A Study of Economic impact of British colonial rule
Keywords:
economic, policies, traditional, political, colonial, settlement, underdevelopmentAbstract
The British ruler's new land system also had a significant effect on the Indian economy. During the reign of the East India Company, the corporate administrations levied excessive rates on land revenues and thus achieved higher land returns. The British Government subsequently implemented the land settlement in 1793. In Bengal and other neighbouring regions, permanent settlement was established and eventually spread to other states. This settlement led to the establishment of zamindar systems, in which the zamindar collection and transfer of land income to the British authorities was carried out.
References
Acemoglu, D, S Johnson and J A Robinson (2001), “The Colonial Origins of Comparative Development: An Empirical Investigation”, American Economic Review, 91, 1369-1401.
Acemoglu, D, S Johnson and J A Robinson (2002), “Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution”, Quarterly Journal of Economics, 118, 1231-1294.
Acemoglu, D, S Johnson and J A Robinson (2005), “The Rise of Europe: Atlantic Trade, Institutional Change and Economic Growth”, American Economic Review, 95, 546-579.
Acemoglu, D and J Robinson (2012), Why Nations Fail, New York: New York.
Dell, M (2010), “The Persistent Effects of Peru’s Mining Mita”, Econometrica, 78, 1863-1903.
Putnam, R H (with R Leonardi and R Y Nanetti ) (1994) Making Democracy Work, Princeton: Princeton University Press.
R. A. Huttenback, The British Imperial Experience (1966);
J. A. Williamson, A Short History of British Expansion (2 vol., 6th ed. 1967);
C. E. Carrington, The British Overseas (2d ed. 1968);
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.