{"product_id":"rulers-and-capital-in-historical-abhishek-chatterjee-9781439915004","title":"Rulers and Capital in Historical Perspective: State Formation and Financial Development in India and the United States","description":"\u003cp\u003e\u003ci\u003eRulers and Capital in Historical Perspective \u003c\/i\u003eexplains why modern banking and credit systems emerged in the nineteenth century only in certain countries that then subsequently industrialized and became developed.\u003c\/p\u003e\u003cp\u003eTracing the contemporaneous cases of India and the United States over time, Abhishek Chatterjee identifies the factors that were crucial to the development and regulation of a modern banking and credit system in the United States during the first third of the nineteenth century. He contrasts this situation with India's, where the state never formally incorporated a sophisticated private credit system, and thus relegated it to the sphere of the informal economy.\u003c\/p\u003e\u003cp\u003eChatterjee identifies certain features in both societies, often--though not always--associated with colonialism, that tended to restrict the formation of modern institutionalized money and credit markets. \u003ci\u003eRulers and Capital in Historical Perspective \u003c\/i\u003edemonstrates that\u003ci\u003e\u003c\/i\u003enotwithstanding the many other differences between the North American colonies (prior to independence), and India, the same facets of their relationships with Great Britain prevented the emergence of a modern banking system in the two respective societies.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Abhishek Chatterjee\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1439915008\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781439915004\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Temple University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/01\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 188\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.70lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.30h x 5.70w x 0.70d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 02\/01\/2018","brand":"Abhishek Chatterjee","offers":[{"title":"Hardcover","offer_id":48065587544319,"sku":"9781439915004","price":64.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_addaecf5-11d2-4104-aeb5-8207297d6c4a.jpg?v=1768675961","url":"https:\/\/www.whiterainbookhouse.com\/products\/rulers-and-capital-in-historical-abhishek-chatterjee-9781439915004","provider":"WR Book House","version":"1.0","type":"link"}