ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Historical Roots of Mass Poverty in South Asia-A Hypothesis

A Hypothesis Tapan Raychaudhuri The contemporary phenomenon of underdevelopment is not a continuation of the traditional economic order of pre-modern times. The patterns of economic organisation and levels of economic performance in the traditional societies of Asia, before they were enmeshed into the international economy created by first the merchant and later the industrial capitalism of western Europe, were significantly different from their contemporary counterparts.

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