Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5092486 | Journal of Comparative Economics | 2010 | 25 Pages |
Abstract
The pursuit of a strategy of capital intensive industrialization founded on insulating the economy from domestic and import competition underlies the poor employment performance. Reforms of strategy began hesitantly in the mid-80s and became more systemic and extensive 1990-1991. Reforms accelerated aggregate growth considerably but had little effect on employment. Only further and deeper reforms can generate sustained and rapid growth of productive employment.
Related Topics
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Economics and Econometrics
Authors
T.N. Srinivasan,