The wealth of the Cape Colony: Measurements from probate inventories

The stylized view of the Dutch Cape Colony (1652-1795) is of a poor, subsistence economy, with little progress in the first 143 years of Dutch rule. New evidence from probate inventory and auction roll records show that previous estimates about wealth at the Cape are inaccurate. In contrast to earlier historical accounts, the inventories reveal evidence of an affluent, market-integrated settler society, comparable to the most prosperous regions in eighteenth century England and Holland.

Related Journal

2012, Economic History Review
SHARE THIS Working Paper PUBLICATION:
25 September 2012
Publication Type: Working Paper
Research Programme: Monetary & Fiscal Policy
JEL Code: I32, N37, N57