APAC countries (India and the People’s Republic of China) and on par with the EU’s growth. There is an ongoing process of … bottom firms catching up with top firms in the Republic of Korea and the richest EU countries. Regarding employment and labor … skills, employment growth has generally been quite stagnant in all regions. Labor skills, for which we use the wage premium …

Africa. But employment in African manufacturing has grown rapidly over the past 20 years. These employment gains have been … accompanied by: (i) large increases in the number of small manufacturing firms; (ii) limited employment gains in large firms; and … (iii) robust labor productivity growth in Africa's large firms. Limited employment growth in Africa's large manufacturing …