Capital shortage : credit and Indian economic development, 1920-1960
Author(s)
Bibliographic Information
Capital shortage : credit and Indian economic development, 1920-1960
（Cambridge studies in economic history）
Cambridge University Press, 2023
- : hardback
Available at / 1 libraries
-
No Libraries matched.
- Remove all filters.
Note
Includes bibliographical references (p. 217-235) and index
Contents of Works
- Introduction
- Agriculture, Commerce and Governance in the Longue Durée
- Climate and Credit
- Courts and Credit
- Regulating Moneylenders
- Regulating Cooperatives
- Credit after 1960
- Conclusion
Description and Table of Contents
Description
The great majority of the population in colonial and postcolonial India lived in the countryside and were poor. Many were unable to find gainful work outside agriculture and remained dependent on a livelihood that provided only subsistence, and a precarious one. Seeking the roots of persistent poverty, Maanik Nath finds that the pervasive high cost and shortage of capital affected the peasant's ability to invest in land. The productivity of land, as a result, remained small and changed little. Bridging economic theory and historical evidence, Capital Shortage shows that climate, law, policy design, and interactions between these factors, perpetuated a stubborn cycle of low investment and widespread deprivation over several decades. These findings can be tested against credit and development in preceding and succeeding periods as well as positioned in comparative global context.
Table of Contents
- 1. Introduction
- 2. Agriculture, commerce and governance in the Longue Duree
- 3. Climate and credit
- 4. Courts and credit
- 5. Regulating moneylenders
- 6. Regulating cooperatives
- 7. Credit after 1960
- 8. Conclusion
- Epilogue: risk and regulation across colonial India.
by "Nielsen BookData"
