India's future: it's about jobs

Type Journal Article - FRB International Finance Discussion Paper
Title India's future: it's about jobs
Publication (Day/Month/Year) 2007
Projections of sustained strong growth in India depend importantly on the utilization of the huge increase in India’s working-age population projected over the next two decades. To date, however, India’s economic growth has been
concentrated in high-skill and capital-intensive sectors, and has not generated strong employment growth. In this paper, we highlight the tension between India’s performance in output and employment, describe the characteristics of
India’s demographic dividend, and discuss impediments to India’s shift away from agriculture.

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