A Business History of India: Enterprise and the Emergence of Capitalism from 170

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In recent decades, private investment has led to a resurgence of capitalism in India. The nation has experienced other episodes of business growth in the past, which, Roy argues, share similarities to today. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks.

FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description

In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.

Author Biography

Tirthankar Roy is a Professor of Economic History at the London School of Economics. He has published widely on South Asian history, global history, empires, and environmental history. His publications include The Economy of South Asia: From 1950 to the Present (2017) and India in the World Economy from Antiquity to the Present (Cambridge, 2012).

Table of Contents

Preface; List of figures; List of tables; List of maps; List of boxes; 1. Introduction; 2. The baseline at 1700; 3. Indian Ocean sphere, 1700–1850; 4. Capital and empire, 1850–1930: trade and finance; 5. Capital and empire, 1850–1930: industry; 6. State and industrialization, 1930–1950; 7. State and industrialization, 1950–1980; 8. Revival, 1980–2000; 9. Capital and globalization, 2000–2015; 10. Conclusion; References; Index.

Review

'Roy has written a book of stunning intellectual ambition. He provides a brilliant synthesis of the long-run development of Indian capitalism, but more importantly still offers a compelling explanatory framework which shows how the changing roles of the global economy and the state influenced access to capital and knowledge'. Geoffrey Jones, Isidor Straus Professor of Business History, Harvard Business School, Massachusetts'This book is a sweeping study of Indian business history from the eighteenth century to the present. A Business History of India provides an invaluable analytical perspective that elucidates the structure of both Indian and multinational firms in the past and changing business environments … Highly readable … would be a superb text in any course on Indian business/economy'. Douglas E. Haynes, Dartmouth College, New Hampshire'This fascinating book weaves the intricate details of Indian business history into the backdrop of changing policies, governments and international contexts. An unusual and exciting contribution to economic and business history.' Bishnupriya Gupta, University of Warwick'… this book is rooted in a balancing of knowledge of primary sources and the author's past research with wide-ranging secondary scholarship.' J. Lally, The English Historical Review

Promotional

Studying firms and entrepreneurs over three centuries, this book unravels the historical roots of the impressive business growth witnessed in contemporary India.

Review Quote

Advance praise: 'This fascinating book weaves the intricate details of Indian business history into the backdrop of changing policies, governments and international contexts. An unusual and exciting contribution to economic and business history.' Bishnupriya Gupta, University of Warwick

Promotional "Headline"

Studying firms and entrepreneurs over three centuries, this book unravels the historical roots of the impressive business growth witnessed in contemporary India.

Description for Bookstore

In recent decades, private investment has led to a resurgence of capitalism in India. The nation has experienced other episodes of business growth in the past, which, Roy argues, share similarities to today. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks.

Description for Library

In recent decades, private investment has led to a resurgence of capitalism in India. The nation has experienced other episodes of business growth in the past, which, Roy argues, share similarities to today. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks.

Details ISBN1316637484 Author Tirthankar Roy Pages 310 Publisher Cambridge University Press Year 2018 ISBN-10 1316637484 ISBN-13 9781316637487 Format Paperback Imprint Cambridge University Press Place of Publication Cambridge Country of Publication United Kingdom Affiliation London School of Economics and Political Science Subtitle Enterprise and the Emergence of Capitalism from 1700 DEWEY 330.954 Media Book Publication Date 2018-04-05 Short Title A Business History of India Language English UK Release Date 2018-04-05 AU Release Date 2018-04-05 NZ Release Date 2018-04-05 Illustrations Worked examples or Exercises; 7 Tables, black and white; 3 Maps; 16 Halftones, black and white; 11 Line drawings, black and white Alternative 9781107186927 Audience Professional & Vocational We've got this

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