The 21 essays included in this volume are firmly embedded in original archival sources. They deal mainly with issues arising out of the Europeans commercial presence in the Indian Ocean region and the interaction they had with their Asian counterparts. The volume discusses how over a span of three centuries, the Indian economy was integrated into the world economy as a result of these interactions. The macroeconomic implications of the European encounter for the Indian economy are analysed in detail. Another important area explored at some length is the monetary history of the subcontinent in the early modern period.\n
Professor Om Prakash retired recently as Professor of Economic History at the Delhi School of Economics, University of Delhi. He is a foreign fellow of the Royal Netherlands Academy of Arts and Sciences, Amsterdam and of the Royal Dutch Academy of Sciences, Haarlem, The Netherlands. His major publications include The Dutch East India Company and the Economy of Bengal, 163-172 (Princeton 1985), European Commercial Enterprise in Pre-Colonial India, Vol. II. 5 in the New Cambridge History of India series (Cambridge 1998) and Bullion for Goods, European and Indian Merchants in the Indian Ocean Trade, 15-18 (Delhi, 24).
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