The Hindu Equilibrium

Deepak Lal is James S. Coleman Professor of International Development Studies at the University of California at Los Angeles and Professor Emeritus of Political Economy at the University College London. He has been Professor of Political Economy at the University of London and has served as a consultant to the ILO, UNCTAD, OECD, UNIDO, the World Bank, and the ministries of planning in Korea and Sri Lanka. Professor Lal is the author of numerous articles and books on economic development and public policy.

Review from previous edition [India in the World Economy is] a fascinating volume to be read by everyone who wants to understand the country and ask: where is India going? ... Some chapters succeed better than others. All of them, however, contain deep analysis that displays a master at work.

• Introduction ; 1. The Pre-colonial Millennia, 1500 BC - AD 1757 ; 2. Hindu India ; 3. An Economic Rationale for the Hindu Social System ; 4. Muslim India ; 5. The Colonial Centuries, AD 1757 - 1947 ; 6. The Economy under the Raj, I: Overall Trends ; 7. The Economy under the Raj, II: Rural Development ; 8. The Economy under the Raj, III: Trade and Industry ; 9. The Evolution of Labour Markets ; 10. The Effects and Legacy of the Raj