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This study depicts the amount and kind of development in the Indian economy during the Second World War. The discussion focuses on economic aspect of Indo-British relations. These were characterised by various control mechanisms, control of foreign trade and currency controls necessary in a wartime economy. The Anglo-American loan agreement of 1941 will also be taken into consideration here, as it led to the financial dependency of Great Britain on the U.S.A., which then had repercussions for Indo-British economic relations and also for the finance policies of Great Britain and India. Further consequences of the agreement, especially apparent in the post-war era, are also discussed.
The Author: Georg Bruchhof was born in 1962 at Niederlahnstein/Germany. Educated in Human Sciences he also studied General History and South-Asian History at Heidelberg University. He was fellow of the Center for Modern Oriental Studies in Berlin and received a doctorate at Heidelberg University.
Contents: Wartime economy - Import and Export Control - Anglo-American Lend-Lease Act, 1941 - UKCC, Trade Promotor in India - British Terms of Payment - India Business Delegations in Great Britain and in U.S.A. - British Economic Interests in India - Indo-British Financial Settlement of 1947.
