Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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In 1961, the per capita income of India and South Korea was similar at $85.4 and $93.8. In 2019, there was a huge difference as they stood at $2,104.1 and $31,762, respectively. How did that happen and what can India..."/>
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify">In 1961, the per capita income of India and South Korea was similar at $85.4 and $93.8. In 2019, there was a huge difference as they stood at $2,104.1 and $31,762, respectively. How did that happen and what can India learn from it? Mint explains</p><p style="text-align:justify"><em>* What has happened between 1950s to now?</em></p><p style="text-align:justify">As Arvind Panagariya, the first vice-chairman of NITI Aayog, writes in India Unlimited: &ldquo;In the early 1950s, South Korea, Taiwan, Singapore, China, and India had comparable per capita incomes. The first three switched to outward oriented policies in the early to mid 1960s, resulting in wholesale economic transformation.&quot; Export oriented policies ensured that South Korea grew at 8.97% per year between 1960-2000, with the GDP (in constant 2010 US dollars) jumping from $23.3 billion to $724.6 billion. The fast growth was due to labour-intensive exports, which by 1972 accounted for 72.5% of Korea&rsquo;s goods exports.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/india-can-learn-a-lot-from-korea-s-economic-boom-11595171878296.html" title="https://www.livemint.com/news/india/india-can-learn-a-lot-from-korea-s-economic-boom-11595171878296.html">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify">In 1961, the per capita income of India and South Korea was similar at $85.4 and $93.8. In 2019, there was a huge difference as they stood at $2,104.1 and $31,762, respectively. How did that happen and what can India learn from it? Mint explains</p><p style="text-align:justify"><em>* What has happened between 1950s to now?</em></p><p style="text-align:justify">As Arvind Panagariya, the first vice-chairman of NITI Aayog, writes in India Unlimited: &ldquo;In the early 1950s, South Korea, Taiwan, Singapore, China, and India had comparable per capita incomes. The first three switched to outward oriented policies in the early to mid 1960s, resulting in wholesale economic transformation.&quot; Export oriented policies ensured that South Korea grew at 8.97% per year between 1960-2000, with the GDP (in constant 2010 US dollars) jumping from $23.3 billion to $724.6 billion. The fast growth was due to labour-intensive exports, which by 1972 accounted for 72.5% of Korea&rsquo;s goods exports.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/news/india/india-can-learn-a-lot-from-korea-s-economic-boom-11595171878296.html" title="https://www.livemint.com/news/india/india-can-learn-a-lot-from-korea-s-economic-boom-11595171878296.html">click here</a> to read more.</p>                                                           
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India can learn a lot from Korea’s economic boom -Vivek Kaul

Published on Jul 19, 2020   Modified on Jul 20, 2020

-Livemint.com In 1961, the per capita income of India and South Korea was similar at $85.4 and $93.8. In 2019, there was a huge difference as they stood at $2,104.1 and $31,762, respectively. How did that happen and what can India learn from it? Mint explains * What has happened between 1950s to now? As Arvind Panagariya, the first vice-chairman of NITI Aayog, writes in India Unlimited: “In the early 1950s, South Korea, Taiwan, Singapore, China, and India had comparable per capita incomes. The first three switched to outward oriented policies in the early to mid 1960s, resulting in wholesale economic transformation." Export oriented policies ensured that South Korea grew at 8.97% per year between 1960-2000, with the GDP (in constant 2010 US dollars) jumping from $23.3 billion to $724.6 billion. The fast growth was due to labour-intensive exports, which by 1972 accounted for 72.5% of Korea’s goods exports. Please click here to read more.

Livemint.com, 19 July, 2020, https://www.livemint.com/news/india/india-can-learn-a-lot-from-korea-s-economic-boom-11595171878296.html

Tagged with: Labour-intesive Exports Manufacturing Sector Farming Agriculture Import Substitution Policy Economic Growth Per Capita Income

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