G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15431
DP15431 Measuring Colonial Extraction: The East India Company’s Rule and the Drain of Wealth (1757-1858)
Pilar Nogues-Marco
发表日期2020-11-06
出版年2020
语种英语
摘要This paper revisits the relationship between capitalism and colonialism by examining the case of British India under East India Company rule (1757-1858). The Marxist-nationalist historiography claims that colonialism generated a steady drain of wealth and that this drain was responsible for Indian famines, poverty, inequality, and economic retardation. I use the East India Company budgets to measure the extent of the wealth that was drained through three direct channels: oppressive land taxes, unproductive expenditures on the imperial army and civil administration, and the unrequited export of commodities from India to Britain. I conclude that available figures lend empirical support to the Marxist interpretation. There was a drain of wealth, and its effect on the underdevelopment of former European colonies deserves further research.
主题Economic History
关键词India Colonialism Drain of wealth East india company Marxism
URLhttps://cepr.org/publications/dp15431
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544422
推荐引用方式
GB/T 7714
Pilar Nogues-Marco. DP15431 Measuring Colonial Extraction: The East India Company’s Rule and the Drain of Wealth (1757-1858). 2020.
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