Emergic: Rajesh Jain's Blog

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Agriculture and Development

June 30th, 2003 · No Comments

Atanu Dey provides a tutorial on the role of agriculture in development: “What I maintain is that agriculture’s share in the GDP had better decline (but not a decline in the absolute value of the agriculture sector) if India is to ever develop. It is only very severely underdeveloped economies have high ag sector share of GDP…For India to develop, its share of the ag sector has to decline rapidly (with an increase in the absolute size of the sector). ”

Tags: Emerging Markets

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