How British Rule Changed India’s Economy


Book Description

This Palgrave Pivot revisits the topic of how British colonialism moulded work and life in India and what kind of legacy it left behind. Did British rule lead to India’s impoverishment, economic disruption and famine? Under British rule, evidence suggests there were beneficial improvements, with an eventual rise in life expectancy and an increase in wealth for some sectors of the population and economy, notably for much business and industry. Yet many poor people suffered badly, with agricultural stagnation and an underfunded government who were too small to effect general improvements. In this book Roy explains the paradoxical combination of wealth and poverty, looking at both sides of nineteenth century capitalism. Between 1850 and 1930, India was engaged in a globalization process not unlike the one it has seen since the 1990s. The difference between these two times is that much of the region was under British colonial rule during the first episode, while it was an independent nation state during the second. Roy's narrative has a contemporary relevance for emerging economies, where again globalization has unleashed extraordinary levels of capitalistic energy while leaving many livelihoods poor, stagnant, and discontented.







Economic Aspects of British Rule in India


Book Description

Provides exhaustive information on the state of economic affairs when the British ruled this subcontinent.




India and the British Empire


Book Description

Essays by leading historians from around the world combine to create a timely and authoritative assessment of a number of the major themes in the history of modern South Asia.




Law and the Economy in Colonial India


Book Description

By accessibly recounting and analyzing the unique experience of institutions in colonial Indiawhich were influenced heavily by both British Common Law and indigenous Indian practices and traditionsLaw and the Economy in Colonial India sheds new light on what exactly fosters the types of institutions that have been key to economic development throughout world history more generally. The culmination and years of research, the book goes through a range of examples, including textiles, opium, tea, indigo, tenancy, credit, and land mortgage, to show how economic laws in colonial India were shaped neither by imported European ideas about how colonies should be ruled nor indigenous institutions, but by the practice of producing and trading. The book is an essential addition to Indian history and to some of the most fundamental questions in economic history."




The Economic History of Colonialism


Book Description

Debates about the origins and effects of European rule in the non-European world have animated the field of economic history since the 1850s. This pioneering text provides a concise and accessible resource that introduces key readings, builds connections between ideas and helps students to develop informed views of colonialism as a force in shaping the modern world. With special reference to European colonialism of the nineteenth and twentieth centuries in both Asia and Africa, this book: • critically reviews the literature on colonialism and economic growth; • covers a range of different methods of analysis; • offers a comparative approach, as opposed to a collection of regional histories, deftly weaving together different themes. With debates around globalization, migration, global finance and environmental change intensifying, this authoritative account of the relationship between colonialism and economic development makes an invaluable contribution to several distinct literatures in economic history.




Inglorious Empire


Book Description

Inglorious Empire' tells the real story of the British in India from the arrival of the East India Company to the end of the Raj, revealing how Britain's rise was built upon its plunder of India. In the eighteenth century, India's share of the world economy was as large as Europe's. By 1947, after two centuries of British rule, it had decreased six-fold. Beyond conquest and deception, the Empire blew rebels from cannon, massacred unarmed protesters, entrenched institutionalised racism, and caused millions to die from starvation. British imperialism justified itself as enlightened despotism for the benefit of the governed, but Shashi Tharoor takes on and demolishes this position, demonstrating how every supposed imperial "gift" - from the railways to the rule of law -was designed in Britain's interests alone. He goes on to show how Britain's Industrial Revolution was founded on India's deindustrialisation, and the destruction of its textile industry.




A New Economic History of Colonial India


Book Description

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.




The British Impact on India


Book Description

First published in 1952, imperialism is a regularly recurring historical phenomenon, calling for neither approval not condemnation in the abstract. A more profitable exercise is to consider particular imperialisms and assess their spirit and their achievements. From this premise Sir Percival Griffiths proceeds to examine the political, administrative and economic effects on India of British rule. Formerly a member of the Indian Civil Service, later the leader of the British representatives in the Indian Legislative Assembly and now closely connected with commerce and industry in India and Pakistan, he has the advantage of a three-sided approach. He was, moreover, playing an active part in Indian public affairs throughout the years leading to the transfer of power. In 1942 he declared that he would fight any government which resiled from the promise of independence for India and when the Cabinet Mission visited India in 1947, it fell on him to assert - on behalf of the British community in India – their conviction that independence must be granted without further delay. It is because he has thus been a close eye-witness of the events of the last three decades in India that he has written this book. Although Western civilization is often regarded by Indians as materialistic, it is the spiritual rather than in the material sphere that British influence has been greatest. It has built up Indian nationalism; it has engendered in Indian minds a new concept of equality and of human rights; it has rekindled the scientific spirit; and is has profoundly modified the Indian intellectual approach to the problems in life. In all this there have been losses as well as gain – not least among the losses being the partial destruction of village corporate life and the spread of specticism among the intelligentsia – but there can be little doubt which way the balance lies. A further fifty years may have to elapse, Sir Percival suggests, before a final assessment of the impact of the British is possible. In the meantime the present book may be confidently recommended as the most authoritative and objective examination of the history and influence of British administration in Indian, which has yet appeared; a book, furthermore, that may be expected to achieve the status of a standard work.




Karl Marx on India


Book Description