Rulers and Capital in Historical Perspective: State Formation and Financial Development in India and the United States (2017)
Chatterjee, Abhishek (Author)
Temple University Press
Physical Details: ix + 173; tables, references, notes, index
Language: English
Rulers and Capital in Historical Perspective explains why modern banking and credit systems emerged in the nineteenth century only in certain countries that then subsequently industrialized and became developed. Tracing the contemporaneous cases of India and the United States over time, Abhishek Chatterjee identifies the factors that were crucial to the development and regulation of a modern banking and credit system in the United States during the first third of the nineteenth century. He contrasts this situation with India’s, where the state never formally incorporated a sophisticated private credit system, and thus relegated it to the sphere of the informal economy. Chatterjee identifies certain features in both societies, often—though not always—associated with colonialism, that tended to restrict the formation of modern institutionalized money and credit markets. Rulers and Capital in Historical Perspective demonstrates thatnotwithstanding the many other differences between the North American colonies (prior to independence), and India, the same facets of their relationships with Great Britain prevented the emergence of a modern banking system in the two respective societies. (Amazon)
...MoreReview Chinmay Tumbe (Summer 2018) Review of "Rulers and Capital in Historical Perspective: State Formation and Financial Development in India and the United States". Business History Review (pp. 363-365).
Similar Citations
Book
Philippe Marguerat;
(2015)
Banques et grande industrie: France, Grande-Bretagne, Allemagne (1880–1930) [Banks and big industry: France, Britain, Germany (1880–1930)]
(/isis/citation/CBB394273110/)
Article
Nadkarni, Asha;
(2008)
“World-Menace”: National Reproduction and Public Health in Katherine Mayo's Mother India
(/isis/citation/CBB001030903/)
Article
Martin H. Welker;
Alison Foster;
Eric Tourigny;
(2023)
Pioneering Poultry: A Morphometric Investigation of Seventeenth- to Early Twentieth-Century Domestic Chickens (Gallus gallus) in Eastern North America
(/isis/citation/CBB987595068/)
Article
Breslau, Daniel;
(December 2013)
Designing a market-like entity: Economics in the politics of market formation
(/isis/citation/CBB008203841/)
Book
Juan Pablo Pardo-Guerra;
(2019)
Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets
(/isis/citation/CBB463429723/)
Article
Bo Hee Min;
Christian Borch;
(April 2022)
Systemic failures and organizational risk management in algorithmic trading: Normal accidents and high reliability in financial markets
(/isis/citation/CBB890038954/)
Article
Mircea Raianu;
(Autumn 2020)
Trade, Finance, and Industry in the Development of Indian Capitalism: The Case of Tata
(/isis/citation/CBB633976079/)
Book
Jeffrey Sklansky;
(2017)
Sovereign of the Market: The Money Question in Early America
(/isis/citation/CBB762518399/)
Book
Eric Lomazoff.;
(2018)
Reconstructing the National Bank Controversy: Politics and Law in the Early American Republic
(/isis/citation/CBB939927821/)
Book
Christopher W. Shaw;
(2019)
Money, power, and the people: the American struggle to make banking democratic
(/isis/citation/CBB553777340/)
Article
Atack, Jeremy;
Jaremski, Matthew;
Rousseau, Peter L.;
(2014)
American Banking and the Transportation Revolution before the Civil War
(/isis/citation/CBB001553000/)
Book
Christopher Kobrak;
Joe Martin;
(2018)
From Wall Street to Bay Street: The Origins and Evolution of American and Canadian Finance
(/isis/citation/CBB898988875/)
Book
Sharon Ann Murphy;
(2017)
Other People’s Money: How Banking Worked in the Early Republic
(/isis/citation/CBB182640253/)
Book
Levy, Jonathan;
(2012)
Freaks of Fortune: The Emerging World of Capitalism and Risk in America
(/isis/citation/CBB001421761/)
Book
Sharon Ann Murphy;
(2023)
Banking on slavery : financing Southern expansion in the antebellum United States
(/isis/citation/CBB708080904/)
Book
Charles R. Morris;
(2012)
The dawn of innovation : the first American Industrial Revolution
(/isis/citation/CBB761400802/)
Book
Messer, David W.;
Wrabel, Frank;
(2015)
Power Clash: PRR vs. B&O Motive Power and Passenger Traffic Competition 1827-1962
(/isis/citation/CBB747060684/)
Article
R.C. Kapoor;
Wayne Orchiston;
(2023)
Colonial astronomy as an element of Empire in British India
(/isis/citation/CBB770458313/)
Book
Pradip Thomas;
(2019)
Empire and Post-empire Telecommunications in India: A History
(/isis/citation/CBB919551516/)
Article
Wayne Orchiston;
R.C. Kapoor;
(2023)
Indian Initiatives to Establish 'Western’ Astronomical Observatories Prior to Independence. 1: The Aristocrats
(/isis/citation/CBB939617289/)
Be the first to comment!