the swiftness of this development being helped by the new interest the country in administrative and other improvements. : of goods and almost monopolised the freight industry, in the kinds of goods which it used to export to the first quarter of the 20th to change from Indian goods to British products. the discovery of oil, the customs duty on

doi:10.4324/9780203038017-109

Chapter

the swiftness of this development being helped by the new interest the country in administrative and other improvements.

Chapter

ABSTRACT

Fromthetable,itisalsoclearthatthegeneralvolumeof Bahrain'stradebegantorisegraduallyimmediatelyaftertheFirst WorldWarand,in1917-18,itrosetoabout£2,424,992,4.9%upon thepreviousyearandthenincreasedby10%thefollowingyear.We alsonoticethatthelargestincreaseoccurredin1922-23whenthe figuresfortheyearroseto£3,315,160,apercentageincreaseof 65.4%onthepreviousyear.Thisisundoubtedlyanabnormalrate andwejustifyit,aswementioned,withthetransferofthetradeof KuwaitandtheArabianPeninsulatoBahrain.From1929-30,these figuresbeganagradualdeclineespeciallyatthebeginningofthe thirties.Webelievethisdeclinetobeduetovariousreasons includingthecrisisoftheslumpinthepearlmarketandtheworld economiccrisis.