In India, economic reforms adopted in 1991 in form of LPG (Liberalization-Privatization-Globalization) removed numerous barriers to grow and offered opportunities to improve productivity, particularly, for the manufacturing sector. But the rationale that manufacturing sector acted as main...

In view of discussion of two crises, Asian Financial crisis, 1997 and global meltdown, 2008 spreading over more than two decades, the objective of this article is to present econometrically whether productivity growth across countries can be a remedial measure toward tackling global recession...