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For many emerging market economies, moving from an export-oriented strategy with labor-intensive manufacturing to a more sophisticated production process was key to their development. But the world is quickly changing, and former Reserve Bank of India Governor Raghuram Rajan says India need not follow that same path. In this podcast, IMF Asia and Pacific Department Head Krishna Srinivasan and Rajan discuss how India might leverage its growing workforce and pivot from “brawn to brain”.
RAGHURAM RAJAN
KRISHNA SRINIVASAN
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