Introduction Tariffs, or taxes imposed on imported goods and services, are one of the oldest tools of international trade policy. While they may appear as a mere economic instrument, tariffs often carry political, strategic, and geopolitical motives. In the modern globalized economy, tariff wars, especially those initiated by the United States, have far-reaching implications beyond…
Introduction Globalization has been one of the most transformative forces of the modern era, redefining economies, societies, and cultures across the globe. At its core, globalization refers to the increasing interconnectedness and interdependence of nations, facilitated by advancements in trade, technology, finance, and communication. For decades, globalization accelerated global economic growth, increased cross-border investments, boosted…
The Great Depression of 1929 was one of the most devastating economic crises in modern history, affecting countries across the world. While it originated in the United States with the stock market crash of October 1929, its effects quickly spread, causing widespread unemployment, trade collapse, and financial instability. The economic downturn had severe consequences, not…
Economic crises have historically had far-reaching effects, and the Great Depression of 1929 was no exception. Though it originated in the United States, the economic depression had global consequences, affecting colonies like India under British rule. As a colonial economy, India was deeply integrated into the global trade system but had little control over its…
Introduction ‘Poverty and Un-British Rule in India’ is one of the most significant works in Indian economic history. This book, written by Dadabhai Naoroji in 1901, played a crucial role in exposing the economic exploitation of India under British rule. Naoroji, who is often referred to as the Grand Old Man of India, was a…
Introduction The British Industrial Revolution (1750–1850) was a transformative event that reshaped the global economic landscape. While Britain experienced unprecedented industrial growth, India, under British colonial rule, suffered significant economic consequences. The Industrial Revolution in Britain led to deindustrialization, exploitation, and structural economic shifts in India, severely impacting its self-sustaining economy. This article critically examines…