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ID:
159807
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| Summary/Abstract |
This article presents a quantitative analysis of growth, structural change and employment linkages at the aggregate level and by sector under the state- and market-led regimes in India. The underlying objectives are: (a) to understand how economic liberalization has affected the economic and labour market structures, and linkages thereof; and (b) to analyse how these dynamics have affected the generation of productive employment in the economy. The analysis is based on Shapley decompositions. Our results suggest that the contribution of structural change in employment to growth declined drastically and secularly as the country transitioned to a high-growth regime driven by globalization. The sector-level analysis indicates that employment opportunities are not being created in high-productivity sectors and segments. Thus, despite a high-growth rate in GDP per capita and productivity-enhancing structural transformation in GDP, a vast population is still trapped in employment that cannot be qualified as productive employment. The study attributes it to trade-induced economic specialization accompanied with weakening of internal inter-sectoral linkages. The article makes a strong case for strategic government intervention to broad base structural change for generating productive employment, which is at the core of poverty reduction.
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| 2 |
ID:
168786
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| Summary/Abstract |
This study explores the relationship between special economic zones and regional integration in ASEAN countries, and identifies how to leverage the attributes of SEZs to deepen regional integration for regional development. The key argument is that SEZs can play a vital role in promoting regional integration if ASEAN member nations join hands to craft a visionary strategy.
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| 3 |
ID:
116631
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| Publication |
2012.
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| Summary/Abstract |
The present study examines the ingredients of strategic state intervention in growth driven by special economic zones (SEZs). Analyzing the experiences of Taiwan, South Korea, and India, the research reveals that essential components of a strategic SEZ policy include the spirit of experimentation with strategic policy making informed by a medium- to long-term vision, as well as a strong commitment, pragmatic approach, dynamic learning, and institution-building.
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