Mark Rosenzweig is Frank Altschul Professor of International Economics and Director, Economic Growth Center at Yale University. His fields of interest are economic development, causes and consequences of economic development, and international migration.
Why is labour mobility in India so low?
04 Jul 2016
Rural-to-urban migration is surprisingly low in India, compared with other large developing countries, leaving higher paying job opportunities unexploited. This column shows that well-functioning rural insurance networks are partly responsible, as they incentivise adult males to remain in villages. Policies that provide private credit to wealthy households or government safety nets to poor households would encourage greater labour mobility, but could have unintended distributional consequences.
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