Cookies?
Library Header Image
LSE Research Online LSE Library Services

Economic history and modern India: redefining the link

Roy, Tirthankar (2002) Economic history and modern India: redefining the link. Journal of Economic Perspectives, 16 (3). pp. 109-130. ISSN 0895-3309

Full text not available from this repository.

Abstract

This paper argues that to restore the link between economic history and modern India, a different narrative of Indian economic history is needed. An exclusive focus on colonialism as the driver of India's economic history misses those continuities that arise from economic structure or local conditions. In fact, market-oriented British imperial policies did initiate a process of economic growth based on the production of goods intensive in labor and natural resources. However, productive capacity per worker was constrained by low rates of private and public investment in infrastructure, excessively low rates of schooling, social inequalities based on caste and gender and a delayed demographic transition to lower birthrates and the resultant heavy demographic burden placed on physical capital and natural resources.

Item Type: Article
Official URL: http://www.aeaweb.org/jep/
Additional Information: © 2002 American Economic Association
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
Sets: Departments > Economic History
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 21 Apr 2008 10:52
URL: http://eprints.lse.ac.uk/4420/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only