prospects as an engine of growth. Our analysis resoundingly confirms the conventional wisdom of an underperforming service …

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 … paper is to empirically analyze the prospects for the service sector as a future engine of growth. Our analysis of 12 Asian …

Growth and poverty reduction in Africa are weakly linked. This paper argues that the reason is that Africa has failed … to create enough good jobs. Structural transformation - the relative growth of employment in high productivity sectors … - has not featured in Africa's post-1995 growth story. As a result, the region's fastest growing economies have the least …

relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …

This paper examines the link between structural change and growth in India. It constructs indices of structural change … from structural change to growth for the period 2000- 2006. This finding emerges only if one assumes that the disturbances …

This paper documents that structural change positively contributed to labor productivity growth in Guinea during 2006 …-15. However, the contribution of structural change to productivity growth was modest (about one percentage point per year on … of structural change to productivity growth has declined over time, mainly due to the increased labor market rigidity …

cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that … there is an upward trend in the persistence level of growth across centuries. In particular, shocks originated by pandemics … in recent times seem to have a permanent effect on growth. Moreover, our results show that the unemployment rate …