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This paper unravels a cyclical pattern in the value of employment elasticity in organized manufacturing in India over the period 1976-2002. Four periods are distinguished: the ‘benign’ growth period of the late seventies; the period of ‘jobless growth’ of the first half of the eighties;...
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Introduction -- An international comparison of the size-structure of manufacturing firms -- Salient features of the growth pattern in India -- The non-household sector in Indian manufacturing -- The impact of the missing middle on the growth rate -- The missing middle in manufacturing -- Causes...
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India started on a program of reforms, both in its external and internal aspects, in the mid-1980s. While the increased exposure to world markets (globalization) and relaxation of domestic controls has undoubtedly given a spurt to the GDP growth rate, the impact of reforms on poverty, inequality...
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