1.

Record Nr.

UNINA9910337674903321

Autore

Roy Tirthankar

Titolo

How British Rule Changed India’s Economy : The Paradox of the Raj / / by Tirthankar Roy

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Pivot, , 2019

ISBN

3-030-17708-4

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (167 pages)

Collana

Palgrave Studies in Economic History, , 2662-6500

Disciplina

330.954

330.954035

Soggetti

Economic history

Imperialism

Asia - Economic conditions

Agriculture - Economic aspects

Development economics

Economic policy

Economic History

Imperialism and Colonialism

Asian Economics

Agricultural Economics

Development Economics

Economic Policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Chapter 1: Introduction -- Chapter 2: The making of British India -- Chapter 3: The business of the cities -- Chapter 4: Unyielding land -- Chapter 5: A poor state -- Chapter 6: End of famine -- Chapter 7: A different story? The princely states -- Chapter 8: Conclusion.

Sommario/riassunto

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. .