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This paper is a short history of the Indian economy since 1968. India today is a changed country from what it was half … below the poverty line has fallen markedly, and India has joined the pantheon of major players globally. This paper analyses …
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Every firm in a developed economy relies on the mere existence of countless other firms to keep prices competitive up and down all supply chains. Without this network externality, no firm forms; and without many firms, no network forms; locking in a low-income trap. Business group governance...
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