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Publications (4)
Book Chapter
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– Past episodes and future trajectories
From the book:
The Developer’s Dilemma
Working Paper
pdf
This paper examines the profit-shifting behaviour of emerging multinational firms from India. It is found that the before-tax profitability of subsidiaries differs according to whether they were established directly or via an Offshore Financial Centre (OFC). The impact of the corporate tax rate on...
Policy makers seeking inclusive growth frequently face the developer’s dilemma between prioritizing structural transformation, which is potentially inequitable, and keeping a check on rising economic inequality. How this dilemma is resolved by different countries and what factors influence the...
Working Paper
pdf
– Two episodes
Developing countries face a trade-off between the twin objectives of structural transformation and inclusive growth. This is the ‘developer’s dilemma’. This study analyses the dilemma as it manifested itself in the Indian context, and identifies two distinct episodes over the post-independence...
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