Aniruddha Bagchi is an Associate Professor of Economics at the Coles College of Business, Kennesaw State University, GA, USA. He received his Ph.D. in Economics from Vanderbilt University. Aniruddha’s research is primarily in Industrial Economics. In particular, he is interested in examining the processes and institutions that encourage innovative activity. He has also written on the effect of regulation and economic outcomes. His work has appeared in journals such as Canadian Journal of Economics and Southern Economic Journal. Some of his work is inter-disciplinary in nature (such as in Industrial Engineering) and has appeared in International Journal of Production Economics. Recently, he has also started diversifying into issues relating to Law Enforcement and Homeland Security. Aniruddha teaches Microeconomics at the M.B.A. and B.B.A. levels at Kennesaw State University.
Why did the Indian economy stagnate under the colonial rule?
16 Sep 2013
How did the Indian economy fare under the colonial rule? Is the average Indian significantly better off after Independence? This column examines trends in GDP per capita in order to determine the standard of living in India under the British rule. It also explores the possible causes of stagnation in the Indian economy for about two centuries between 1750 and independence.
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