South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse

South Asia has a huge need to create more and better jobs for a growing population – especially in the manufacturing industries where it is underperforming as compared to East Asia. The report examines three critical and relatively understudied drivers of competitiveness: Economies of agglomeration:...

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Main Authors: Lopez-Acevedo, Gladys, Medvedev, Denis, Palmade, Vincent
Format: Book
Language:English
en_US
Published: Washington, DC: World Bank 2016
Subjects:
Online Access:http://hdl.handle.net/10986/25094
id okr-10986-25094
recordtype oai_dc
spelling okr-10986-250942021-04-23T14:04:28Z South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse Lopez-Acevedo, Gladys Medvedev, Denis Palmade, Vincent EXPORTS LABOR APPAREL AGRIBUSINESS PRODUCTIVITY CAPITAL AUTOMOTIVE YOUTH COMPETITIVENESS MANUFACTURING ELECTRONICS WAGES South Asia has a huge need to create more and better jobs for a growing population – especially in the manufacturing industries where it is underperforming as compared to East Asia. The report examines three critical and relatively understudied drivers of competitiveness: Economies of agglomeration: firms and workers accrue benefits from locating close together in cities or clusters through urbanization and localization. Participation in global value chains: stronger competitive pressures weed out least productive firms while others improve by gaining access to new knowledge and better inputs. Firm capabilities: in order to operate close to what would be considered optimum efficiency levels given the prevailing factor prices and thus employ South Asia’s abundant labor. The report entails four case studies of critical industries: apparel (based on the “Stitches to Riches” World Bank report), automotive, electronics and agribusiness. The report also draws on relevant good practices from around the world. The report shows that South Asia has great untapped competitiveness potential (including in all four industries studied). Realizing this potential would require the governments in the region to pursue second generation trade policy reforms for firms to better contribute to and benefit from global value chains (e.g. facilitating imports for exporters), to facilitate the development of industrial clusters in secondary cities (cheaper and less congested than the metros) as well as to deploy policies to improve the capabilities of firms, especially SMEs. 2016-09-28T16:52:04Z 2016-09-28T16:52:04Z 2016-10-06 Book 978-1-4648-0973-6 http://hdl.handle.net/10986/25094 English en_US South Asia Development Matters; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication South Asia South Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic EXPORTS
LABOR
APPAREL
AGRIBUSINESS
PRODUCTIVITY
CAPITAL
AUTOMOTIVE
YOUTH
COMPETITIVENESS
MANUFACTURING
ELECTRONICS
WAGES
spellingShingle EXPORTS
LABOR
APPAREL
AGRIBUSINESS
PRODUCTIVITY
CAPITAL
AUTOMOTIVE
YOUTH
COMPETITIVENESS
MANUFACTURING
ELECTRONICS
WAGES
Lopez-Acevedo, Gladys
Medvedev, Denis
Palmade, Vincent
South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse
geographic_facet South Asia
South Asia
relation South Asia Development Matters;
description South Asia has a huge need to create more and better jobs for a growing population – especially in the manufacturing industries where it is underperforming as compared to East Asia. The report examines three critical and relatively understudied drivers of competitiveness: Economies of agglomeration: firms and workers accrue benefits from locating close together in cities or clusters through urbanization and localization. Participation in global value chains: stronger competitive pressures weed out least productive firms while others improve by gaining access to new knowledge and better inputs. Firm capabilities: in order to operate close to what would be considered optimum efficiency levels given the prevailing factor prices and thus employ South Asia’s abundant labor. The report entails four case studies of critical industries: apparel (based on the “Stitches to Riches” World Bank report), automotive, electronics and agribusiness. The report also draws on relevant good practices from around the world. The report shows that South Asia has great untapped competitiveness potential (including in all four industries studied). Realizing this potential would require the governments in the region to pursue second generation trade policy reforms for firms to better contribute to and benefit from global value chains (e.g. facilitating imports for exporters), to facilitate the development of industrial clusters in secondary cities (cheaper and less congested than the metros) as well as to deploy policies to improve the capabilities of firms, especially SMEs.
format Book
author Lopez-Acevedo, Gladys
Medvedev, Denis
Palmade, Vincent
author_facet Lopez-Acevedo, Gladys
Medvedev, Denis
Palmade, Vincent
author_sort Lopez-Acevedo, Gladys
title South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse
title_short South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse
title_full South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse
title_fullStr South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse
title_full_unstemmed South Asia's Turn : Policies to Boost Competitiveness and Create the Next Export Powerhouse
title_sort south asia's turn : policies to boost competitiveness and create the next export powerhouse
publisher Washington, DC: World Bank
publishDate 2016
url http://hdl.handle.net/10986/25094
_version_ 1764458359460724736