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Published online by Cambridge University Press: 06 February 2025
The economic history of colonization of India is a contested field. Nationalist historiography emphasized the drain of wealth and deindustrialization. Imperialist historiography point to the globalization of the economy, construction of the railway network and access to the international capital market. This book brings together empirical evidence over four centuries to assess India’s long run development from 1600 and emphasizes the decline and stagnation in agriculture and the failure of colonial policy to increase productivity in this sector.
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