give rise to a silver dividend that contributes to economic growth (ADB 2019). While the demographic dividend refers to the … sources of growth in an aging society. Extending Lee and Shin (2021) to include developing countries, we examine the potential … for a silver dividend by investigating the channels through which population aging affects economic growth. We find that …

-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources … of economic growth in 12 developing Asian economies during 1992-2007 via a two-stage analysis. In the first stage, we … estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …

prospects as an engine of growth. Our analysis resoundingly confirms the conventional wisdom of an underperforming service …

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 … paper is to empirically analyze the prospects for the service sector as a future engine of growth. Our analysis of 12 Asian …

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 …

jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect … the growth of the sector. Many regulations are outdated, and there are restrictions and barriers on foreign direct … investment. While India is among the top 10 World Trade Organization members in service exports and imports, the growth and …

We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ … between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in …

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 …