The gold-exchange standard in colonial India: foreshadowing the monetary hierarchy of the international state-credit standard

This paper investigates how the concrete operation of the gold-exchange standard in colonial India imposed a process of financial subordination embedding colonial India in the currency hierarchy of British sterling. This system was instrumental in entrenching a core-periphery asymmetry that undergir...

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Bibliographic Details

Published in:	Review of international political economy : RIPE Vol. 31; no. 5; pp. 1496 - 1519
Main Author:	Vasudevan, Ramaa
Format:	Journal Article
Language:	English
Published:	London Routledge 02.09.2024 Taylor & Francis LLC
Subjects:	Accumulation Bills of exchange Center and periphery colonial India Colonialism Developing countries financial subordination Gold Gold-Exchange standard Hegemony Hierarchies LDCs Money Subordination
ISSN:	0969-2290, 1466-4526
Online Access:	Get full text
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