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...

The informal manufacturing sector, characterized by activities such as handicrafts, cottage industries, micro-enterprises, and small-scale industries, contributes significantly to local economies. It provides livelihoods for millions, representing a substantial portion of the global workforce...