Five Centuries of Economic Growth in India: The Institutions Perspective

Sambit Bhattacharyya

MPRA Paper from University Library of Munich, Germany

Abstract: In this essay I present an analytical growth narrative of India since the sixteenth century. I argue that post independence economic performance is not entirely decoupled from the growth experiences in India during the Mughal and the colonial periods. Institutions perhaps play a key role in explaining economic performance over these periods. I present an analytical framework to understand how institutional change and other deep factors may have influenced economic performance in India during the pre-modern period, de-industrialisation in the eighteenth and nineteenth centuries, and post independence ‘Hindu Growth’ and boom. I argue that useful insights can be drawn by studying growth history of India in its entirety.

Keywords: Institutions; Economic Development (search for similar items in EconPapers)
JEL-codes: N0 O1 (search for similar items in EconPapers)
Date: 2011-02-09
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Citations: View citations in EconPapers (1)

Published in The Routledge Handbook of South Asian Economics (2011): pp. 32-43

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