Alternative policy imagination for anti-toxic Indian development

Autor:	AMIT BHADURI
Jazyk:	English<br />Portuguese
Rok vydání:	2024
Předmět:	Formal and informal sectors labour productivity market size jobless growth labour market flexibility capital flows corporate industrialization welfare economics alternative policy Economics as a science HB71-74
Zdroj:	Brazilian Journal of Political Economy, Vol 44, Iss 3 (2024)
Druh dokumentu:	article
ISSN:	1809-4538 0101-3157
DOI:	10.1590/0101-31572024-3651
Popis:	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 economic development focused on employment, equity and environmental uplift. The paper shows how the massive unemployment problem can be managed in India’s democratic set up by departing from conventional wisdom about industrialization.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/d8583a4393b14432a747736c0fa3126d Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF