Titlebook: British Imperial Policy And Decolonization1938-64: Vol 1. 1938-1951; A. N. Porter,A. J. Stockwell Book 1987 Palgrave Macmillan, a division

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Britain’s Post-war Reconstruction and Colonial Policy, 1945–51 and the accumulation of further debt was unavoidable before a favourable balance of payments and trade could be restored. The continuation, even the extension, of wartime controls and austerity seemed inescapable, but in turn raised serious political problems given popular expectations.

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Britain’s Post-war Reconstruction and Colonial Policy, 1945–51ected, for the end of the war suddenly arrived when Japan surrendered on 15 August 1945. American aid ceased almost immediately, on 21 August. Britain’s borrowings totalled £3500m, much of them in the form of sterling balances whose owners, along with the USA, wanted rapid repayment to assist their

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International Problems and Imperial Policies East of Suez, 1945–51ition to re-establishing control over lost territories they occupied Italian colonies in Africa, and Dutch and French empires in South-east Asia. In 1946–7 1 million Britons were still in the armed forces. Yet Britain could ill afford the expense; she was indebted not only to the USA but to her own