This book, the first of two volumes, explores India’s economic development from 5000BC through to the India’s independence period from 1947AD to 2022AD. The specific characteristics of economic development in India are examined to help determine development paths India can pursue to create sustainable development in the 21st century. The transition from the primary section to the secondary sector, through the process of industrialisation and in turn the move towards the services sector, is discussed in relation to climate change and the pressure on resources posed by population growth. This book aims to contextualise India’s economic development within the political economy of trade, sustainable development and culture with a particular focus on the institutions that have emerged in the Indian sub-continent since 5000BC. It will be relevant to students and researchers interested in economic history, development economics, and the political economy.

The return of the Taliban has undermined EU external action, reversed twenty years of state-building efforts and represents the most significant failure of EU foreign policy to date. Drawing on over 100 hours of interviews with key actors and an in-depth examination of the EU’s state-building efforts, this book offers unparalleled insights into the complex interplay between transatlantic relations and the resurgence of the Taliban. It critically evaluates the EU's strategies, advocating for a nuanced, historically informed approach to international relations. Indispensable for academics, policy makers and anyone vested in the intricacies of foreign interventions in an ever-complex global environment.

This book examines the economic and political rise of China from the perspective of Japan’s economic development. Beginning with Japan’s rise to statehood in the Kamakura Period (1185 to 1333) and detailing the evolution of its economy through to 2018, parallels are drawn with the economic development of China. Many of the challenges Japan faced in the first decades of the 20th century, including nationalism, militarism, income disparities, social deprivation, and economic crisis are applicable to modern day China. China’s Economic Rise: Lessons from Japan’s Political Economy aims to detail the possible economic and political upheavals that could accompany the slowing of the Chinese economy from the experience of Japan. The book will be of interest to researchers and students in Political Economy, Economic History, Economic Transition, and Development Economics. The book supplements the other publications of the author: China’s Lessons for India: Volume 1 – The Political Economy of Development, China’s Lessons for India: Volume 2 – The Political Economy of Change and The Rise of Empires: The Political Economy of Innovation.

This book describes and evaluates how institutional innovation and technological innovation have impacted on humanity from pre-historical times to modern times, and how societies have been transformed in history. The author interrogates the relationship between innovation and civilisation -– particularly the dynamic whereby innovation leads to empire-building -– and explores innovation efforts that stimulated economic and social synergies from the Babylonian Empire in 1900 BC up to the British Empire in the twentieth century. The author uses historical cross-cultural case studies to establish the factors which have given competitive advantages to societies and empires. This book will be of interest to researchers and students in political economy, economic history, economic growth and innovation economics.

The Smoot-Hawley Tariff Act of 1930 remains one of the most enigmatic pieces of legislation in the 20th century. Held by some to have caused the Great Depression, and by others to have worsened it, the Act’s underlying motives continue to be the subject of vigorous debate. For example, Dartmouth College economic historian and trade expert Douglas Irwin pointed to a political ploy on the part of the Republican Party to avert electoral defeat in 1928 by the Mid-West farm lobby. This book presents an alternative view, based in large measure on recently published studies. It is argued that the Smoot-Hawley Tariff Act should be understood as the Republican Party’s attempt at closing a widening output gap in the US, resulting from the widespread adoption of a new power transmission technology in the form of electric unit drive (EUD). Electric unit drive, by providing the wherewithal to increase machine speed considerably, resulted in productivity gains in the 40-100 percent range. Existing plant and equipment was now vastly more productive as a result of greater machine speeds. The book consists of six papers, five of which were previously published.

Written by a highly regarded scholar in the field, this book represents the first published study on the Greek kingdoms of Bactria and India that treats them as Hellenistic states. Referring to classical Western and Indian sources, as well as numismatics, the author gives a multi-faceted account of their dynastic rule and conquest. The book begins with an overview of the Seleucid settlement, providing a background to the relations between Greeks and Asiatics after the death of Alexander the Great. Covering the period from 206 to 145 BCE, the book analyses the reigns of Euthydemus I, Demetrius I and Menander I, and explains how they accomplished Alexander’s dream of co-operation instead of domination in the eastern provinces. Tarn’s work examines this little-discussed topic, and presents it to the reader in a clear and accessible style, making this a great scholarly contribution that remains unsurpassed in breadth and depth. The second edition, originally published in 1951, includes an Addendum explaining the further discoveries since the work was first published in 1938.