South Asia has a huge need to create more and better jobs for a growing population †“ especially in the manufacturing industries where it is underperforming as compared to East Asia. The report examines three critical and relatively understudied drivers of competitiveness: -Economies of agglomeration: firms and workers accrue benefits from locating close together in cities or clusters through urbanization and localization. -Participation in global value chains: stronger competitive pressures weed out least productive firms while others improve by gaining access to new knowledge and better inputs. -Firm capabilities: in order to operate close to what would be considered optimum efficiency levels given the prevailing factor prices and thus employ South Asia’s abundant labor. The report shows that South Asia has great untapped competitiveness potential. Realizing this potential would require the governments in the region to pursue second generation trade policy reforms for firms to better contribute to and benefit from global value chains (e.g. facilitating imports for exporters), to facilitate the development of industrial clusters in secondary cities (cheaper and less congested than the metros) as well as to deploy policies to improve the capabilities of firms.
This book argues that light manufacturing can offer a viable solution for Sub-Saharan Africa, given potential competitiveness based on low wage costs and an abundance of natural resources that supply raw materials needed for industries.
This paper analyzes the administrative, political and technical challenges involved in passing and implementing investment climate reforms in developing countries. Drawing on more than 25 case studies, the authors emphasize the role of international bench-marking in triggering reform, the importance of pilot projects for policy learning and experimentation and the need to treat implementation and monitoring as an integral part of the reform process and not merely as an afterthought
The mantra of "dine, wine, and travel" is the framework for this memoir. Vincent DiLoreto had two professional careers: retiring from the first after twenty years as an officer in military service and retiring from the second after another twenty years in the Aerospace and Defense industry where he ultimately served as president of a high-tech company. However, after his retirement, he transitioned to his soul-searing, unbridled passion for gourmet food and fine wine. He pursued formal training as a chef and a sommelier. Extensive world travel enriched his exposure to exotic cuisine and uncommon wine. His wife of over fifty years, Donna Lee, has enthusiastically shared and contributed to his passion to "dine, wine, and travel." Share their lifetime adventure in Plated Ecstasy.
This paper analyzes the administrative, political and technical challenges involved in passing and implementing investment climate reforms in developing countries. Drawing on more than 25 case studies, the authors emphasize the role of international bench-marking in triggering reform, the importance of pilot projects for policy learning and experimentation and the need to treat implementation and monitoring as an integral part of the reform process and not merely as an afterthought
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