Growth and Development….. Inclusive Growth: What went wrong with Development?

Justine George

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: Inclusive growth; Growth and development (search for similar items in EconPapers)
JEL-codes: O1 O10 O2 O20 (search for similar items in EconPapers)
Date: 2011-06-01
New Economics Papers: this item is included in nep-cwa and nep-fdg
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33182

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