Capital shortage: credit and Indian economic development, 1920-1960
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 pover...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge, United Kingdom ; New York, NY
Cambridge University Press
2023
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| Series: | Cambridge studies in economic history
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| Subjects: | |
| Online Access: | BSB01 UBG01 Volltext |
| Summary: | 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 |
| Item Description: | Title from publisher's bibliographic system (viewed on 08 Sep 2023) Introduction -- Agriculture, Commerce and Governance in the Longue Dur ee -- Climate and Credit -- Courts and Credit -- Regulating Moneylenders -- Regulating Cooperatives -- Credit after 1960 -- Conclusion |
| Physical Description: | 1 Online-Ressource (viii, 239 Seiten) |
| ISBN: | 9781009359023 |
| DOI: | 10.1017/9781009359023 |
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| 520 | |a 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 | ||
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| discipline | Wirtschaftswissenschaften |
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| geographic | India / Economic conditions / 20th century |
| geographic_facet | India / Economic conditions / 20th century |
| id | DE-604.BV049513475 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T23:23:32Z |
| indexdate | 2024-07-10T10:09:24Z |
| institution | BVB |
| isbn | 9781009359023 |
| language | English |
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| oclc_num | 1422376149 |
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| physical | 1 Online-Ressource (viii, 239 Seiten) |
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| publishDate | 2023 |
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| publisher | Cambridge University Press |
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| series2 | Cambridge studies in economic history |
| spelling | Nath, Maanik 1991- (DE-588)1300933461 aut Capital shortage credit and Indian economic development, 1920-1960 Maanik Nath Cambridge, United Kingdom ; New York, NY Cambridge University Press 2023 1 Online-Ressource (viii, 239 Seiten) txt rdacontent c rdamedia cr rdacarrier Cambridge studies in economic history Title from publisher's bibliographic system (viewed on 08 Sep 2023) Introduction -- Agriculture, Commerce and Governance in the Longue Dur ee -- Climate and Credit -- Courts and Credit -- Regulating Moneylenders -- Regulating Cooperatives -- Credit after 1960 -- Conclusion 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 Rural credit / India / History / 20th century Credit / India / History / 20th century Economic development / India / History / 20th century India / Economic conditions / 20th century Erscheint auch als Druck-Ausgabe 978-1-009-35907-8 Erscheint auch als Druck-Ausgabe 978-1-009-35904-7 https://doi.org/10.1017/9781009359023 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Nath, Maanik 1991- Capital shortage credit and Indian economic development, 1920-1960 Rural credit / India / History / 20th century Credit / India / History / 20th century Economic development / India / History / 20th century |
| title | Capital shortage credit and Indian economic development, 1920-1960 |
| title_auth | Capital shortage credit and Indian economic development, 1920-1960 |
| title_exact_search | Capital shortage credit and Indian economic development, 1920-1960 |
| title_exact_search_txtP | Capital shortage credit and Indian economic development, 1920-1960 |
| title_full | Capital shortage credit and Indian economic development, 1920-1960 Maanik Nath |
| title_fullStr | Capital shortage credit and Indian economic development, 1920-1960 Maanik Nath |
| title_full_unstemmed | Capital shortage credit and Indian economic development, 1920-1960 Maanik Nath |
| title_short | Capital shortage |
| title_sort | capital shortage credit and indian economic development 1920 1960 |
| title_sub | credit and Indian economic development, 1920-1960 |
| topic | Rural credit / India / History / 20th century Credit / India / History / 20th century Economic development / India / History / 20th century |
| topic_facet | Rural credit / India / History / 20th century Credit / India / History / 20th century Economic development / India / History / 20th century India / Economic conditions / 20th century |
| url | https://doi.org/10.1017/9781009359023 |
| work_keys_str_mv | AT nathmaanik capitalshortagecreditandindianeconomicdevelopment19201960 |