The transition between the old and



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THE TRANSITION BETWEEN THE OLD AND

NEW TRADITIONAL ECONOMIES IN INDIAa*


J. Barkley Rosser, Jr.

Professor of Economics and Kirby L. Kramer, Jr. Professor

of Business Administration

MSC 0204


James Madison University

Harrisonburg, VA 22807 USA

Tel: 540-568-3212

Fax: 540-568-3010

Email: rosserjb@jmu.edu
Marina V. Rosser

Professor of Economics

James Madison University

March, 2004

JEL Classification: P4, O5
Keywords: old traditional economy, new traditional economy, transition, India

a*The authors acknowledge useful input from Robert Eric Frykenberg, Jeffrey Miller, Ajit Sinha, Robert C. Stuart, and two anonymous referees, none of whom are responsible for any errors or misinterpretations contained in this paper




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