Why did the Indian economy stagnate under the colonial rule?
Document Type
Article
Department
Economics, Finance and Quantitative Analysis
Publication Date
9-16-2013
Abstract
How did the Indian economy fare under the colonial rule? Is the average Indian significantly better off after Independence? This column examines trends in GDP per capita in order to determine the standard of living in India under the British rule. It also explores the possible causes of stagnation in the Indian economy for about two centuries between 1750 and independence.
Journal
Ideas for India
COinS