Economic History and trade routes of Northeast: Capillaries of Commerce

Economic History and trade routes of Northeast: Capillaries of Commerce

On the eve of European commercial intervention, Bharat stood as one of the largest economies in the world. Data compiled by the Maddison Project, led by Professor Angus Maddison at the University of Groningen, Netherlands, places Bharat at the forefront of the global economy, with an estimated GDP of $80 billion by 1600. Such economic magnitude was not accidental, it was the outcome of a deeply structured and sustained system of production that …