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Tag Search: “growth”

How tradable services can aid the jobs challenge in India

Although the rising demand for services has led to its increased contribution to employment in many developing countries and globally, India's growth in services has not translated into a proportionat...

  • Perspectives

How NBFCs are reinventing MSME finance

Even though micro and small enterprises make up over 99% of MSMEs in India, they receive a relatively small proportion of bank credit. Chandra and Muthusamy look at how lending to MSMEs has evolved ov...

  • Perspectives

The role of cities in ensuring good jobs

In light of India's rapid urbanisation, Rana Hasan looks at various factors which set large cities apart from smaller cities and rural areas: more job opportunities, higher wages, large manufacturing ...

  • Perspectives

Changing the frame: Making small firms compete like large ones

Although small firms have natural advantages, they face constraints when it comes to reach and scale; this prevents them from competing with larger firms. Pankaj Chandra shares business models from It...

  • Perspectives

Has the export-oriented manufacturing model reached its sell-by date for India?

As India faces the challenge of creating millions of well-paying jobs for its rapidly growing working-age population, Devashish Mitra analyses which sectors and what strategies can provide these good ...

  • Perspectives

Introduction to e-Symposium: The good jobs challenge in India

One of the primary concerns for India is the question of jobs – specifically good quality jobs. Why has India lagged in creating opportunities for its working age population, and how different sectors...

  • Symposium

Barriers to upgrading in developing countries

In recent decades, several countries have seen rapid development, aided in part by the adoption of advanced technologies. In this post, Eric Verhoogen looks at recent research to highlight the factors...

  • Perspectives

The effect of easing labour restrictions: Evidence on employment in Rajasthan

Stringent labour laws in India can hinder firms’ growth and increase the incidence of informal and contract employment. Looking at evidence from firms in Rajasthan after the amendment of the Industria...

  • Articles

Demographic and development outcomes of administrative proliferation

This creation of new administrative districts by splitting existing districts is a frequent occurrence in India, where the number of districts has more than doubled in the last four decades. Looking a...

  • Articles

The post-pandemic global inequality boomerang

Global inequality has fallen over the last three decades, despite a rise in inequality within some countries. This article uses a World Bank database covering the years 1981-2019 to posit that the dec...

  • Articles

Little evidence for 'too much finance'

The current consensus that the finance-growth nexus is more complex than previously assumed has led to concerns about ‘too much finance’. Using a large panel dataset over six decades, this article fin...

  • Articles

International financial architecture and emerging economies

Policy responses to Covid-19 have been a mix of fiscal and monetary policy – with the latter doing the heavy-lifting in both developed and developing countries. Against this backdrop, in this edition ...

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