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Exploring the crucial relationship between economic development and international trade, this book delves into the insights of economists like Rosentein-Rodan and Nurkse, who advocated for the Big Push theory. They argued that insufficient demand hampers industrialization, creating a cycle of low income and minimal growth. By emphasizing export promotion as a solution, the authors contend that increasing market demand is essential for achieving self-sustaining economic growth and overcoming the barriers to industrialization.
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Trade & Productivity Growth: Exploring the Indian Manufacturing Sector, Esha Khanna
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- 2019
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