Rural Credit in Western India 1875–1930

Rural Credit in Western India 1875–1930
Author: I. J. Catanach
Publisher: Univ of California Press
Total Pages: 282
Release: 2023-04-28
Genre: Business & Economics
ISBN: 0520327829

This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1970.

Peasants, Famine and the State in Colonial Western India

Peasants, Famine and the State in Colonial Western India
Author: D. Hall-Matthews
Publisher: Springer
Total Pages: 287
Release: 2005-06-01
Genre: History
ISBN: 0230510515

Recent literature has suggested that famines are complex, long-drawn-out and political processes, rather than sudden, natural phenomena. This book is among the first to examine such a process in detail, by studying poor peasants in Ahmednagar district, Western India, between 1870 and 1884. It does so by investigating their factors of production - land, capital and labour - as well as markets in credit and the cheap foodgrains they produced and, above all, their relationship with the colonial state.

Capital Shortage

Capital Shortage
Author: Maanik Nath
Publisher: Cambridge University Press
Total Pages: 249
Release: 2023-07-31
Genre: Business & Economics
ISBN: 1009359053

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.

Raising Cane

Raising Cane
Author: Donald W. Attwood
Publisher: Routledge
Total Pages: 362
Release: 2019-09-16
Genre: Political Science
ISBN: 100030891X

Like any book, this one is part of a dialogue. Over the years, I have asked thousands of questions, of myself and others, and tried to answer some. Out of all this discussion, a written pattern has grown. It is certainly not a definitive pattern. Among those whose words have been woven into it, there are many who might have fashioned it better. There are some who would have selected different colors and textures, or who might have preferred a totally different pattern. I am conscious of their voices and wish that I could adequately present them all. First and foremost are the voices of farmers and other villagers, whose experiences I have tried to understand and represent. A few of them will read this book and decide whether I learned anything from all their patient answers. If they were so inclined, they could tell more about the subject than I ever can.

The Myth of the Lokamanya

The Myth of the Lokamanya
Author: Richard I. Cashman
Publisher: Univ of California Press
Total Pages: 258
Release: 2024-06-14
Genre: History
ISBN: 0520414853

Lokamanya (revered leader) Bal Gangadhar Tilak (1856 - 1920), the extremist politician of Maharashtra, a region of western India, was one of the first Congress Party leaders to adopt the strategy of mass politics. Interpretations of his role and his achievement differen greatly. Some historians depict Tilak as India's first mass politician who was a creative nationalist myth-maker; other suggest that he was an opportunist who manipulated politics for selfish, elitist purposes. With an eye to resolving these conflicting opinions, Cashman related Tilak's ideology to his political organization. the author concentrates on four mass movements, studying the Lokamanya when he was engaged in political action and comparing his public statements with his political tactics. This approach provides a means of examining the manner in which Tilak redefined myths and of assessing the value of myths for purposes of political mobilization. Cashman suggests deficiencies in previous interpretations of Tilak. Arguing that the limitations of the mass movements need not be explained by the inadequacies of myths, he demonstrates that instead they reflected the transitional state of Maharashtraian society, which lacked a broad consensus. Tilak was active at a time when there was no common goal, no broader objective, in which sectional interests might be subsumed. He symbolized the uncertain striving of his society for some new direction, whose nature was yet unknown. He did not create the myth of the Lokamanya or the ideology of nationalism but, responding to social and political pressures, became a prisoner of the myths. Much writing of Indian history has been influenced either by a narrow ideological approach or by a retreat to arithmetical pragmatism. Cashman attempts to restore a balance by reexamining the relationship of myth to politics. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1975.

Debt, Trust, and Reputation

Debt, Trust, and Reputation
Author: Sebastian Schwecke
Publisher: Cambridge University Press
Total Pages: 388
Release: 2022-06-16
Genre: Business & Economics
ISBN: 1009082043

Starting in the late nineteenth century, colonial rule in India took an active interest in regulating financial markets beyond the bridgeheads of European capital in intercontinental trade. Regulatory efforts were part of a modernizing project seeking to produce alignments between British and Indian business procedures, and to create the financial basis for incipient industrialization in India. For vast sections of Indian society, however, they pushed credit/debt relations into the realm of extra-legality, while the new, regulated agents of finance remained incapable (and unwilling) of serving their needs. Combining historical and ethnographic approaches, the book questions underlying assumptions of modernization in finance that continue to prevail in postcolonial India, and delineates the socioeconomic responses they produced, and studies the reputational economies of debt that have emerged instead – extra-legal markets embedded into communication flows on trust and reputation that have turned out to be significantly more exploitative than their colonial predecessors.

Law and the Economy in a Young Democracy

Law and the Economy in a Young Democracy
Author: Tirthankar Roy
Publisher: University of Chicago Press
Total Pages: 309
Release: 2022-02-08
Genre: Business & Economics
ISBN: 022679914X

An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.

Law and Long-Term Economic Change

Law and Long-Term Economic Change
Author: Debin Ma
Publisher: Stanford University Press
Total Pages: 385
Release: 2011-06-06
Genre: Business & Economics
ISBN: 0804777616

Recently, a growing body of work on "law and finance" and "legal origins" has highlighted the role of formal legal institutions in shaping financial institutions. However, these writings have focused largely on Europe, neglecting important non-Western traditions that prevail in a large part of the world. Law and Long-Term Economic Change brings together a group of leading scholars from economics, economic history, law, and area studies to develop a unique, global and, long-term perspective on the linkage between law and economic change. Covering the regions of Western Europe, East and South Asia, and the Middle East, the chapters explore major themes regarding the nature and evolution of different legal regimes; their relationship with the state or organized religion; the definition and interpretation of ownership and property rights; the functioning of courts, and other mechanisms for dispute resolution and contract enforcement; and the complex dynamics of legal transplantations through processes such as colonization. The text makes clear that the development of legal traditions and institutions—as embodiments of cultural values and norms—exerts a strong effect on long-term economic change. And it demonstrates that a good understanding of legal origins around the world enriches any debate about Great Divergence in the early modern era, as well as development and underdevelopment in 19th-20th century Eurasia.