Structural Retrogression

 

Structural retrogression is a backward feature of a developing economy that is featured by poor structural changes. For example, in India, the occupational structure has not undergone the desired level of change as nearly half of the population remains in the primary sector. Here, the structural change with regard to the occupational structure has not occurred.

December 4, 2017
LMS © IndianEconomy.net. All rights reserved.