ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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In Quest of Inclusive Growth

Economics needs an integrated approach for inclusive growth. But, this purpose is lost in the excessive focus on the separation of the subject into micro and macro and the obsession with rationality and general equilibrium for theoretical perfection. In such a context, the analysis of the factors contributing to the changes in the gross domestic product overlooks the distributional aspects, whereas statistics focuses on distribution in its search for approximating the regularity in data generated in a multivariate space. The feasibility of a new multidisciplinary framework for organising economic data in the quest of a paradigm inclusive growth is explored.



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Updated On : 12th Aug, 2019

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