John Bullion's empire : Britains' gold problem and India between the wars / G. Balachandran.

Format:

Book

Author/Creator:

Balachandran, G., author.

Series:

London studies on South Asia ; 10.

London studies on South Asia ; 10

Language:

English

Subjects (All):

Monetary policy--Great Britain.

Monetary policy.

Monetary policy--India.

Great Britain--Economic policy--1918-1945.

Great Britain.

India--Economic policy.

India.

Physical Description:

1 online resource (265 p.)

Place of Publication:

London ; New York : Routledge, 2013.

Language Note:

English

Summary:

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.

Contents:

Cover; Half Title; Title Page; Copyright Page; Dedication; Table of Contents; List of Tables; Acknowledgements; 1 Introduction; India and British 'Internationalism' Between the Wars; Interests, Ideas, and Economic Policy; Interests and Ideas in Indian Monetary Affairs; The Interwar India Office and the City of London; Plan of the Book; 2 The Rupee in a Changing World; The Indian Currency System; The Gold Exchange Standard; The Role of Gold; Gold for India: Changing British Perceptions; 3 Britain, U.S.A. and the 'Surpluses of the Orient': 1916-18; British External Finance in the War

Britain, the U.S.A., and Indian Gold Imports during the WarIndian Trade in the War; The Convertibility Crisis; The Pittman Silver Agreement; Summary and Conclusion; 4 'Gold for the West and Silver for the East': Currency Policy in Postwar India; Indian Currency Dilemmas after the War; The Babbington-Smith Committee; The Triangular Context Revisited; Treasury Response to the Report; The Overflowing Sink; Summary and Conclusion; 5 Stabilizing the Floating Rupee: 1921-6; The External Environment; The Managed Float Regime in India; Currency Commission and Stabilization; Conclusion

6 Britain, U.S.A., and the Indian Gold Standard Controversy, 1925-7The Making of a Commission; The Gold Standard Controversy; The Politics of Silver, 1927-35; Gold-Bullion Standard - Myth and Reality; 7 The Depression Years; 'Gold Shortage' and the Sterling Crisis; The Depression and India's External Sector; The Policy Response and Constraints; Gold Exports and Sterling Policy; Gold Exports and the Indian Economy; A Gold Glut?; Conclusion; 8 The Politics of Monetary Autonomy and the Imperial Interest in Interwar India; The Early Impetus for Central Banking

The Reserve Bank Controversy of 1927-8The Reserve Bank and Political Reform; 'Monetary Autonomy': A Summing Up; 9 Conclusion: India and the Crisis of British Finance; Bibliography; Index

Notes:

First published in 1996 by Curzon Press.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-136-79064-0

1-315-02659-7

1-136-79057-8

9781315026596

OCLC:

881034314