Exports to Jobs: Boosting the Gains from Trade in South Asia - Couverture souple

Artuc, Erhan; Lopez-Avecedo, Gladys; Robertson, Raymond

Couverture souple

ISBN 10 : 1464812489 ISBN 13 : 9781464812484

Editeur : World Bank Publications, 2019

Synopsis

South Asia has grown fast and poverty has fallen across most countries in the region. The performance has been less impressive on the exports front. Despite labor costs increasing in China, India and its neighbors have yet to become a global manufacturing hub for labor-intensive products. And growth has not done enough to match the fast-growing working-age population, leading to lingering concerns about jobless growth and poor job quality. While self-employment and casual wage work are buoyant, the deficit is particularly severe in relation to regular wage employment. Could a greater export orientation in South Asia result in better labor market outcomes? To answer this question, this study rigorously estimates the potential impact from increasing South Asian exports per worker on wage employment and on labor earnings. The study is one of the few to estimate the effects of exports on local labor market outcomes. The results suggest that increasing exports per worker would result in higher wages and lower casual work (reduction of informality). Wage growth for less-educated workers is found to be smaller than that for more educated workers; smaller for women than for men; and smaller for less-experienced workers than for more-experienced ones. However, women and less skilled workers would experience the largest reductions in informality, probably because they are currently on the margins of the labor force. The main implication of the report is that increasing exports per worker would have significantly positive labor market implications for South Asian workers. However, complementary policies would amplify the positive effects. Those policies should focus on investing in skills, removing distortions in the allocation of inputs, and facilitating female employment in manufacturing.

A propos du livre

À propos de l?auteur

The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.

Détails de l'édition

• Éditeur: World Bank Publications
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 1464812489
• ISBN 13: 9781464812484
• Reliure: Broché
• Nombre de pages: 200
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible