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A New Economic History of Colonial India provides a new perspective
on Indian economic history. Using economic theory and quantitative
methods, it shows how the discipline is being redefined and how new
scholarship on India is beginning to embrace and make use of
concepts from the larger field of global economic history and
economics. The book discusses the impact of property rights, the
standard of living, the labour market and the aftermath of the
Partition. It also addresses how education and work changed, and
provides a rethinking of traditional topics including
de-industrialization, industrialization, railways, balance of
payments, and the East India Company. Written in an accessible way,
the contributors - all leading experts in their fields - firmly
place Indian history in the context of world history. An up-to-date
critical survey and novel resource on Indian Economic History, this
book will be useful for undergraduate and postgraduate courses on
Economic History, Indian and South Asian Studies, Economics and
Comparative and Global History.
A New Economic History of Colonial India provides a new perspective
on Indian economic history. Using economic theory and quantitative
methods, it shows how the discipline is being redefined and how new
scholarship on India is beginning to embrace and make use of
concepts from the larger field of global economic history and
economics. The book discusses the impact of property rights, the
standard of living, the labour market and the aftermath of the
Partition. It also addresses how education and work changed, and
provides a rethinking of traditional topics including
de-industrialization, industrialization, railways, balance of
payments, and the East India Company. Written in an accessible way,
the contributors - all leading experts in their fields - firmly
place Indian history in the context of world history. An up-to-date
critical survey and novel resource on Indian Economic History, this
book will be useful for undergraduate and postgraduate courses on
Economic History, Indian and South Asian Studies, Economics and
Comparative and Global History.
An essential history of India's economic growth since 1947,
including the legal reforms that have shaped the country in the
shadow of colonial rule. Economists have long lamented how the
inefficiency of India's legal system undermines the country's
economic capacity. How has this come to be? The prevailing
explanation is that the postcolonial legal system is understaffed
and under-resourced, making adjudication and contract enforcement
slow and costly. Taking this as given, Law and the Economy in a
Young Democracy examines the contents and historical antecedents of
these laws, including how they have stifled economic development.
Economists Roy and Swamy argue that legal evolution in independent
India has been shaped by three factors: the desire to reduce
inequality and poverty; the suspicion that market activity, both
domestic and international, can be detrimental to these goals; and
the strengthening of Indian democracy over time, giving voice to a
growing fraction of society, including the poor. Weaving the story
of India's heralded economic transformation with its social and
political history, Roy and Swamy show how inadequate legal
infrastructure has been a key impediment to the country's economic
growth during the last century. A stirring and authoritative
history of a nation rife with contradictions, Law and the Economy
in a Young Democracy is essential reading for anyone seeking to
understand India's current crossroads-and the factors that may keep
its dreams unrealized.
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