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1 results

  • 4 - Regress

  • Maria Bach, Université de Lausanne, Switzerland
  • Book:
    Relocating Development Economics
    Published online:
    05 December 2024
    Print publication:
    12 December 2024, pp 77-101

  • Summary

    Since India had been controlled by the British, it regressed to a lower stage. Poverty had been a lived reality for Indians, including for some of the Indian economists, since the late seventeenth century. International trade networks were disrupted by economic crisis and wars. Meanwhile, the Indian subcontinent was experiencing some of the most severe famines in its history. The Indian economists felt these crises sweeping their cities and villages. In particular, Dadabhai Naoroji and Romesh Chunder Dutt would spend most of their adult lives examining the regress that they saw in India. They would explore how it could be measured, how it varied from region to region, and its causes.