000			01683nam a22001577a 4500
999			_c513634 _d513634
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100			_aMunshi, Kaivan _918413
245			_aCaste and the Indian economy
260			_bJournal of Economic Literature
300			_a57(4), Dec, 2019: p.781-834.
520			_aCaste plays a role at every stage of an Indian's economic life, in school, university, the labor market, and into old age. The influence of caste extends beyond private economic activity into the public sphere, where caste politics determine access to public resources. The aggregate evidence indicates that there has been convergence in education, occupations, income, and access to public resources across caste groups in the decades after independence. Some of this convergence is likely due to affirmative action, but caste-based networks could also have played an equalizing role by exploiting the opportunities that became available in a globalizing economy. Ethnic networks were once active in many advanced economies but ceased to be salient once markets developed. With economic development, it is possible that caste networks will cease to be salient in India. The affirmative action programs may also be rolled back, and (statistical) discrimination in urban labor markets may come to an end if and when there is convergence across caste groups. In the interim period, however, it is important to understand the positive and negative consequences of caste involvement across a variety of spheres in the Indian economy.
650			_aEconomic development - India _916837
773			_aJournal of Economic Literature
906			_aCASTE - INDIA
942			_cAR