30,459 research outputs found

    Impacts of Agrifood Market Transformation during Globalization on the Poor's Rural Nonfarm Employment: Lessons for Rural Business Development Programs

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    This paper presents emerging evidence pointing to the transmission to developing countries' rural spaces of the impacts of agrifood market transformation occurring at national and global levels. That transmission takes place via retail chains penetrating intermediate cities and rural towns, and urban-based food manufacturers selling products to those chains as well as to traditional shops. The paper presents and justifies three main hypotheses concerning the impacts of that penetration. (1) The direct effect is that the modern retailers and modern-sector processed products directly compete with, and present potentially major challenges to, the processed foods, farm inputs, and commercial services already being undertaken in the RNFE sector by the rural poor among others. (2) The indirect effects is that modern sector firms tend, once they have "modernized" their procurement systems, to prefer larger suppliers if available, and/or small suppliers that have the requisite levels of capital assets. This further translates to a potential labor substitution bias, in particular of unskilled labor, although it may drive skilled labor demand. (3) The production and consumption linkage effects of the above impacts on RNFE firms, laborers, and farmers, all else equal, probably implies greater demand for non-tradeable goods and services in the RNFE that correspond to the demand patterns of the upper stratum of rural consumers. Faced with the above, what can business development programs do? (1) Given the change in the market context, it will be increasingly undesirable and "un-strategic," except in the most remote, hinterland areas, to maintain the separation between competitiveness and nonfarm employment programs. At least for RNF activities that supply processed products, farm inputs, and retail commerce, RNF enterprises will need to face the same general challenge that exporters in their country face on the global market, and urban firms face, which is to compete on cost and quality. (2) Second, maintaining the analogy to international competitiveness, it will be necessary go beyond a generic competitiveness approach, to employ a "customized competitiveness" strategy (a term used by Reardon and Flores 2006 for export programs, but applicable here). Such an approach focuses on understanding the specific requirements of transformed markets and building the capacity of particular groups to respond to those requirements (as suppliers) or match cost and quality and compete for specific niches. The capital assets that programs should building include market intelligence capital, organizational capital, technology capital, and financial (and risk reduction) capital. (3) In the economic transformation, this time in the rural space, the poorest, those with least assets, are again vulnerable. Special attention should be paid to equipping those households and firms to participate in the increasingly challenging rural nonfarm economy.Community/Rural/Urban Development,

    SEZ proliferation in India: are the objectives being realized?

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    This paper analyzes if the industrial policy framework of the Indian Government with regard to the proliferation of SEZs has satisfied its aims and objectives. The analysis however, shows otherwise. The empirical results show that the policy of the Indian Government has been lopsided, wherein the concentration of SEZs has increased in States which face lower levels of unemployment and a comparably high level of FDI inflow. Further, the concentration of the SEZs has been restricted majorly to the IT industry resulting in rigidity in the export mix. Policy implications hint towards a diversification of the SEZ industry portfolio and in increasing the size and therefore, the economic impact of these zones.Indian Industrial Policy, FDI, Unemployment, Export, Economic Development

    The data chase : what's out there on trade costs and nontariff barriers ?

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    Trade costs and nontariff barriers are at the forefront of discussions on competitiveness and expanding trade opportunities for developing countries. This paper provides a summary overview of data and indicators relevant to these issues and has been informed by work underway at the World Bank on trade facilitation over the past several years to catalogue data sets and indicators. Although there has been progress in expanding data sets and developing policy-relevant indicators on trade costs and barriers, much more is needed. In order to assess progress toward achieving the Millennium Development Goals, evaluating the impact of development projects, and whether meeting Aid for Trade goals will be met, for example, a dedicated and expansive new effort to collect and assess data is needed. This paper attempts to highlight gaps in data on trade costs and provides insight into the type of new data that might be developed in the future.Transport Economics Policy&Planning,Economic Theory&Research,Trade Law,Free Trade,Trade Policy

    Unleashing The Growth Potential Of Indian MSME Sector

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    The MSME sector occupies a position of strategic significance in the Indian economic structure. This sector contributes nearly eight per cent to country’s GDP, employing over 80 million people in nearly 36 million widely-dispersed enterprises across the country; accounting for 45 per cent of manufactured output, 40 per cent of the country’s total export, and producing more than 8000 valueadded products ranging from traditional to high-tech. Furthermore, these enterprises are the nurseries for innovation and entrepreneurship, which will be key to the future growth of India. It is also an acknowledged fact that this sector can help realise the target of the proposed National Manufacturing Policy to enhance the share of manufacturing in GDP to 25 per cent and to create 100 million jobs by the end of 2022, as well as to foster growth and take India from its present two trillion dollar economy to a 20 trillion dollar economy. Despite the sector’s high enthusiasm and inherent capabilities to grow, its growth story still faces a number of challenges. In this light, the present paper examines the role of Indian MSMEs in India’s economic growth and explores various problems faced by the sector. The paper also attempts to discuss various policy measures undertaken by the Government to strengthen Indian MSMEs. Finally, the paper proposes strategies aimed at strengthening the sector to enable it to unleash its growth potential and help make India a 20 trillion dollar economy

    "Globalization and Urban Growth: Evidence for Bangalore (India)"

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    This paper aims at economic analysis of globalization and urban growth of Bangalore (capital of Karnataka State, and globally known as Silicon Valley of India, IT Hub of Asia, and IT Capital of India) in South India. It offers new insights and evidence for information and communication technology (ICT) sector as a major source for selective globalization and urban growth. Estimated combined contribution of ICT manufacturing and services to Bangalore's economic growth is compared with regional, national and international (OECD average) levels. Empirical results support for a remarkable performance of Bangalore at all levels, mainly driven by ICT sector. In addition, Bangalore's valuable contributions to regional and national economic growth are singled out. Available and new evidence are put together to explain select factors behind Bangalore's phenomenal economic growth under globalization.

    Research on Transforming Capability of Economic System and Its Impact on Urban Competitiveness

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    With rapid development of Internet, ICT-drive forces for stimulating productivity and economic growth are becoming hot issues nowadays. Chengdu, Chongqing, Xi’an and Kuming are representatives of advanced productivity in Southwest China. Digitalization of economic system in these cities has raised a topic of great importance regarding transforming capabilities on Internet. To accelerate transforming and to foster sustainable growth, the research moves beyond ICT adoption to explore internal factors to speed up transforming in economic systems of the four cities. Evaluation Framework of Transforming Capabilities (EFTC) and Fuzzy Comprehensive Evaluation Model (FCEM) are proposed, and empirical data of the observing cities’ during 2010-2015 has been collected. We further our research to the extent of internal regional economic system, and try to identify common factors in transforming based on industrial theory. Our research yields four findings. 1) Transforming capabilities range slightly in growth poles in South-west China; 2) New growth poles are shaping when economic society transforming on Internet; 3) Regions will face increasing pressure to develop on Internet;4) Internal industrial structure has dominant impact on transforming capabilities. Finally, we offer recommendations regarding accelerating economic system transforming on Internet
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