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India in the Rise of Britain and Europe: A Contribution to the Convergence and Great Divergence Debates

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  • Bhattacharya, Prabir

Abstract

This paper discusses the role of the British control of India in the rise of Britain and Europe as well as in the convergence in incomes within the Atlantic economy in the late nineteenth century. Britain was at the apex of the world economy throughout most of the nineteenth century. The paper argues that the emergence of Britain as the apex economic and political power depended on her control over India.This control of India then enabled Britain to pursue a set of policies that were of critical importance both for the convergence in incomes within the Atlantic economy and the rise of Europe. The thesis advanced here can be viewed, depending on one's prior position, as being either complementary to or alternative to the views of many of the protagonists of the divergence debate in the literature.

Suggested Citation

  • Bhattacharya, Prabir, 2019. "India in the Rise of Britain and Europe: A Contribution to the Convergence and Great Divergence Debates," MPRA Paper 97457, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:97457
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    References listed on IDEAS

    as
    1. Parthasarathi,Prasannan, 2011. "Why Europe Grew Rich and Asia Did Not," Cambridge Books, Cambridge University Press, number 9780521168243, October.
    2. Allen,Robert C., 2009. "The British Industrial Revolution in Global Perspective," Cambridge Books, Cambridge University Press, number 9780521868273, September.
    3. Taylor, Alan M. & Williamson, Jeffrey G., 1997. "Convergence in the age of mass migration," European Review of Economic History, Cambridge University Press, vol. 1(1), pages 27-63, April.
    4. Javier Cuenca Esteban, 2001. "The British balance of payments, 1772-1820: India transfers and war finance[The author]," Economic History Review, Economic History Society, vol. 54(1), pages 58-86, February.
    5. Daron Acemoglu & Simon Johnson & James Robinson, 2005. "The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth," American Economic Review, American Economic Association, vol. 95(3), pages 546-579, June.
    6. Carol H. Shiue & Wolfgang Keller, 2007. "Markets in China and Europe on the Eve of the Industrial Revolution," American Economic Review, American Economic Association, vol. 97(4), pages 1189-1216, September.
    7. Andre Gunder Frank, 1978. "Dependent Accumulation and Underdevelopment," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-16014-3, December.
    8. Williamson, Jeffrey G., 1996. "Globalization, Convergence, and History," The Journal of Economic History, Cambridge University Press, vol. 56(2), pages 277-306, June.
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    10. Parthasarathi,Prasannan, 2011. "Why Europe Grew Rich and Asia Did Not," Cambridge Books, Cambridge University Press, number 9781107000308, October.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    India; Britain; rise of Europe; incomes; convergence; divergence;
    All these keywords.

    JEL classification:

    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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