Traditional Industry in the Economy of Colonial India


Book Description

The majority of workers in South Asia are employed in industries that rely on manual labour and craft skills. Some of these industries have existed for centuries and survived great changes in consumption and technology over the last 150 years. In earlier studies, historians of the region focused on mechanized rather than craft industries, arguing that traditional manufacturing was destroyed or devitalized during the colonial period, and that modern industry is substantially different. Exploring new material from research into five traditional industries, Tirthankar Roy s book contests these notions, demonstrating that while traditional industry did evolve during the Industrial Revolution, these transformations had a positive rather than destructive effect on manufacturing generally. In fact, the book suggests, the major industries in post-independence India were shaped by such transformations. Tirthankar Roy s book offers new and penetrating insights into India s economic and social history.




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.




A Business History of India


Book Description

In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.




An Economic History of India


Book Description

Much has been written on the Indian economy but this is the first major attempt to present India's economic history as a continuous process, and to place the development of agriculture, industry and currency in a political and historical context.




Bengal Industries and the British Industrial Revolution (1757-1857)


Book Description

This book seeks to enlighten two grey areas of industrial historiography. Although Bengal industries were globally dominant on the eve of the industrial revolution, no detailed literature is available about their later course of development. A series of questions are involved in it. Did those industries decline during the spells of British industrial revolution? If yes, what were their reasons? If not, the general curiosity is: On which merits could those industries survive against the odds of the technological revolution? A thorough discussion on these issues also clears up another area of dispute relating to the occurrence of deindustrialization in Bengal, and the validity of two competing hypotheses on it, viz. i) the mainstream hypothesis of market failures, and ii) the neo-marxian hypothesis of imperialistic state interventions




India in the World Economy


Book Description

This enthralling book offers a new approach to Indian economic history, placing trade and mercantile activity in the region within a global framework.




Women and Labour in Late Colonial India


Book Description

Samita Sen's history of labouring women in Calcutta in the late nineteenth and early twentieth centuries considers how social constructions of gender shaped their lives. Dr Sen demonstrates how - in contrast to the experience of their male counterparts - the long-term trends in the Indian economy devalued women's labour, establishing patterns of urban migration and changing gender equations within the family. She relates these trends to the spread of dowry, enforced widowhood and child marriage. The book provides insight into the lives of poor urban women who were often perceived as prostitutes or social pariahs. Even trade unions refused to address their problems and they remained on the margins of organized political protest. The study will make a signficant contribution to the understanding of the social and economic history of colonial India and to notions of gender construction.




The Economy of Modern India


Book Description

A unique examination of the development of the modern Indian economy over the past 150 years.




Paths to the Emerging State in Asia and Africa


Book Description

This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.




Tea War


Book Description

A history of capitalism in nineteenth‑ and twentieth‑century China and India that explores the competition between their tea industries “Tea War is not only a detailed comparative history of the transformation of tea production in the 19th and early 20th centuries, but it also intervenes in larger debates about the nature of capitalism, global modernity, and global history.”— Alexander F. Day, Occidental College Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.