Trade and Industry I: India

Tirthankar Roy
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Tirthankar Roy: LSE

Chapter 8 in The Economy of South Asia, 2017, pp 183-214 from Palgrave Macmillan

Abstract: Abstract The expansion in the capacity of the states to spend on development was directed to industrialization in India. This is well known, much less well known is the fact that in the process of pursuing heavy industrialization, India repressed an established system of long-distance trade. The rest of South Asia had a rather more benign attitude to trade, though shared India’s enthusiasm for industrialism. The push for industrialization, the costs of that strategy, and its unravelling from the 1980s are explored in this chapter.

Date: 2017
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DOI: 10.1007/978-3-319-54720-6_8

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