Alternative policy imagination for anti-toxic Indian development
AMIT BHADURI
Abstract:Worsening joblessness in India is put forward here from the multiple and inter-connected argumentative lens of formal-informal dichotomy by labour productivity differential, market size constraint, labour market flexibility, capital inflows, political constraint, corporate industrialization and welfare economic implications. In the process, the limitations of the classic developmental ideas of Kuznets, Lewis and Schumpeter are critiqued. Thereafter, an alternative policy framework is proposed to achieve econom… Show more
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