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Business and Economics > Production and Operations Management

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Development Planning and Policy: General x
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Cover IMF Working Papers
Unleashing India’s Growth Potential
Shinya Kotera
and
Ms. TengTeng Xu
This paper analyzes the drivers of India’s growth in the past five decades and considers baseline and upside scenarios of India’s medium-term potential growth. Using a production function approach, the paper assesses the impact of the pandemic on the key factors of production and therefore its impact on medium-term growth. Successful implementation of wide-ranging structural reforms could help support productivity and potential growth over the medium term.
Keywords:
India; Potential Growth; Labor Markets; Capital; Productivity; Pandemic; Production Function Approach; Structural Reforms.; upside scenario; TengTeng xu; impact of the pandemic; growth rate; Total factor productivity; COVID-19; Human capital; Global
Cover IMF Working Papers
Dissecting Economic Growth in Uruguay
Ms. Natasha X Che
Uruguay experienced one of its biggest economic booms in history during 2004-2014. Since then, growth has come down significantly. The paper investigates the various causes of the boom and discusses the sustainability of these causes. It then compares Uruguay against high-growth countries that were once at a similar income level, across a broad set of structural indicators, to identify priority reform areas that could improve long-term growth prospect.
Keywords:
economic growth; Uruguay; commodity price boom; sustainable growth; economy of Uruguay; WP; convergence record; income convergence; soybean export; terms of trade; Uruguay economy
Cover IMF Working Papers
Rethinking Development Policy: Deindustrialization, Servicification and Structural Transformation
Manoj Atolia
,
Mr. Prakash Loungani
,
Milton Marquis
, and
Mr. Chris Papageorgiou
This paper takes a fresh look at the current theories of structural transformation and the role of private and public fundamentals in the process. It summarizes some representative past and current experiences of various countries vis-a-vis structural transformation with a focus on the roles of manufacturing, policy, and the international environment in shaping the trajectory of structural transformation. The salient aspects of the current debate on premature deindustrialization and its relation to a middle-income trap are described as they relate to the path of structural transformation. Conclusions are drawn regarding prospective future paths for structural transformation and development policies.
Keywords:
Development policies; structural transformation; premature deindustrialization; middle-income trap; push factors; growth diagnostics; high-productivity IT service; export structure; net importer; open economy; labor-saving technology; high-productivity service; middle-income economy; productivity economy; Manufacturing; Income; Productivity; Employment; Global