grain traded from North America into European markets epitomised much of what was happening. The expansion of trade in the North Atlantic was closely associated with two other key features of contemporary globalisation: the multiplication of international capital flows and migration. Within this fast-expanding multilateral trading system, India became a linchpin in the run-up to World War I by being a major global supplier of raw materials and foodstuffs. Meanwhile, Dundee was at the centre of the process of imperial globalisation, with its jute industry contributing on a large scale to the British outflows of capital and migrants. This chapter considers the competition between Calcutta and Dundee in the area of jute production.Less
This chapter examines the impact of globalisation and empire upon industrial Britain by focusing on the case of the Scottish city of Dundee as Juteopolis. Economic historians have suggested that falling transport costs combined with reductions in trade barriers triggered a rise in trade volumes in the nineteenth century. These processes have been most intensively studied for trade across the North Atlantic, where the expansion of the grain traded from North America into European markets epitomised much of what was happening. The expansion of trade in the North Atlantic was closely associated with two other key features of contemporary globalisation: the multiplication of international capital flows and migration. Within this fast-expanding multilateral trading system, India became a linchpin in the run-up to World War I by being a major global supplier of raw materials and foodstuffs. Meanwhile, Dundee was at the centre of the process of imperial globalisation, with its jute industry contributing on a large scale to the British outflows of capital and migrants. This chapter considers the competition between Calcutta and Dundee in the area of jute production.
