Based on a unique panel dataset consisting of both formal and informal firms surveyed every other year from 2005 to 2013, this paper explores the benefits of formalization to the government and firm employees in Vietnam. We find that formalization...
This paper analyses the consequences of formalisation on the performance of informal firms, using a panel dataset from Vietnam. We find that switching firms (before switching) have higher profit and value added compared to non-switching firms...
This article views the four economies of the South in a long run historical perspective of 1500-2000. It contrasts the history and the initial endowments of the two Northern hemisphere economies China and India which are land scarce and labour...
Part of Journal Special Issue The Rise of China and India
Part of Journal Special Issue Southern Growth Engines and Technology Giants
With the aid of an analytical framework of the Lewis model revised to reflect the experience of China, this paper examines the country’s dualistic economic development and its unique characteristics. The paper outlines the major effects of China’s...
Part of Journal Special Issue FDI, Employment, and Growth in China and India
Should developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on...
Three features of China’s trade patterns suggest that elements beyond factor abundance explain its export performance. The high penetration in world markets of labour-intensive products has been accompanied by: (i) a high share in exports of...
During the last two decades a number of emerging economies have become deeply engaged in technology-intensive production. This has been reflected in their international trade specialization shifting from labour-intensive goods towards capital...
Do changes in poverty and inequality depend directly on the rate of economic growth, or does the source of the growth also matter? This paper uses a computable general equilibrium model of the Indonesian economy to explore this question by simulating...
The software and information services (SIS) sector is at the heart of the New Economy and has been rapidly growing through the whole world during the last decades. This is also the case in Argentina where in the middle of a deep recession, the...
The segmentation of global manufacturing and services provided China and subsequently India with a golden opportunity to make full use of their absolute advantage—low cost yet educated labour—to integrate into the world economy within a comparatively...
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