Introduction: the "early modern" in Indian economic history -- Formation of new states -- Consequences of state formation : colonialism, public goods, and institutions -- The agrarian order -- Conditions of business -- Towns -- Levels of living -- Conclusion

The essays in this volume are written by leading economists working on the Indian economy. They collectively emphasize the importance of policies and institutions for sustained growth and poverty reduction, stressing that the success of sector-specific policies is vitally dependent on the nature...