Author: Tirthankar Roy
Publisher: Oxford University Press
ISBN/UPC (if available): 0195662547
Now in paperback edition, this is one of the few detailed and updated books on the economic history of colonial India. It approaches the subject along the same lines as the Cambridge Economic History of India, but is a much more condensed and compact version.
From the myriad facets of economic history, topics relevant to the student have been carefully chosen. These include specific aspects of the Indian economy such as population, occupational structure, agrarian relations, industry, plantations, and mines, banking and macro economy.
The book provides a comprehensive annotated bibliography highlighting essential and optional reference at the end of each chapter. An invaluable resource for readers, it will also prove to be handy reference for teachers and researchers in economics and history.
EXCERPTS FROM REVIEWS:
This book makes a wealth of data admirably accessible. Each chapter begins with a small set of questions that are discussed as empirical problems and analyzed in painstaking detail and returns at the end to its initial questions to formulate summary conclusion, followed by a well-chosen list of suggested readings.
- David Ludden, University of Pennsylvania
In a heterodox filed in which historical economists often find themselves defensive about their methods and struggling with a paucity of records, Roy offers a serious attempt to place the tools of economic analysis in the service of Indian history. It is a pity it ends at 1947.
- Sandi Hejeebu, University of Iowa
Tirthankar Roy's book gives a very balanced and dogma-free analysis of the shaping of the Indian economy during the period 1857 to 1947.
List of Tables
List of Maps
List of Abbreviations
Economic History and India
THE BACKGROUND: 1757-1857
Conditions about 1750
Industry and Finance
AGRICYULTURE AND COMMON PROPERTY RESOURCES
Production, Investment and Technology
Expansion in Markets
Effects of Market Expansion
Explaining Growth and Stagnation
Common Property Resources
Long-term pattern of Indian industrialization
Examples of Traditional Industries in Transition
Capital in Traditional Small-Scale Industry
Modern Small-Scale Industry
LARGE SCALE INDUSTRY
Stages of Industrialization
Finance for Industry
Large Scale Industry in the Princely States
PLANTATION, MINES, AND BANKING
An Overview: Economic Structure, Growth and fluctuations
Money Supply and Balance of Payments
Fluctuations in Price and Outputs
Speculating the Causes of Stagnation
THE ROLE OF THE GOVERNMENT
Policies and Policy-Making
Infrastructure and Institutions
POPULATION AND LABOUR FORCE
Population Size and Growth
Labor Force and Occupational Structure
Appendix A: Imperialism
Appendix B: The National Accounting System