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NOTES
1 Thanks to John Sender and Claire Benit-Gbaffou for comments on earlier drafts.
2 This is the same argument which Amsden (2010) makes in her critique of strategies inspired by Say’s law, according to which supply (in this case of skilled workers) creates its own demand, which argue for education or micro-credit as silver bullet solutions to unemployment and poverty.
3 The tendency to over-estimate self-employment (and under-estimate wage employment, especially of a casual nature) has been documented by Oya