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Between 1981 and 2017, real gross domestic product in Thailand grew at an average annual rate of 5.7 per cent. Agricultural output grew more slowly than industry or services, and its gross domestic product share consequently declined. Industry's gross domestic product share increased, and the...
Persistent link: https://www.econbiz.de/10012203791
The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as...
Persistent link: https://www.econbiz.de/10012198863
Over the past twenty years, Mozambique has achieved remarkable progress in promoting macroeconomic growth and stability. Nonetheless, poverty rates remain high and labour market activity is dominated by smallholder farming. We use recent household survey data to dig into these trends and provide...
Persistent link: https://www.econbiz.de/10011382454
The story of South Asia is a topsy-turvy one. Soon after independence from British rule, the region seemed to have a much better prospect than many other parts of the Third World; the prospects soon dimmed, however, as South Asia crawled while East and Southeast Asia galloped away. But a large...
Persistent link: https://www.econbiz.de/10011913065
What happened to poverty in India in the 1990s has been fiercely debated, politically and statistically. The Indian …. The effects on poverty remain controversial, and the official numbers published by the Government of India, showing a … reduction are too optimistic, particularly for rural India. This overoptimism was amplified by statistical uncertainty that …
Persistent link: https://www.econbiz.de/10014069595
Persistent link: https://www.econbiz.de/10015080094
With a strong recovery from the global crisis, the Philippines' policy focus will shift again to a long-term development agenda. Despite favorable initial conditions, the Philippines' long-term growth performance has been disappointing. Over the decades, the economy has suffered from high...
Persistent link: https://www.econbiz.de/10013124191
This paper proposes an empirical framework that relates poverty reduction to production growth. We use the GGDC/UNU-WIDER Economic Transformation Database to measure the contribution to growth of productivity improvements within sectors and structural change-the reallocation of workers across...
Persistent link: https://www.econbiz.de/10012799097
Over the past sixty years, most Asian countries have undergone relatively rapid agricultural transformations that helped jumpstart broader economic development. However, the changes have differed markedly in nature and speed across countries of the region. In much of East and Southeast Asia, the...
Persistent link: https://www.econbiz.de/10011894303
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