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What Ails Kerala's Economy: A Sectoral Exploration

The `Kerala model' of development has been facing a serious crisis due to low growth, high cost, low productivity, low investment and low employment in the state economy. This paper analyses the performance of major sectors of the state economy, such as agriculture, industry and the financial s...

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Detalles Bibliográficos
Autor principal: P D JEROMI
Formato: Printed Book
Publicado: Economic and Political Weekly April 19, 2003 2003
Acceso en línea:http://10.26.1.76/ks/002105.pdf
Descripción
Sumario:The `Kerala model' of development has been facing a serious crisis due to low growth, high cost, low productivity, low investment and low employment in the state economy. This paper analyses the performance of major sectors of the state economy, such as agriculture, industry and the financial sector, during the past two decades and brings out the problems they confront. The paper highlights the lack of a development strategy in Kerala for growth and employment generation.