The Missing Middle
The purpose of this paper is to provide evidence, and argue, that stunning as Indiaâ€™s success is, the potential â€“ and need â€“ is for still more reform and more rapid growth. 8 percent is a good rate of growth, but many are destined needlessly to be left behind for years to come if current trends persist: if growth in output and employment of unskilled-laborintensive manufacturing industries remains on its current trajectory, India is at risk of bifurcating the economy, with those benefiting from growth and those left out.
References listed on IDEAS
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- Datt, Gaurav & Ravallion, Martin, 2002.
"Is India's economic growth leaving the poor behind?,"
Policy Research Working Paper Series
2846, The World Bank.
- Gaurav Datt & Martin Ravallion, 2002. "Is India's Economic Growth Leaving the Poor Behind?," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 89-108, Summer.
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