In the past 10 years, the service sector has been a significant contributor to overall economic growth in Bangladesh …, Cambodia, Nepal, Papua New Guinea, Uzbekistan, and Viet Nam. Sector growth has been supported by strong industrial growth in … investments. In order to increase the labor productivity of the sector and realize its potential to contribute to inclusive growth …

In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The … a significant effect on growth, as our empirical analysis shows. In line with economic theory, property taxes have a … more benign impact on growth than direct taxes, and spending more on education has a sizable positive impact on growth. …

Asia’s growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia’s medium- and long-term growth. The overarching implication for policy makers is that supply …-side policies that foster productivity growth will be vital for sustaining developing Asia’s future growth in the postcrisis period …

This paper surveys the empirical and theoretical link between education and growth in the growth process of Asian … features of growth processes of Asian countries. Empirical studies show that these key features include liability to falling …

The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is …

principal engine for economic growth, as the share of the service sector in gross domestic product has exceeded that of the … industry sector since the mid-1980s. Three major opportunities for leveraging service sector growth stands out. One is …

Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for … demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global … financial and economic crisis has sharply curtailed gross domestic product (GDP) growth across the region. The emergence of the …

developing Asia’s exports and growth. As a result, developing Asian countries are increasingly looking to the People’s Republic … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC’s trade … of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether …

This paper seeks to analyze the factors affecting the growth of enterprises in the Philippines, as measured from the … in 2009, we correlate the observed growth of these firms with reported constraints in the business environment within … 2009, more than a third of these firms expanded their payroll and majority saw growth in real sales. Amidst a sea of …