Growth and Development….. Inclusive Growth: What went wrong with Development?
This paper critically reviews the debate of ‘growth and development’ since 1950 in order to place and conceptualize the term inclusive growth. The paper argues that the basic objective of inclusive growth is the smooth functioning of nation state and to avoid socio economic and political unrest and it seems that the inherent agenda is to maintain conventional economic growth structure without breaking its persistent momentum. Moreover, the paper described a development strategy for developing countries by considering various empirical and theoretical evidences and it concludes by arguing that, it is very difficult to achieve the developmental outcomes without breaking the conventional growth structure.
|Date of creation:||01 Jun 2011|
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- Shorrocks, Anthony & van der Hoeven, Rolph (ed.), 2004. "Growth, Inequality, and Poverty: Prospects for Pro-poor Economic Development," OUP Catalogue, Oxford University Press, number 9780199268658.
- World Bank, 2005. "Economic Growth in the 1990s : Learning from a Decade of Reform," World Bank Publications, The World Bank, number 7370, December.
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