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A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...
Persistent link: https://www.econbiz.de/10012252486
Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be...
Persistent link: https://www.econbiz.de/10012010001
This paper examines the impact of international trade on industrialization in developing agricultural economies. The … policymakers in these economies have often argued when trying to promote industrialization by restricting trade. The paper presents …
Persistent link: https://www.econbiz.de/10014400546
Total factor productivity (TFP) of 14 manufacturing sectors in France has kept up with that of the United States during 1980-2002 and remained well above that of the United Kingdom. Estimates using a dynamic panel equilibrium correction model indicate that sectors further behind the...
Persistent link: https://www.econbiz.de/10014399859
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India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies …. While the importance of services rather than manufacturing is widely noted, within manufacturing India has emphasized skill … existed prior to the beginning of economic reforms in the 1980s, and stem from the idiosyncratic policies adopted after India …
Persistent link: https://www.econbiz.de/10014403032
Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the growth rate of the Indian economy by 2 per cent points. This paper tests the hypothesis of the J...
Persistent link: https://www.econbiz.de/10014399140
greater competition and at liberalizing key aspects of economic activity. This paper investigates productivity trends in India …
Persistent link: https://www.econbiz.de/10014399683