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Different Ways of Resolving the Crisis

  • Asim K. Dasgupta
Chapter

Abstract

Several ways of resolving this problem of inadequate capital accumulation in a developing economy are discussed, including especially the solution that is offered by technical progress as well as land reforms. But here again, it is found that even this technical progress–based solution also depends on the nature of initial distribution of income.

Keywords

Land reforms Technical progress 

References

  1. Bhagawati, J. (1973). Education, Class Structure and Income Inequality. World Development, 1, 24.Google Scholar
  2. Bowles, S. (1977). Class Power and Mass Education. Cambridge, MA: Harvard University.Google Scholar
  3. Burmeister, E., & Dobell, A. (1933). Mathematical Theories of Economic Growth (pp. 67–77). Aldershot: Gregg Revivals.Google Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Asim K. Dasgupta
    • 1
    • 2
  1. 1.Former Finance MinisterWest BengalIndia
  2. 2.Former Professor of EconomicsCalcutta UniversityWest BengalIndia

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