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We examine how the services sector could provide decent and gainful employment in developing Asia. Using living wages as a reference point, we report that a significant portion of the workforce in developing Asian economies, the majority of which are employed in the agricultural sector, are not...
Persistent link: https://www.econbiz.de/10012861139
Singapore's remarkable success in economic development has been strongly associated with the country's vigorous efforts to embrace the Information and Communication Technology ICT revolution to promote economic growth. This study provides a comprehensive investigation of the contributions of ICT...
Persistent link: https://www.econbiz.de/10013054028
Uzbekistan in recent 10 years is an extremely successful economy – high growth (8%), low domestic and international debt, undervalued exchange rate, relatively even distribution of income, creation from scratch competitive export oriented auto industry. It is important though to avoid...
Persistent link: https://www.econbiz.de/10013044489
This paper examines how growth has varied across India's states. It finds that (i) the income gap between rich and poor states has widened; (ii) rich and faster-growing states have been more effective in reducing poverty; (iii) poor and slower-growing states have had little success in generating...
Persistent link: https://www.econbiz.de/10012752278
This paper examines how the services sector could provide decent and gainful employment in developing Asia. Using living wages as a reference point, this paper reports that a significant portion of the workforce in developing Asian economies, the majority of which are employed in the...
Persistent link: https://www.econbiz.de/10011992217
There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on the process of economic development. However, controversy arises if this effect is permanent. In this sense, the key point is the embodied technological progress and whether...
Persistent link: https://www.econbiz.de/10011015258
catching up? This paper provides answers to these questions by studying unconditional beta-convergence and sigma-convergence of … labor productivity with the Penn World Table 9.1 dataset. beta-convergence exists if a smaller initial level of an economic … measure is related with a larger growth rate of this measure, whereas sigma-convergence exists if the standard deviation of …
Persistent link: https://www.econbiz.de/10012847356
-09 compared to 1993-2001. Second, nevertheless, there is a continued phenomenon of divergence or rising inequality across states …
Persistent link: https://www.econbiz.de/10014175473
–09 compared to 1993–2001. Second, nevertheless, there is a continued phenomenon of divergence or rising inequality across states …
Persistent link: https://www.econbiz.de/10010616167
In this paper, we analyze the role played by imports and investment on labor productivity and output in China from 1964 to 2004. In doing so, our analysis focuses on the role of technological progress incorporated into the Chinese economy through capital accumulation and imports, which could be...
Persistent link: https://www.econbiz.de/10010573381