The Missing Middle
Published By: ICRIER on eSS | Published Date: January, 17 , 2009The purpose of this paper is to provide evidence, and argue, that stunning as India’s success is, the potential – and need – is for still more reform and more rapid growth. 8 percent is a good rate of growth, but many are destined needlessly to be left behind for years to come if current trends persist: if growth in output and employment of unskilled-laborintensive manufacturing industries remains on its current trajectory, India is at risk of bifurcating the economy, with those benefiting from growth and those left out.
Author(s): Anne O. Krueger | Posted on: Feb 17, 2009 | Views(1792) | Download (642)