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dc.contributor.authorNabar-Bhaduri, Suranjanaen_US
dc.contributor.authorVernengo, Matíasen_US
dc.date.accessioned2012-06-29en_US
dc.date.accessioned2012-09-28T12:38:52Z-
dc.date.available2012-09-28T12:38:52Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/64429-
dc.description.abstractIndia has been an exemplary case of economic growth, lionized in the international press as one of the emerging market economies that will take over the world economy in the current century. The Indian services revolution is often cited as an example of an alternative development strategy under which the process of growth is services-led, as against the traditional manufacturing-led paradigm that has historically been the case. This paper suggests that the Indian development strategy actually looks eerily similar to the Central American and Mexican patterns of integration into the world economy, which are highly dependent on the exports of people, directly through migration, and indirectly through low wages in particular sectors ('maquilas' in the Americas, the call centers in India), even if the growth rates in India have been considerably higher than in those Latin American regions.en_US
dc.language.isoengen_US
dc.publisherUniv. of Utah, Dep. of Economics Salt Lake City, Utahen_US
dc.relation.ispartofseriesWorking Paper, University of Utah, Department of Economics 2012-06en_US
dc.subject.jelO11en_US
dc.subject.jelO14en_US
dc.subject.jelO53en_US
dc.subject.ddc330en_US
dc.subject.keywordEconomic Developmenten_US
dc.subject.keywordService Sectoren_US
dc.subject.keywordIndiaen_US
dc.titleService-led growth and the balance of payments constraint in India: An unsustainable strategyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn718510283en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Department of Economics Working Paper Series, University of Utah

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