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.
Table of Contents
1. Introduction Latika Chaudhary, Bishnupriya Gupta, Tirthankar Roy and Anand V. Swamy 2. Indian economic performance and living standards: 1600-2000 Stephen Broadberry and Bishnupriya Gupta 3. The Colonial Transition and the Decline of the East India Company, c.1746-1784 Santhi Hejeebu 4. The Myth and Reality of Deindustrialisation in Early Modern India Indrajit Ray 5. The Rise of Modern Industry in Colonial India Bishnupriya Gupta 6. Colonial India and the World Economy, c. 1850-1940 G. Balachandran 7. Agriculture in Colonial India Latika Chaudhary, Bishnupriya Gupta, Tirthankar Roy and Anand V. Swamy 8. The Long Run Consequences of Colonial Institutions Lakshmi Iyer 9. Railways in Colonial India: An Economic Achievement? Dan Bogart and Latika Chaudhary 10. Caste, Colonialism and Schooling: Education in British India Latika Chaudhary 11. The Growth of a Labour Market in the Twentieth Century Tirthankar Roy 12. Industrial Labour in Late Colonial India Susan Wolcott 13. Law and Contract Enforcement in Colonial India Anand V. Swamy 14. The Partition and its Aftermath: Empirical Investigations Prashant Bharadwaj and Kevin Quirolo
Latika Chaudhary is an Associate Professor of Economics in the Graduate School of Business and Public Policy at the Naval Postgraduate School, USA
Bishnupriya Gupta is an Associate Professor of Economics at the University of Warwick, UK
Tirthankar Roy is Professor of Economics History at the London School of Economics, UK.
Anand V. Swamy is Professor of Economics at Williams College in Massachusetts, U.S.A