Speaking of the Raj Eternal
Aug. 21st, 2007 02:56 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
Does anyone have a good source for the economic growth rates across the subcontinent between, oh, 1756 and the present day?
One of the things the British Empire managed to pull off was to convert India from one of the richest regions on Earth to one of the poorest. As I understand it, what happened was that economic growth in India basically ground to a near-halt while the British were running things [1] while growth rates in portions of the rest of the planet increased. Is my understanding correct?
1: Ritual admission that the Indians also managed dismal growth for the first few decades of independence, although this has changed.
One of the things the British Empire managed to pull off was to convert India from one of the richest regions on Earth to one of the poorest. As I understand it, what happened was that economic growth in India basically ground to a near-halt while the British were running things [1] while growth rates in portions of the rest of the planet increased. Is my understanding correct?
1: Ritual admission that the Indians also managed dismal growth for the first few decades of independence, although this has changed.