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Manufacturing and Jobs in South Asia: Strategy for Sustainable Economic Growth

Manufacturing and Jobs in South Asia: Strategy for Sustainable Economic Growth

Paperback

Business GeneralEconomicsLabor

ISBN10: 9811382638
ISBN13: 9789811382635
Publisher: Springer Nature
Published: Aug 20 2020
Pages: 239
Weight: 0.80
Height: 0.54 Width: 6.14 Depth: 9.21
Language: English

This book analyzes the structural factors that underlie the persistent mass poverty and extreme inequality in South Asian countries. It highlights the fact that the supposed trade-off between output growth and job creation is a false dilemma. Growth can create jobs, and jobs can drive growth, mutually reinforcing one another. Increased employment and better jobs would mitigate the problems arising from a widening inequality gap. The book argues that policies focused on employment generation, mostly through industrialization, are the way forward in terms of providing livelihoods, sustaining growth and reducing inequality.

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Economics