Susan Wolcott
- Published in print:
- 2011
- Published Online:
- June 2013
- ISBN:
- 9780804771856
- eISBN:
- 9780804777629
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804771856.003.0010
- Subject:
- Economics and Finance, Economic History
This chapter examines the operation of rural credit markets in the postbellum South in the mirror of colonial India. Using the records of the 1929–1930 Provincial Bank Enquiry Committees (PBECs) and ...
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This chapter examines the operation of rural credit markets in the postbellum South in the mirror of colonial India. Using the records of the 1929–1930 Provincial Bank Enquiry Committees (PBECs) and data on Indian rural expenditures and finance from 1951–1952 by the All-India Rural Credit Survey (AIRCS), it investigates the nature of agricultural credit in colonial India in comparison to the Grameen Bank and postbellum U.S. South credit markets. The chapter also explores the relationship of the caste network and the credit system, and then concludes with a discussion of the effect of the credit system on the behavior of Indian cultivators.Less
This chapter examines the operation of rural credit markets in the postbellum South in the mirror of colonial India. Using the records of the 1929–1930 Provincial Bank Enquiry Committees (PBECs) and data on Indian rural expenditures and finance from 1951–1952 by the All-India Rural Credit Survey (AIRCS), it investigates the nature of agricultural credit in colonial India in comparison to the Grameen Bank and postbellum U.S. South credit markets. The chapter also explores the relationship of the caste network and the credit system, and then concludes with a discussion of the effect of the credit system on the behavior of Indian cultivators.
