Showing posts with label India Economy. Show all posts
Showing posts with label India Economy. Show all posts
Tuesday, September 3, 2019
Friday, May 25, 2018
Is India's Economic Growth Slowing in the Most Labour-Intensive Sectors?
.@EconomistDK @CRISILLimited India #Economy #Growth slowing in #Labour Intensive sectors: btwn 2015-16 & 2017-18, y-o-y growth in #Construction (labour intensity ~12.0) slipped from 4.0% to 3.0%, while in #Mfg (labour intensity ~8.0), growth slipped even more, 4m 10.0% to ~6.5%. pic.twitter.com/g3BMqNr0Sw— Satyen Baindur (@Satyen_Baindur) May 26, 2018
Reminded me of Prof Vijay Joshi's #LKJha #MemorialLecture @RBI where he explicitly pointed to raising the #LabourIntensity of India's growth and esp its exports as the main challenge - labour laws + #ExchangeRate management etc:— Satyen Baindur (@Satyen_Baindur) May 26, 2018
Vijay Joshi @MertonCollege @UniofOxford & author of '#India's #LongRoad' https://t.co/T9wvw2MctQ … … also gave the @RBI #LKJha #MemorialLecture - a rare #GlassHalfEmpty #OneHandedEconomist's analysis of India's policy challenges: the main one, #EmploymentGeneration, requires:— Satyen Baindur (@Satyen_Baindur) April 30, 2018
...increasing the #LaborIntensity of India's Growth, and esp its #Exports - which requires both #LaborMarketReform (largely outside @RBI’s remit) +#ExchangeRate management – diagnoses the 2004-17 exchange rate ↑ as having been caused by the #DutchDisease – large capital inflows; pic.twitter.com/shMDXD1iFM— Satyen Baindur (@Satyen_Baindur) April 30, 2018
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