Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Industry-Led Growth: Issues and Facts

Industry-Led Growth: Issues and Facts

Mitra, Arup

Paperback

Series: Springerbriefs in Economics, Book 0

Business GeneralEconomicsLabor

ISBN10: 9811000077
ISBN13: 9789811000072
Publisher: Springer Nature
Published: Nov 25 2015
Pages: 88
Weight: 0.35
Height: 0.22 Width: 6.14 Depth: 9.21
Language: English
The book explores, for India and other developing countries, the potential role the organized manufacturing sector could play as an engine of growth. Alongside growth, can this sector generate adequate employment opportunities to facilitate the transfer of labour from the agriculture sector? The book identifies the major constraints that result in limited demand for labour in the organised manufacturing sector. Beyond technological aspects, skill shortage is an important factor, resulting in sluggish labour absorption. Further, the labour market laws are not necessarily the root cause of sluggish employment growth in the organised manufacturing sector. The development of technologies that are appropriate for labour surplus countries like India is instrumental to employment creation. Though innovation is generally assumed to be capital-intensive in nature, the book argues that innovation nevertheless has a positive effect on employment in absolute terms. Lastly, the main policy issues are highlighted in terms of the priority that should be assigned to industries which can contribute to employment growth and skill formation for improving the employability of the available labour force, and to which innovations should be pursued, with a specific focus on pro-poor growth objectives.

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