Global recession is likely to hit the skilled sector or the so-called white goods, white collared sector in a typical developing economy. In this paper we try to analyze the impact of such an event on informal wage as the vast majority of the workforce in the developing world is employed in the...

Emigration leads to finite changes in structure of production and sectors vanish because they cannot pay higher wages. Does emigration of one type of labor hurt the other non-emigrating type in this set up? We demonstrate various scenarios when real income of the emigrating and the...

The informal economy has emerged as one of the most dynamic and active segments of the entire developing world. Contemporary studies show that markets and competition both play dominant roles in determining wages in the informal sector. One major theme that we shall discuss deals with how the...

Attaining financial self sufficiency has never been an important agenda for the Panchayati Raj Institutions (PRIs) for the states in India. It has, in fact, performed more as an instrument of expenditure decentralization instead of functioning as a driver of financial decentralization. Quite...

A large number of studies have predominantly focused on the urban informal manufacturing sector broadly classified as the NDMEs and OAMEs. However, their rural counterparts, despite covering two-thirds of the units overall, are often neglected. These organizations suffer largely from lack of...

Measurement of the dynamic elasticity of resource allocation in cloud computing continues to be a relevant problem in the related literature. Yet, there is scant evidence on determining the dynamic scaling quotient in such operations. Elasticity is defined as the ability to adapt to the changing...

This chapter demonstrates the role of financial sector in achieving the demographic dividends for the Indian economy. We developed an aggregative macro-econometric model supplemented by sectoral analysis of saving, investment and industrial productivity to explore possible connections. The model...

The low-income households in the South Asian countries are highly sensitive to climate-intensive sectors like agriculture, mainly via negative impact for the food production system as a whole. Therefore, the climate-induced supply shortfalls in agriculture and consequent food price shocks may...

The international trade in goods and services is dominated by multi-market firms. A firm’s decision to sell in the domestic market vis-à-vis the foreign market depends on a number of factors including transport costs, price uncertainties and the barriers to trade. We study the effect of a...

Studies on illegal labor migration to rich countries are strongly policy driven and welfare-centric. Border control and employer interdiction are the most popular policies for controlling illegal entries. We review a large body of literature on illegal immigration in general and smuggling and...