Revenue farming
Revenue farming was a widespread institution in pre-modern states and empires. Its basic modus operandi was the payment of a fixed price in exchange for the right to collect revenue due to the state. In the Malay Peninsula in the 18th century, and especially, the 19th century, revenue farming meant not only the award of licences to collect revenue but also grants of monopolies to conduct various activities. By the early years of the 20th century, the system had been replaced by government revenue collection, first in the Straits Settlements and later in the Malay states.
- Information in the full article includes
- The revenue farming system
- The costs and benefits of the system
- The demise of revenue farming
