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Economic history: an endangered discipline

Roy, Tirthankar (2004) Economic history: an endangered discipline. Economic and Political Weekly, 39 (29). pp. 3238-3243. ISSN 0012-9976

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The dominant paradigm guiding research in economic history held that the market-oriented policies of British colonial rule led India to underdevelopment and poverty. In the past, the idea appealed to economists because it provided independent India's pursuit of socialist policies with an ideological basis. After the return to market in the 1990s, the compatibility between history and policy was undermined leading to progressive irrelevance of history. In order to restore the link between history and economics, we need to replace narratives centred on colonial power with narratives that take structural features, especially resource-endowments, more seriously.

Item Type: Article
Official URL:
Additional Information: © 2004 Economic and Political Weekly
Divisions: Economic History
Subjects: H Social Sciences > HC Economic History and Conditions
JEL classification: N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N10 - General, International, or Comparative
Date Deposited: 29 Oct 2012 11:19
Last Modified: 19 Sep 2021 23:11

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