The Service Sector In Indias Development
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Author | : Gaurav Nayyar |
Publisher | : World Bank Publications |
Total Pages | : 364 |
Release | : 2021-10-18 |
Genre | : Business & Economics |
ISBN | : 1464817103 |
Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Author | : Gaurav Nayyar |
Publisher | : Cambridge University Press |
Total Pages | : 313 |
Release | : 2012-05-28 |
Genre | : Business & Economics |
ISBN | : 1107379601 |
A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other developing economies. Is the increasing share of the service sector in India's total output simply notional, as several activities that were earlier classified in the industrial sector are now subsumed in services' value added, or because the relative price of services has increased over time? No. The sector's growth is real - it is linked to household final demand, policy reforms and increased service exports. Is this service-led growth process sustainable? That remains an open question because the service sector is highly heterogeneous, ranging from software services and business process outsourcing to wholesale and retail trade and personal services. These subsectors vary considerably in the context of different economic characteristics that are important for development.
Author | : Shashanka Bhide |
Publisher | : Routledge Chapman & Hall |
Total Pages | : 0 |
Release | : 2023-09-25 |
Genre | : |
ISBN | : 9780367623098 |
This book addresses a range of issues on the growth of India's services sector, including factors contributing to the rise of services, output measurement and heterogeneity, growth of services exports, and employment in services sectors.
Author | : Gur Ofer |
Publisher | : Harvard University Press |
Total Pages | : 228 |
Release | : 1973 |
Genre | : Business & Economics |
ISBN | : 9780674801806 |
Comparison of the service sector in the USSR and abroad - maintains that the small share of the service sector in the soviet economy is due chiefly to the socialist economic system and to its economic growth strategy, covers theoretical aspects, industrial aspects, the industrial structure, service labour force, the service gap in commerce, etc., and relies primarily on data for the period up to 1968. Bibliography, references and statistical tables.
Author | : Pradip Kumar Biswas |
Publisher | : Springer |
Total Pages | : 333 |
Release | : 2019-08-09 |
Genre | : Business & Economics |
ISBN | : 9811382697 |
The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
Author | : Matthew McCartney |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : India |
ISBN | : 9781788211826 |
Author | : Juan R. Cuadrado-Roura |
Publisher | : Springer |
Total Pages | : 0 |
Release | : 2015-04-12 |
Genre | : Business & Economics |
ISBN | : 9783642427121 |
The service sector in most advanced economies accounts for up to seventy percent of employment and GDP and, given its growing importance, has received much research attention over the last two decades. However, not very much attention has been paid to the relationship between this sector and both its territorial impact and regional effects. The main objective of this book is to offer a comprehensive approach to these aspects, focusing particularly on the location factors of service industries and the importance of some specific services, such as business services and knowledge and information services. The contributions have been prepared by well-known experts in the field from a wide number of countries. The focus of all contributions is not only on theoretical aspects, but also provides empirical analyses on specific countries and topics such as the geographical concentration, globalization impacts, foreign direct investments, and innovation.
Author | : A. Santos-Paulino |
Publisher | : Springer |
Total Pages | : 303 |
Release | : 2010-10-13 |
Genre | : Business & Economics |
ISBN | : 0230282091 |
This volume is a timely addition to the emerging literature on the rise of China and India, focusing on how rapid economic growth and geopolitical changes in these countries are reshaping the world economy and global governance. It covers issues such as productivity, labor market, trade competition, and energy.
Author | : Ajit Kumar Ghose |
Publisher | : Oxford University Press |
Total Pages | : 147 |
Release | : 2019-09-20 |
Genre | : Business & Economics |
ISBN | : 0190990066 |
Over the last two decades, a fascinating growth story has unfolded in India. Yet, the improvement in material conditions for the country’s vast majority has not kept pace with that growth. This is mainly because India is still grappling with poor employment conditions and widespread unemployment. However, there is not much clarity on the exact nature of this problem and the steps required to tackle it. This short introduction addresses this lack of information. Reviewing the evolution of employment conditions in India since Independence, this volume underscores the linkages between it and economic growth and development. It not only clearly outlines the contours of the employment challenge that India is now confronted with but also discusses viable ways of overcoming this hurdle.
Author | : Chetan Ghate |
Publisher | : OUP USA |
Total Pages | : 973 |
Release | : 2012-03-13 |
Genre | : Business & Economics |
ISBN | : 0199734585 |
India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.