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Anand Swamy
Anand V. Swamy is Professor of Economics at Williams College, Williamstown, MA 01267, U.S.A., where he is also associated with the Center for Development Economics.
Swamy works in development economics and Indian economic history. His work has been published in American Economic Review, Journal of Development Economics, Journal of Development Studies, Economic Development and Cultural Change, Explorations in Economic History, and Public Choice.
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भारतीय कानून कितना औपनिवेशिक है?
भारत में औपनिवेशिक शासन और इसकी कार्यप्रणालियों से संबंधित आलोचनाओं के चलते कई प्रसंगों में इसके साथ कानून जोड़े गए हैं, ताकि औपनिवेशिक विरासत की दासत्वपूर्ण परंपरा में परिवर्तन लाया जा सके। इस लेख में, रॉय और स्वामी ने आर्थिक गतिविधियों से संबंधित तीन व्यापक क्षेत्रों- भूमि, कॉर्पोरेट और कंपनी कानून एवं पर्यावरण और प्राकृतिक संसाधन पर ध्यान केंद्रित करते हुए, वर्तमान कानून व्यवस्था में मौजूद औपनिवेशिक शासन के परंपरा-प्राप्त तत्वों को बाहर निकालने का कार्य किया है।
How colonial is Indian law?
Critiques of the colonial rule in India and its legacy have been extended to law – with many allusions to the need to shake off the yoke of the colonial legacy. In this post, Roy and Swamy unpack the legacy of colonial rule in India on its present-day legal system, with a focus on three broad domains pertaining to economic activity – land, corporate and company law, and environment and natural resources.
Regulating land markets: The colonial inheritance
State intervention in markets is usually thought of as a post-independence phenomenon. However, this column demonstrates that extensive State intervention in land and credit transactions can be traced back to policies adopted by the British Raj in India, beginning in the late 19th century.
Colonial Origins of Restrictions on Land Transfer in India
Lack of access to credit is often argued to be an important determinant of poverty. This lack is often traced back to the poor not having collateral. This absence of collateral in turn has been linked to the fact that the poor don’t have titles to their land.
Microfinance and predatory lending: The same old story?
Once hailed as a near-miraculous way of lending money to the poor, microfinance is now often seen as exploitation – and governments are stepping in. This column looks at another point in India’s history where lawmakers have intervened in lending practices: following the Deccan Riots between farmers and moneylenders in 1876. It argues that in hindsight this was an overreaction – and perhaps there is a lesson for today.