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Persistent link: https://www.econbiz.de/10012115278
-side policies that foster productivity growth will be vital for sustaining developing Asia's future growth in the postcrisis period …While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …
Persistent link: https://www.econbiz.de/10008826310
Developing Asia has grown faster than other parts of the world for decades. However, population aging is expected to … (2012) to project the impact of population aging on developing Asia’s growth between 2021 and 2050. Our projections indicate …
Persistent link: https://www.econbiz.de/10014333414
One of developing Asia's foremost structural economic challenges is the need to rebalance demand and growth toward … developing Asia was weaker than that for the rest of the sample. This implies that the aging population may not be contributing …
Persistent link: https://www.econbiz.de/10009379728
Persistent link: https://www.econbiz.de/10010385930
One of developing Asia's foremost structural economic challenges is the need to rebalance demand and growth toward … developing Asia was weaker than that for the rest of the sample. This implies that the aging population may not be contributing …
Persistent link: https://www.econbiz.de/10013118174
The demographic dividend that contributed substantially to economic growth in developing Asia in the past is … productivity. We examined the impact of aging on those four channels in 12 developing Asian economies that collectively make up the …
Persistent link: https://www.econbiz.de/10009379744
service sector, has made service sector development a top priority for developing Asia. Our central objective is to broadly … jobs in the region. However, its productivity greatly lags that of the advanced economies, which implies ample room for … wide range of internal and external policy distortions is vital for improving service sector productivity. As important as …
Persistent link: https://www.econbiz.de/10009696227
Persistent link: https://www.econbiz.de/10010385931
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 …, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor …
Persistent link: https://www.econbiz.de/10013088853