India has undertaken extensive reforms in its manufacturing sector over the last two decades. However, an acceleration of growth in manufacturing, and a corresponding increase in employment, has eluded India. Why have the reforms not produced the intended results? Using Annual Survey of...

Many emerging countries in recent decades have relied on a development strategy that focused primarily on promoting the manufacturing sector and the exports of manufactured goods. However, an acceleration of growth of output and employment in manufacturing has eluded India. This is despite the...

Economic reforms along with its promise of increasing income and growth rates have also raised concerns about its distributional implications. These concerns are at the heart of the arguments of those who oppose certain economic reforms. Focusing on the economic reforms implemented in India, we...

This research work is an empirical analysis of the determinants of long-run growth and technical progress in five Southeast Asian countries, Indonesia, Malaysia, the Philippines, Singapore, and Thailand, i.e., the ASEAN countries, during the last three decades. We ask the fundamental question of...