This book offers a new understanding of the main economic and political trends of 20th-century Britain, through the lens of Churchill's early career and approach to industrialisation. Shedding fresh light on Churchill's political endeavours between 1900 and 1922, this study analyses his work within his political constituencies, and highlights how he attempted to balance their local concerns with his larger imperial agenda. Tomlinson guides readers through Britain's industrial challenges at the start of the twentieth century - with a particular focus on the textile economies of Churchill's constituencies in Lancashire and Scotland - and shows how industrial competition within the Empire exemplified the tensions between domestic economic policy and attempts at globalization, and influenced Churchill's later politics. Tomlinson acknowledges the role of the First World War in boosting the industrial output and bargaining power of countries within the Empire, and analyses these alongside key moments in Churchill's early career, such as his defeat at Dundee, and time at the Exchequer. In doing so, the author highlights the context in which Churchill's ideas on the politics and economics of Empire were first formed, particularly in relation to the impact of imperial economic policy on British domestic prosperity. Ultimately, this book delivers a new assessment of twentieth-century British economic history, in the light of Britain's relationship to the Empire and the 'first great globalization'.

The South Asian subcontinent is home to nearly a billion people and has been the site of fierce historical contestation. It is a panoply of languages and religions with a rich and complex history and culture. Drawing on the newest and most sophisticated historical research and scholarship in the field, Modern South Asia is written in an accessible style for all those with an intellectual curiosity about the region. After sketching the pre-modern history of the subcontinent, the book concentrates on the last three centuries from c.1700 to the present. Jointly written by two leading Indian and Pakistani historians, it offers a rare depth of historical understanding of the politics, cultures and economies that shape the lives of more than a fifth of humanity. In this comprehensive study, the authors debate and challenge the striking developments in contemporary South Asian history and historical writing. The book provides new insights into the structure and ideology of the British raj, the meaning of subaltern resistance, the refashioning of social relations along lines of caste, class, community and gender, the different strands of anti-colonial nationalism and the dynamics of decolonization. This book is a work of synthesis and interpretation covering the entire spectrum of modern South Asian history - social, economic and political. The authors offer an understanding of this startegically and economically vital part of the world.

The South Asian subcontinent is home to nearly a billion people and has been the site of fierce historical contestation. It is a panoply of languages and religions with a rich and complex history and culture. Drawing on the newest and most sophisticated historical research and scholarship in the field, Modern South Asia is written in an accessible style for all those with an intellectual curiosity about the region. After sketching the pre-modern history of the subcontinent, the book concentrates on the last three centuries from c.1700 to the present. Jointly written by two leading Indian and Pakistani historians, it offers a rare depth of historical understanding of the politics, cultures and economies that shape the lives of more than a fifth of humanity. In this comprehensive study, the authors debate and challenge the striking developments in contemporary South Asian history and historical writing. The book provides new insights into the structure and ideology of the British raj, the meaning of subaltern resistance, the refashioning of social relations along lines of caste, class, community and gender, the different strands of anti-colonial nationalism and the dynamics of decolonization. This book is a work of synthesis and interpretation covering the entire spectrum of modern South Asian history - social, economic and political. The authors offer an understanding of this startegically and economically vital part of the world.

Study of the impact of Britain's economic and financial crises on currency and monetary policy-making in India between the wars, analysing colonial policies during Anglo-US efforts to reconstruct the international financial system and Britain's struggle to restore the pre-eminence of sterling and the City.

Drawing upon the archival material of the State Bank of India, which include some of the most extensive primary sources available on joint stock banking in India, this book, the final volume in the trilogy on the evolution of the State Bank of India, is a narrative history of the Imperial Bank of India from 1921 to 1955. The book documents with precision and rare candour the initial setbacks and subsequent rise of the Imperial Bank during a critical political and economic phase that spanned the Great Depression, World War II and post-Independence India, as also the corresponding development of industries in India with which the Imperial Bank was closely associated. It also briefly profiles the Reserve Bank of India, which was established in 1935 in order to take over the quasi-central functions of the Imperial Bank.

The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.