LEADER 04534nam 22007335 450 001 9910554274103321 005 20220415220249.0 010 $a0-226-38778-X 024 7 $a10.7208/9780226387789 035 $a(CKB)3710000000868737 035 $a(MiAaPQ)EBC4519368 035 $a(StDuBDS)EDZ0001565965 035 $a(DE-B1597)523359 035 $a(OCoLC)958937276 035 $a(DE-B1597)9780226387789 035 $a(EXLCZ)993710000000868737 100 $a20200424h20162016 fg 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aLaw and the economy in colonial India /$fTirthankar Roy, Anand V. Swamy 210 1$aChicago :$cUniversity of Chicago Press,$d[2016] 210 4$dİ2016 215 $a1 online resource (253 pages) $cillustrations, map 225 0 $aMarkets and Governments in Economic History 300 $aPreviously issued in print: 2016. 320 $aIncludes bibliographical references and index. 327 $tFrontmatter --$tCONTENTS --$tILLUSTRATIONS --$tACKNOWLEDGMENTS --$tONE. Introduction --$tTWO. The Process of Legislation, 1772- 1857 --$tTHREE. Landed Property: Security and Incentives --$tFOUR. Landed Property and Credit --$tFIVE. Succession of Property: Joint versus Individual Right --$tSIX. Labor Law: From "Slavery" to Trade Union --$tSEVEN. Contract: Late Westernization --$tEIGHT. Corporate Law: Flawed Westernization --$tNINE. The Burden of Procedures --$tTEN. Conclusion --$tTIMELINE --$tNOTES --$tGLOSSARY --$tREFERENCES --$tINDEX 330 $aSince the economic reforms of the 1990s, India's economy has grown rapidly. To sustain growth and foreign investment over the long run requires a well-developed legal infrastructure for conducting business, including cheap and reliable contract enforcement and secure property rights. But it's widely acknowledged that India's legal infrastructure is in urgent need of reform, plagued by problems, including slow enforcement of contracts and land laws that differ from state to state. How has this situation arisen, and what can boost business confidence and encourage long-run economic growth? Tirthankar Roy and Anand V. Swamy trace the beginnings of the current Indian legal system to the years of British colonial rule. They show how India inherited an elaborate legal system from the British colonial administration, which incorporated elements from both British Common Law and indigenous institutions. In the case of property law, especially as it applied to agricultural land, indigenous laws and local political expediency were more influential in law-making than concepts borrowed from European legal theory. Conversely, with commercial law, there was considerable borrowing from Europe. In all cases, the British struggled with limited capacity to enforce their laws and an insufficient knowledge of the enormous diversity and differentiation within Indian society. A disorderly body of laws, not conducive to production and trade, evolved over time. Roy and Swamy's careful analysis not only sheds new light on the development of legal institutions in India, but also offers insights for India and other emerging countries through a look at what fosters the types of institutions that are key to economic growth. 410 0$aMarkets and governments in economic history. 606 $aLaw$zIndia 606 $aBritish Indian law 606 $aRaj 606 $acommercial contracts 606 $acorporate law 606 $aimperial 606 $aBUSINESS & ECONOMICS / General$2bisacsh 607 $aIndia$xEconomic policy 607 $aIndia$xEconomic conditions 607 $aIndia$xHistory$yBritish occupation, 1765-1947 610 $aBritish Indian law. 610 $aRaj. 610 $acommercial contracts. 610 $acorporate law. 610 $aimperial. 615 0$aLaw 615 4$aBritish Indian law. 615 4$aRaj. 615 4$acommercial contracts. 615 4$acorporate law. 615 4$aimperial. 615 7$aBUSINESS & ECONOMICS / General. 676 $a349.5409034 686 $aNQ 9410$qSEPA$2rvk 700 $aRoy$b Tirthankar$4aut$4http://id.loc.gov/vocabulary/relators/aut$0460938 702 $aSwamy$b Anand V.$4aut$4http://id.loc.gov/vocabulary/relators/aut 801 0$bDE-B1597 801 1$bDE-B1597 906 $aBOOK 912 $a9910554274103321 996 $aLaw and the Economy in Colonial India$92819780 997 $aUNINA