Surat in the Seventeenth Century
Journal of the Economic and Social History of the Orient (Impact Factor: 0.07). 01/1982; 25(3). DOI: 10.2307/3632193
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ABSTRACT: From the 15th to the 18th century, northern India was one of the most prosperous regions in the world, with highly advanced industrial and commercial techniques. A favourable natural endowment and the stability of the Mughal Empire allowed the creation of forward and backward linkages. These resulted in an economic system of inter-linked producers driven by market forces. The system itself was a key factor in the prosperity and competitiveness of the producers who comprised it. In the 18th century, the pillars on which the system stood began to fall. This history provides a systems-based explanation for the decline of an efficient, flexible economy.Journal of the Asia Pacific Economy 07/2007; 12(3):305-328. · 0.64 Impact Factor
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