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on Central and Western Asia |
| By: | Ajit Singh; Sukti Dasgupta |
| Abstract: | This paper revisits the role of manufacturing and services in economic development in the light of the following new facts: (a) a faster growth of services than that of manufacturing in many developing countries (DCs). (b) The emergence of Òde-industrialisationÓ in several DCs at low levels of per capita income. (c) Jobless growth in the formal sector even in fast growing countries such as India and (d) a large expansion of the informal sector in both fast growing and slow growing DCs. Although the paper examines these phenomena in the specific case of the Indian economy, the analysis has much wider application, both for economic policy and for theories of growth and structural change. |
| Keywords: | manufacturing, services, de-industrialisation, developing countries |
| JEL: | O14 |
| URL: | http://d.repec.org/n?u=RePEc:cbr:cbrwps:wp310&r=cwa |
| By: | Kulwindar Singh (Centre for Civil Society) |
| Abstract: | The Concept of Foreign Direct Investment is now a part of India's economic future but the term remains vague to many, despite the profound effects on the economy. Despite the extensive studies on FDI, there has been little illumination forthcoming and it remains a contentious topic. The paper explores the uneven beginnings of FDI, in India and examines the developments (economic and political) relating to the trends in two sectors: Industry and Infrastructure and sub sector Telecom, to illustrate that. |
| Keywords: | India FDI, FDI liberalization |
| JEL: | O P |
| Date: | 2005–11–12 |
| URL: | http://d.repec.org/n?u=RePEc:wpa:wuwpdc:0511013&r=cwa |
| By: | Emma Xiaoqin Fan; Jesus Felipe |
| Abstract: | This paper documents the diverging patterns of capital accumulation, profit rates, investment rates, capital productivity and technological progress of China and India since 1980. It is concluded that the two Asian economies have followed very different growth patterns, and as a consequence, they face different challenges for the future. India's problem is how to accelerate growth, while China's is how to sustain it. India must address impediments to investment so as to increase its investment rate. China must deal with the question of whether investment can continue being the main source of growth given that profit rates and capital productivity are decreasing and that the economy has created substantial excess capacity. |
| JEL: | O10 O30 O40 O53 O57 |
| Date: | 2005–11 |
| URL: | http://d.repec.org/n?u=RePEc:pas:camaaa:2005-22&r=cwa |
| By: | Amelie Constant (IZA Bonn); Yochanan Shachmurove (Department of Economics, University of Pennsylvania); Klaus F. Zimmermann (Bonn University, IZA and DIW Berlin) |
| Abstract: | This paper addresses a central issue to migration the role of immigrants in entrepreneurial activity. In particular, the paper focuses on the determinants of the decision to become an entrepreneur for Turks living in Germany. The paper provides some important benchmarks, including the self-employment behavior of natives. The paper utilizes a comprehensive and reliable data base, the German Socioeconomic Panel to undertake systematic econometric analyses using appropriate statistical methods. The findings are that observable characteristics play different roles in the self-employment choice of immigrants and natives, whereas age-earnings profiles are similar for native and immigrant entrepreneurs. |
| Keywords: | Entrepreneurship, Self-employment, Immigration, Guest-workers, Turkey, Germany, European Union, German Socioeconomic Panel Data, Binomial Logit, Treiman international occupational prestige scale. |
| JEL: | J0 C23 C25 F22 J23 J61 |
| Date: | 2005–10–01 |
| URL: | http://d.repec.org/n?u=RePEc:pen:papers:05-029&r=cwa |