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Author : Gemma Esther B. Estrada
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (843 download)
Download or read book The Service Sector in Lower-Income Asian Economies written by Gemma Esther B. Estrada and published by . This book was released on 2013 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marcus Noland
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (822 download)
Download or read book Developing the Service Sector as Engine of Growth for Asia written by Marcus Noland and published by . This book was released on 2012 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The maturing of the manufacturing sector in many Asian countries, combined with the relative backwardness of its service sector, has made service sector development a top priority for developing Asia. Our central objective is to broadly survey and analyze the current landscape of the region's service sector so as to assess its potential to serve as an engine for inclusive economic growth. Our analysis indicates that services are already an important source of output, growth, and jobs in the region. However, its productivity greatly lags that of the advanced economies, which implies ample room for further growth. The impact of service sector on poverty reduction is less clear but we do find some limited evidence of a poverty reduction effect. One key challenge for all Asian countries is to improve the quality of service sector data. Overall, while service sector development is a long and challenging process, creating more competitive services markets by removing a wide range of internal and external policy distortions is vital for improving service sector productivity. As important as such policy reforms are, complementary investments in physical infrastructure and human capital will also be necessary to achieve a strong service sector.
Author : Asian Development Bank
Publisher :
ISBN 13 : 9789292542634
Total Pages : 390 pages
Book Rating : 4.5/5 (426 download)
Download or read book Developing the Service Sector as an Engine of Growth for Asia written by Asian Development Bank and published by . This book was released on 2013 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David W. Roland-Holst
Publisher :
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.:/5 (875 download)
Download or read book Growth Horizons for a Changing Asian Regional Economy written by David W. Roland-Holst and published by . This book was released on 2014 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Malhar Nabar
Publisher : International Monetary Fund
ISBN 13 : 1475525966
Total Pages : 32 pages
Book Rating : 4.4/5 (755 download)
Download or read book Sector-Level Productivity, Structural Change, and Rebalancing in China written by Mr.Malhar Nabar and published by International Monetary Fund. This book was released on 2013-11-27 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While patterns of structural transformation across China's provinces are broadly in line with international experience, one important difference is in labor productivity differentials between services and the rest of the economy. Specifically, the gap between labor productivity in the rest of the economy and services has widened across China's provinces as they have moved from low to middle income, which is contrary to the trend observed in cross-country experience. Evidence from a panel of China's provinces suggests that credit and labor market frictions have inhibited labor productivity growth in services relatively more than in the rest of the economy. Reducing these frictions is essential for achieving the next stage of China's development, one in which the service sector will need to play a more prominent role as an engine of growth. The evidence also suggests that improving labor productivity in services will lift the consumption share of GDP, thereby advancing the needed rebalancing of domestic demand in China.
Author : Jong-Wha Lee
Publisher :
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.:/5 (13 download)
Download or read book Service Sector Productivity and Economic Growth in Asia written by Jong-Wha Lee and published by . This book was released on 2014 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and capital movements across industries and economies, and consumption and investment dynamics. We find that faster productivity growth in the service sector in Asia benefits all sectors eventually, and contributes to the sustained and balanced growth of Asian economies, but the dynamic adjustment is different across economies. This adjustment depends on the sectoral composition of each economy, the capital intensity of each sector, and the openness of each sector to international trade. In particular, during the adjustment to higher services productivity growth, there is a significant expansion of the durable manufacturing sector that is required to provide the capital stock that accompanies the higher aggregate economic growth rate.
Author : Naoyuki Yoshino
Publisher : Asian Development Bank
ISBN 13 : 9784899740797
Total Pages : 416 pages
Book Rating : 4.7/5 (47 download)
Download or read book Avoiding the Middle-Income Trap in Asia written by Naoyuki Yoshino and published by Asian Development Bank. This book was released on 2017-12-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the factors that hinder or support the transition. This book defines the middle-income trap and examines the roles of manufacturing, finance, and trade openness in achieving sustainable development. The book also explores the role of government policy in fostering growth in the People's Republic of China. A common theme is that such policies may have unforeseen side effects that undermine their effectiveness, including how the hukou registration system and land-use policy control the pace of urbanization.
Author : Scott Hipsher
Publisher : Elsevier
ISBN 13 : 0857094491
Total Pages : 353 pages
Book Rating : 4.8/5 (57 download)
Download or read book The Private Sector’s Role in Poverty Reduction in Asia written by Scott Hipsher and published by Elsevier. This book was released on 2013-01-07 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: The private sector has an important role in poverty reduction in Asia. The Private Sector’s Role in Poverty Reduction in Asia argues that the best way to create sustainable projects is to create win-win situations where both private companies and individuals working their way out of poverty can benefit. The book provides a practical guide for managers and individuals working in the private sector in the least developed areas of Asia to help make a difference to the lives of others. The book’s opening chapter considers the private sector’s role in poverty reduction in Asia and following chapters discuss the variable nature of development, developing economy environments in Asia and business practices and strategies in these economies. A number of Asian economies are considered in turn, including: China; Vietnam; Thailand; Cambodia; Laos PDR; Southeast Asian countries; South Asian countries; Central Asian countries; and the Himalayas. The final chapter looks at creating sustainable win-win situations. Focuses on practical advice for acting managers Uses primary research carried out in developing economies, with interviews and ideas from local managers and business owners Covers a variety of academic theories, empirical evidence and personal experiences of individuals working in the region
Author : Andrew D. Mason
Publisher : World Bank Publications
ISBN 13 : 146481371X
Total Pages : 194 pages
Book Rating : 4.4/5 (648 download)
Download or read book A Resurgent East Asia written by Andrew D. Mason and published by World Bank Publications. This book was released on 2019-01-11 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia has been a paragon of global development success. The dramatic transformation of the region over the past half century—with a succession of countries having progressed from low-income to middle-income and even to high-income status—has been built on what has come to be known as the “East Asian development model.†? A combination of policies that fostered outward-oriented, labor-intensive growth while strengthening basic human capital and providing sound economic governance has been instrumental in moving hundreds of millions of people out of poverty and into economic security. Yet East Asia’s economic resurgence remains incomplete. More than 90 percent of its people now live in 10 middle-income countries, many of which can realistically aspire to high-income status in the next generation or two. But these countries are still much less affluent and productive than their high-income counterparts. Even as the region’s middle-income countries attempt to move up to high-income status, they confront a rapidly changing global and regional economic environment. Slowing growth in global trade and shifts in its patterns, rapid technological change, and evolving country circumstances all present challenges to sustaining productivity growth, fostering inclusion, and enhancing state effectiveness. A Resurgent East Asia: Navigating a Changing World is about how policy makers across developing East Asia will need to adapt their development model to effectively address these challenges in the coming decade and sustain the region’s remarkable development performance. “The world is changing. How do East Asia’s developing economies navigate this change? This is a commendable book on this topic—a must-read for policy makers, academia, and students who are interested in East Asia.†? — Chatib Basri, Former Minister of Finance, Government of Indonesia “A Resurgent East Asia is a vital publication for the most successful region as it looks to the future and the expectations of its citizens. This study helps to identify the new areas of risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resource for governments. Based on first-rate analysis, it is a must-read for policy makers and everyone interested in East Asia’s development prospects!†? — Danny Leipziger, Managing Director, The Growth Dialogue, and Professor of International Business, George Washington University “This report delivers a careful and rigorous analysis of the strengths of East Asia’s ‘growth with equity’ development strategy. While noting the model’s success in lifting millions out of poverty, the report also warns of the looming challenge of maintaining growth with inclusion, and it highlights the need for countries to improve their social protection systems and ensure that opportunities are fair and available to all. A must-read for policy makers and development practitioners alike.†? — Ana Revenga, Senior Fellow, Brookings Institution
Author : Donghyun Park
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (823 download)
Download or read book The Service Sector in Asia written by Donghyun Park and published by . This book was released on 2012 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 economies indicates that the service sector already contributed substantially to the region's growth in the past. Furthermore, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor productivity grew at a healthy pace in much of the region. Overall our analysis provides substantial cause for optimism about the role of the service sector as an engine of growth in Asia. However, some Asian countries where the service sector is currently struggling, such as the Republic of Korea and Thailand, will find it more challenging to develop the sector.
Author : Norman Gemmell
Publisher : Palgrave Macmillan
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.3/5 (91 download)
Download or read book Structural Change and Economic Development written by Norman Gemmell and published by Palgrave Macmillan. This book was released on 1986-08-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural change, economic development, service sector, case study, Egypt - public sector, private sector, tax system and financing of public services, economic growth, employment. Bibliography, graphs, statistical tables.
Author : Gary Fields
Publisher : Springer
ISBN 13 : 9811378037
Total Pages : 267 pages
Book Rating : 4.8/5 (113 download)
Download or read book Labor Income Share in Asia written by Gary Fields and published by Springer. This book was released on 2019-08-09 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first study that puts together a comprehensive and in-depth analysis of the drivers of the labor income share across a number of countries in Asia. This book provides an insightful companion to the study of labor income shares that plays a vital role in understanding the relationship between national income and personal income, and the relationship between wage inequality and wealth inequality. The timing of the book is ideal, as the ongoing debate over a global decline in the labor income share is far from settled. To this extent, evidence from the Asian countries is mixed. The labor income share in some Asian countries has been rising since the 1990s. The purpose of this edited volume is to gain more insights on the potential drivers of the Asian experience. The first half of the book pays attention to the measurement problems related to the earnings of self-employed and workers in the informal sector. Then it puts together country case studies examining a wide range of factors driving the labor income share in Asia.
Author : B. N. Ghosh
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.F/5 ( download)
Download or read book A Tale of Two Economies written by B. N. Ghosh and published by . This book was released on 2009 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book analyses the development dynamics of India and China comparing the growth differentials of these two Asian population superpowers. The analysis draws on theories, empirics, policies and problems to elucidate the reasons for such growth differentials, and to throw some light on issues concerning the possibility of convergence and the sustainability of their growth momentum. The book also delineates the important lessons that can be emulated by other developing economies from the development dynamics of these emerging Asian economies.
Author : Matthias Helble
Publisher : Brookings Institution Press
ISBN 13 : 4899741189
Total Pages : 0 pages
Book Rating : 4.8/5 (997 download)
Download or read book Leveraging Services for Development written by Matthias Helble and published by Brookings Institution Press. This book was released on 2019-10-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The services economy is on the rise all around the world, and services now comprise the largest share of economic activity and employment in almost every country. This book presents the latest evidence demonstrating how technologies and globalization have transformed the services industry. Services are becoming increasingly tradable under World Trade Organization rules and regional trade agreements, and some services subsectors are also seeing rates of productivity growth comparable to that in manufacturing. At the same time, services are increasingly contributing to manufacturing success, and countries’ overall economic competitiveness now hinges crucially on the availability of high-quality and affordable services inputs. Furthermore, a well-functioning services sector can accelerate human development through better access to basic needs, such as education, energy, finance, health, water, and sanitation. Services can also be a source of good jobs with fewer negative environmental and social externalities. Overall, the ongoing structural transformation toward a services economy is a unique opportunity to achieve long-term income growth, which in turn promotes sustainable development. This book offers suggestions on how to achieve this, and is thus an indispensable read for researchers and policy makers alike.
Author : Mr.Ranil M Salgado
Publisher : International Monetary Fund
ISBN 13 : 1513518291
Total Pages : 78 pages
Book Rating : 4.5/5 (135 download)
Download or read book Is South Asia Ready for Take Off? written by Mr.Ranil M Salgado and published by International Monetary Fund. This book was released on 2019-11-04 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-1980s, durable reforms coupled with prudent macroeconomic management have brought steady progress to the South Asia region, making it one of the world’s fastest growing regions. Real GDP growth has steadily increased from an average of about 3 percent in the 1970s to 7 percent over the last decade. Although growth trajectories varied across countries, reforms supported strong per capita income growth in the region, lifting over 200 million people out of poverty in the last three decades. Today, South Asia accounts for one-fifth of the world’s population and, thanks to India’s increasing performance, contributes to over 15 percent of global growth. Looking ahead, the authors find that South Asia is poised to play an even bigger role in the global economy, in both relative and absolute terms. India has overtaken China as the fastest growing large economy and South Asia’s contribution to global growth is set to increase, while more mature economies decelerate. Greater economic diversification, with an expansion of the service sector, improvements in education, and a still sizable demographic dividend are among the key elements underpinning this performance. Based on demographic trends, more than 150 million people in the region are expected to enter the labor market by 2030. This young and large workforce can be South Asia’s strength, if supported by a successful high-quality and job-rich growth strategy. Amid a changing global economic landscape, the authors argue that South Asia will need to leverage on all sectors of the economy in a balanced way, supporting improvements in agricultural productivity and a sustainable expansion of manufacturing, while promoting higher-skill services, to achieve this goal.
Author : Gaurav Nayyar
Publisher : World Bank Publications
ISBN 13 : 1464817103
Total Pages : 364 pages
Book Rating : 4.4/5 (648 download)
Download or read book At Your Service? written by Gaurav Nayyar and published by World Bank Publications. This book was released on 2021-10-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Author : Harry Tatsumi Oshima
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (791 download)
Download or read book Postwar Growth of the Service Sector in Asian Countries written by Harry Tatsumi Oshima and published by . This book was released on 1978 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
