-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 …

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 …

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 Many regulations are outdated, and there are restrictions and barriers on foreign direct … investment.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 …

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 …

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 …

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 …

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 …

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. …