Towards a sustainable Growth story: A critical analysis of the fundamentals

Saraswat, Deepak (2008): Towards a sustainable Growth story: A critical analysis of the fundamentals.

Abstract

In this paper, I will develop an insight into the growth process of Indian Economy and will find that increased inequality due to unconventional transitions have its negative implications for future growth prospects and the overall issue of sustainability. The objective of this paper is to throw light on theoretical concepts of growth process and to suggest some policies which are in line with the conventions and at the same time are well integrated with the contemporary Indian Economy. Issues like that of consumption inequality, labor mobility etc. have been identified as inhibiting factors for a smooth flow of transitions and with a sector specific analysis, have been dealt with, so as to remove them and make the transition process free flowing, which will bring about a sustainable long-run growth strategy.

• Item Type: MPRA Paper
• Language: English
• Keywords: Consumption Inequality; Labor Mobility
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O42 - Monetary Growth Models; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - General

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