The Economic Development of India Under the East India Company 1814-58: A Selection of Contemporary Writings
K. N. Chaudhuri
Cambridge University Press, Aug 26, 2010 - Business & Economics - 319 pages
This 1971 volume brings together a number of tracts on problems of India's economic development, particularly in relation to the changes taking place in her international trade. The first half of the nineteenth century was a period of important economic transition for India. A vital aspect of it was the rapid expansion in the volume and value of Indian foreign trade, accompanied by fundamental structural changes, which transformed the old eighteenth-century mercantile pattern of India's trade with the West into a system based on an exchange of primary commodities for finished manufactured goods. The papers reprinted here illustrate first the quantitative aspects of Indian trade in this period, and secondly its institutional and policy features. The editor provides a full introduction and tables of statistics.
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advance Agency Houses amount annual annum augmentation average balance balance of trade bank Bengal bills Bombay Britain British India bullion bullion imports Calcutta Canton capital cent charges coin commercial commodities Company's considerable consumption cotton crore currency Custom-house debt demand ditto East India Company economic England establishments estimate Europe European exports extent favour fluctuations foreign trade France freight funds gold grains Hindostan increase India and China Indian trade indigo industry interest investment invoice labour lakhs London Madras manufactures maunds Mauritius means ment mercantile merchandise merchants metals millions sterling Mlns monopoly native opium Palmer payment Pegu Penang period Persian Persian Gulf piece-goods population ports present Prinsep probably produce profits quantity rate of exchange remittance revenue Saltpetre sicca rupee silk South Wales speculation square miles sugar supply supposed surplus Sycee Table Total treasury United Kingdom valuation Vide Appendix whole