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The empirical studies of Indian state economies have largely ignored the inter-dependence of agriculture and industry sectors. The authors explore how this interrelationship translates into the growth stimulus between the two sectors
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"Contributing authors to this volume re-examine the concept of the developmental state by providing further theoretical specifications, undertaking critical appraisal and theoretical re-interpretation, assessing its value for the emerging economies of China and India, and considering its...
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developed western world by going through three developmental stages sequentially; namely, a proto-industrialization in the rural …, economies stuck in the low-income trap or middle-income trap did not follow the above sequential stages of industrialization …. For example, many Eastern European and Latin American countries after WWII jumped to the stage of heavy industrialization …
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How should industrial policy be designed in developing countries? Should industrial policy be targeted to a few sectors or be more broad based and therefore more neutral? Our theoretical analysis demonstrates that access to foreign markets is key to answering this question. We show that in a...
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global trading system has dominated both domestic demand management and industrialization "from within." This paper assesses …
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