By Amiya Kumar Bagchi
This booklet bargains with the heritage of personal funding in India and its determinants throughout the interval 1900-1939. It develops an easy theoretical framework in its first half and attempts to isolate the impact on inner most funding in India of issue offers, as opposed to call for stipulations. within the moment half, all of the significant production industries of the interval are studied intimately. lots of the analytical equipment used is built from orthodox financial concept, yet a heavy emphasis is put on Keynesian rules. eventually, the writer offers a case research within the fiscal family among an imperial strength (Britain) and a established colony (India). He additionally examines the social family among the ruling race and the Indians, and gives one of many few particular bills of the mechanics of imperialism.
Read or Download Private Investment in India 1900-1939 PDF
Best history_1 books
Filling a huge hole in historic, literary, and post-colonial scholarship, Imperialisms examines early identification statements and nuances of dominance of the world's significant imperialisms in a number of theatres of festival. constructed in collaboration with best students within the box, this e-book balances ancient essays and case experiences, and encourages investigations of conversant and competing imperialisms, their practices, and their rhetoric of self-justification.
- Prefabs: The history of the UK Temporary Housing Programme (Studies in History, Planning and the Environment Series)
- British Armour in action
- Japanese-German Relations, 1895-1945 War and Diplomacy (Routledgecurzon Studies in the Modern History of Asia)
- Another Global City: Historical Explorations into the Transnational Municipal Moment, 1850-2000
- Landmarks in Linguistic Thought I: The Western Tradition from Socrates to Saussure, 2nd edition (Routledge History of Linguistic Thought Series)
Extra resources for Private Investment in India 1900-1939
This was the view of many Indian students of development and of British publicists sympathetic to the cause of Indian industrialization. In a recent article,22 Professor G. C. Allen writes: 'Finally, and this is probably the most powerful reason for the slowness of industrial 21 See for example, Vera Anstey: 'Economic development' in L. S. S. ): Modern India and the West (London, 1941), p p . 258-304; P. P. Pillai: Economic Conditions in India (London, 1925), Chapter 10; P. S. Lokanathan: Industrial Organization in India (London, 1935); N .
The Cambridge Economic History of Europe, Vol. v i , P a r t 1 (Cambridge, 1965), p p . 5 6 138, a t p . 6 2 . T h e estimated population of t h e U n i t e d States grew from 5,486,000 in 1801 to 76,094,000 in 1900. See U . S . Bureau of the Census, Historical Statistics of the United States, Colonial Times to 1957 (Washington, D . C . , i960), p . 7. T h e estimated population of I n d i a b y contrast increased from 285,244,000 in 1901 to 305,623,000 in 1921. See Davis: Population of India and Pakistan, p p .
The bigger the size of the market, the lower the barriers to the entry of a new producer, the less depressed the money-market conditions after the grant of tariff protection, and the less the degree of dependence of an industry on a continuous growth of demand in the economy in general for profitable expansion, the greater in general will be the degree of dynamic efficiency of the protected industry as measured by the fall in its cost of production over time. Tariff protection may in fact create the conditions under which new investment eliminates pockets of inefficiency by the replacement of obsolete methods and the expulsion of badly-managed firms.