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Sectoral Engines of Growth in Developing Asia: Stylized Facts and Implications
(Asian Development Bank, 2007-11-01)
This paper provides an analysis of developing Asia’s growth experience from the point of view of its structural transformation during the last three decades. The most salient feature of this transformation has been the significant decrease in the share ...
Manufacturing Matters...but It’s the Jobs That Count
(Asian Development Bank, 2014-11-15)
This paper asks, first, whether today’s developing economies can achieve high-income status without first building large manufacturing sectors. We find that practically every economy that enjoys a high income today experienced a manufacturing employment ...