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Full Description
This 1971 volume brings together a number of tracts on problems of India's economic development, particularly in relation to the changes taking place in her international trade. The first half of the nineteenth century was a period of important economic transition for India. A vital aspect of it was the rapid expansion in the volume and value of Indian foreign trade, accompanied by fundamental structural changes, which transformed the old eighteenth-century mercantile pattern of India's trade with the West into a system based on an exchange of primary commodities for finished manufactured goods. The papers reprinted here illustrate first the quantitative aspects of Indian trade in this period, and secondly its institutional and policy features. The editor provides a full introduction and tables of statistics.
Contents
Note on Indian currency and weights; Introduction and statistical appendix; 1. George Alexander Prinsep, remarks on the external commerce and exchanges of Bengal, with appendix of accounts and estimates (1823); 2. Thomas Tooke, a history of prices, and of the State of the circulation during the nine years (1848-56), volume VI (1857), appendix XXIII; 3. John Horsley Palmer, minutes of evidence taken before the Select Committee on the affairs of the East India Company, 16 March 1832; 4. John Crawfurd, a sketch of the commercial resources and monetary and mercantile system of British India, with suggestions for their improvement, by means of banking establishments (1837); Index.
