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Kuznets' tension in India: Two episodes

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  • Saon Ray
  • Sabyasachi Kar

Abstract

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 period. We characterize these two episodes as 'inclusion without growth' and 'growth without inclusion'.

Suggested Citation

  • Saon Ray & Sabyasachi Kar, 2020. "Kuznets' tension in India: Two episodes," WIDER Working Paper Series wp-2020-24, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2020-24
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    References listed on IDEAS

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