The primary objective of this research is to identify key factors that explain the observed wide variation in patterns of inclusiveness of economic growth - defined here as gross domestic product (GDP) growth that leads to significant poverty reduction - in Asia. In exploring this relationship,...

This paper explores the interconnections between the BRIC economies and the world economy by analyzing their key competitiveness and disadvantages in the global value chains. It shows evidence that the BRIC economies continue in the lower value-added fragments of the global value chains. In the...

Beginning in the 1980s, India has experienced an acceleration of economic growth by way of a promotion of a more efficient pro business and market oriented model. Following the rapid growth of the 1980s, the 1990s brought continued deregulation through market liberalization policies and...

Political stability is an important precondition for economic development. While political stability cannot be created by laws alone, an effective legal framework for political governance, such as a constitution, can facilitate political stability. It is noted that political stability is not...

Sovereign nations grow faster than non-sovereign ones. When Pakistan ceded economic management to the IMF in the late 1980s, the turn to neo-liberalism led to 14 years of decline in long-run rate of investment and growth from which it hasn't recovered. This cost the economy an estimated $75.6...

“Make in India” campaign proposes to “transform India into a global manufacturing hub” and thereby use manufacturing as a vehicle for job growth. Creating more jobs is considered as one of the key tools for achieving inclusive growth in India. The objective of poverty alleviation and...

The National Rural Employment Guarantee Act of 2005 is a major development in the history of poverty reduction strategies and rural development policies in India. Though the successful passage of the Act is due to the long struggle by NGOs, academics, and some policymakers, its successful...

The National Rural Employment Guarantee Act of 2005 is a major development in the history of poverty reduction strategies and rural development policies in India. Though the successful passage of the Act is due to the long struggle by NGOs, academics, and some policymakers, its successful...

The National Rural Employment Guarantee Act of 2005 is a major development in the history of poverty reduction strategies and rural development policies in India. Though the successful passage of the Act is due to the long struggle by NGOs, academics, and some policymakers, its successful...