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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...
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– 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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