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India is an emerging giant. This book explains its long economic stagnation and recent rise by examining its social, political and historical evolution in long term perspective. It explains how its distinct social system based on caste arose and why it still is of importance in its political and social arrangements, despite India's recent move from the plan to market.
Introduction ; 1. The Pre-colonial Millennia, 1500 BC - AD 1757 ; 2. Hindu India ; 3. An Economic Rationale for the Hindu Social System ; 4. Muslim India ; 5. The Colonial Centuries, AD 1757 - 1947 ; 6. The Economy under the Raj, I: Overall Trends ; 7. The Economy under the Raj, II: Rural Development ; 8. The Economy under the Raj, III: Trade and Industry ; 9. The Evolution of Labour Markets ; 10. The Effects and Legacy of the Raj