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The Missing Middle

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  • Anne O. Krueger

Abstract

The 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.

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  • Anne O. Krueger, 2009. "The Missing Middle," Working Papers id:1864, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:1864
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    File URL: http://www.eSocialSciences.com/data/articles/Document1172200920.4447443.pdf
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    References listed on IDEAS

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    1. Gaurav Datt & Martin Ravallion, 2002. "Is India's Economic Growth Leaving the Poor Behind?," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 89-108, Summer.
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    Cited by:

    1. Narendar Pani, 2015. "Towards a location-sensitive policy for manufacturing in Karnataka," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 17(1), pages 50-65, April.

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    More about this item

    Keywords

    India; potential; economy; growth; rate; labor intensive; manufacturing industries; industry; reform;
    All these keywords.

    JEL classification:

    • K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law

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