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 …

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 …

estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …-side policies that foster productivity growth will be vital for sustaining developing Asia's future growth in the postcrisis period …-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources …

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 …

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 …

lower total factor productivity growth is the main mechanism through which population aging harms economic growth. Labor … 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 inclusive economic growth. Our analysis indicates that services are already an important source of output, growth, and … jobs in the region. However, its productivity greatly lags that of the advanced economies, which implies ample room for … further growth. The impact of services sector on poverty reduction is less clear but we do find some limited evidence of a …

lower total factor productivity growth is the main mechanism through which population aging harms economic growth. Labor … 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 …