Manufacturing generates very little employment in the developing world. Urban jobs are predominantly informal, unproductive, and in services. It seems unlikely that manufacturing…
The future of developing countries lies in services. Enhancing productivity in labor-absorbing services in particular must be an essential priority, for reasons of both growth and…
December 8, 2023, Opinion: "Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies…
September 28, 2022, Opinion: "For decades the service sector has driven the economy in the United States. Is there a role for industrial policy in sustaining this growth? Dani…
June 2021, Paper: "Capitalism is not a rigid system. It has evolved and changed over time, shaped by local history, social pressures, and crises. Today, it is commonplace to…