India's development experience over the past fifty years suggests that the increasing importance of the services sector deserves analysis.  The literature on structural change has emphasised changing patterns of demand as an explanation for the increasing importance of the services sector.  In...

Purpose – The aim of this paper is to analyse the cross-country variation in the growth elasticity of poverty across a sample of developing countries during the period from 1990 to 2000. Design/methodology/approach – In order to identify variables that may explain the cross-country variation...

For some observers, the dramatic growth of the services sector in India reflects rapid strides made by educated professionals.  Some others see it as the expansion of an employer of last resort.  Given this heterogeneity, the object of the paper is to analyze the nature of employment being...

For some observers, the dramatic growth of the services sector in India reflects rapid strides made by educated professionals. Some others see it as the expansion of an employer of last resort. Given this heterogeneity, the object of this article is to analyse the quality of employment being...

It is often argued that the rapid growth of the services sector in India maybe notional rather than real. This is because increased ‘contracting out' to specialist providers results in economic activity, which was earlier subsumed in manufacturing or agriculture value added, to be...

In general, economists have treated the services sector as a black box. India, where the sector now dominates economic activity, is no exception. The object of this paper is to develop a taxonomy of the services sector with reference to different economic characteristics. Analysing data from...

It is well established in the literature that, on average, economic growth is associated with reductions in income poverty. However, evidence suggests that some countries see a much faster decline in poverty with the same level of growth in income. The objective of this paper is to analyse the...

The global financial crisis and its aftermath have triggered extraordinary policy responses in advanced countries. The impacts of these policy responses?from asset price bubbles to currency depreciations?have often been felt in the developing world. As tapering talk evolves into actual...

This paper uses a dynamic macro-micro framework to evaluate the potential distributional effects of the expansion of the Panama Canal. The results show that large macroeconomic effects are only likely during the operations phase (2014 and onwards), and income gains are likely to be concentrated...

This book contains a selection of studies discussed at the first and second Regional Meetings on Computable General Equilibrium, which were held, respectively, in Santiago, Chile on 13 and 14 April 2007 with the collaboration of the Centre for International Prospective Studies and Information...