Hostname: page-component-76fb5796d-5g6vh Total loading time: 0 Render date: 2024-04-27T16:25:15.393Z Has data issue: false hasContentIssue false
  • English
  • Français

India's International Economy in the Nineteenth Century: An Historical Survey1

Published online by Cambridge University Press:  28 November 2008

K. N. Chaudhuri
Get access Rights & Permissions [Opens in a new window]

Extract

This paper stems from a dissatisfaction with the present state of historical writings on India's international economy in the nineteenth century. While the task of reducing the mass of literature available on the subject to a coherent and meaningful survey is a difficult and perhaps not a very fruitful exercise, it is rather easier to understand why such writings on Indian economic history in general and trade history in particular have remained confused and often internally contradictory.

Type
Articles
Information
Modern Asian Studies , Volume 2 , Issue 1 , January 1968 , pp. 31 - 50
Copyright
Copyright © Cambridge University Press 1968

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

2 Dutt, R. C., The Economic History of India in the Victorian Age, London, 1906, p. xiv.Google Scholar

3 Ibid., p. 535.

4 Cf. Chaudhuri, K. N., ‘The East India Company and the export of treasure in the early seventeenth century’, in Economic History Review, 2nd series, 16, 1963, p. 27.CrossRefGoogle Scholar

5 Cf. Chaudhuri, K. N., ‘India's foreign trade and the cessation of the East India Company's trading activities’, in Economic History Review, 2nd series 19, 1966, p. 347.Google Scholar

6 See Prinsep, G. A., Remarks on the External Commerce and Exchange of Bengal, London, 1823.Google Scholar

7 On this point see Morris, Morris D., ‘Towards a reinterpretation of nineteenth century Indian economic history’, Journal of Economic History, 23, 1963, p. 613.CrossRefGoogle Scholar

8 Select Committee on the East India Company's Relief, Parliamentary Papers, 1840, VII (353), QQ. 1310, 3915–20.Google Scholar

9 Crawfurd, John, Sketch of the commercial resources and monetary and mercantile system of British India, London 1837, p. 26.Google Scholar

10 Report of the Indian Famine Commission, 1880, p. 1.Google Scholar

11 Jenks, L. J., The migration of British capital to 1875, London and New York, reprint 1963, p. 227;Google ScholarThorner, D., ‘The pattern of railway development in India’, Far Eastern Quarterly, 14, 1955, p. 214;CrossRefGoogle ScholarRay, P., India's Foreign Trade since 1870, London 1934, p. 37.Google Scholar

12 Kindleberger, Charles, ‘Foreign trade and economic growth’, in Economic History Review, 14, 1961, p. 289;CrossRefGoogle ScholarForeign Trade and the National Economy, New Haven and London, 1962, p. 104.Google Scholar

13 Cf. Chandra, Bipan, The Rise and Growth of Economic Nationalism in India, New Delhi, 1966, p. 58.Google Scholar

14 Stolper, and Samuelson, , ‘Protection and Real Wages’, in Review of Economic Studies, 1941, also printed in Readings in the theory of International Trade, The American Economic Association, London, 1961.Google Scholar

15 Campbell, J. M., District Gazette Nasik, 1880, pp. 142–4.Google Scholar

16 Kindleberger, , op. cit., Economic History Review, 2nd series, 14, 1961.CrossRefGoogle Scholar

17 Kindleberger, , ‘Group Behaviour and International Trade’, Journal of Political Economy, 59, 1951.CrossRefGoogle Scholar For the tariff question, see Saul, S. B., Studies in British Overseas Trade, Liverpool, 1960, p. 198.Google Scholar

18 The Indian Economist, 11 October 1869, p. 80.Google Scholar

19 Marriot, W. F., ‘Indian Political Economy and Finance’, India Office Library, East India Tracts, Vol. 503.Google Scholar

20 Cf. Chaudhuri, K. N., op. cit., Economic History Review, 2nd series, 19, 1966.Google Scholar

21 S.C. on the East India Company's Relief, Parliamentary Papers, 1840, VII, QQ. 1441–44; see also the evidence of Charles Trevelyan, ibid., p. v.

22 S.C. on the East India Company's Relief, Parliamentary Papers, 1840, VII, QQ. 1441–44; see also the evidence of Charles Trevelyan, ibid., p. v.

23 For figures of exports and imports for this period, see Took, T. and Newmarch, W.A History of Prices, London, 1857, Appendix XXIII, pp. 712–36;Google ScholarAtkinson, F. J., ‘Silver prices in India’, in Journal of the Royal Statistical Society, 1897.CrossRefGoogle Scholar

24 For Naoroji's various writings, see Povery and Un-British Rule in India, new Edition, Delhi, 1962;Google Scholar for a general discussion of the drain controversy, see McLane, J. R., ‘The drain of wealth and Indian Nationalism at the turn of the century’, in Tapan Raychaudhuri, Contributions to Indian Economic History, Calcutta, 1963, Vol. II.Google Scholar

25 Bipan Chandra, op. cit., p. 661.Google Scholar

26 Dutt, op. cit., p. xiv.Google Scholar

27 SirMorison, Theodore, The Economic Transition in India, London, 1911, ch. 8, ix.Google Scholar

28 Kindleberger, op. cit., p. 195.Google Scholar

29 For a discussion of the theoretical problems and the bibliography see Johnson, H. G., International trade and Economic Growth, London, 1958, Part II;Google ScholarMatthews, R. C. O., A Study in Trade Cycle History, Cambridge, 1954, ch. I and 9.Google Scholar

30 Professor Johnson's discussion of the problem is confined to the correction of a possible deficit since the emergence of a balance of payment surplus does not normally raise pressing problems of policy, Johnson, op. cit.

31 Ganguli, B. N., Dadabhai Naoroji and the Drain Theory, Bombay, 1965, p. 16.Google Scholar

32 Kindleberger, op. cit., Myint, H., ‘The “Clasical Theory” of International Trade and the Underdeveloped Countries’, in Economic Journal, 1958, pp. 317–37.CrossRefGoogle Scholar

33 SirMunro, Thomas, ‘Condition of Salem’, in Selections from his Minutes and other Official Writings, edited by Arbuthnot, Alexander J., London, 1881, Vol. I.Google Scholar

34 Saul, op. cit., ch. 5.

35 Keynes, J. M., Indian currency and finance, London, 1913.Google Scholar

36 S.C. on the East India Company's Relief, Parliamentary Papers, 1840, VII, p. v.Google Scholar

37 See Saul, op. cit.; Ray, op. cit., p. 183.

38 Report of the Indian Tariff Board (Cotton Textile Industry Enquiry, 1927), Bombay, 1927, Vol. I, Report, p. 95.Google Scholar

39 Cf. Datta, K. L., Report on Rise of Prices and Wages in India, Calcutta, 1914, Vol. I.Google Scholar