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This paper studies sources of technological upgrading in China and India. What is striking about the impressive growth of China and (to a lesser degree) India is that they export products associated with a high productivity level that is much higher than a country at their
income level. China’s export bundle has changed dramatically, diversifying into technology intensive products.
Monetary aggregate indices presented are Narrow money (M1) and Broad money (M3). They are calculated as averages of the monthly figures. For all countries which do not provide data corresponding to the average for the month, estimates of monthly levels have been made using end of previous and current month figures. The annual and quarterly figures are then calculated as averages of the estimated monthly data and the indices are
Access time series of immediate (overnight), short-term (3 month interbank rate), and long-term (10 yr bonds) interest rates for OECD countries and major non-member economies. The series are updated continuously.
The Standardised Confidence Indicators (for manufacturing industry and consumers) are confidence indicators comparable across countries. Comparability has been achieved by careful selection of national indicators, and by smoothing, centring, and amplitude adjusting these series. The series are updated continuously.
Using plant-level data from the Annual Survey of Industries for the fiscal years 1998-99 through 2007-08, this study provides plant-level cross-state/time-series evidence of the impact of employment protection legislation on total factor productivity¨and labour productivity in India.
The first meeting of the OECD-India Corporate Governance Policy Dialogue focused on understanding the various facets of related party transactions and designing an appropriate enforcement mechanism for abusive transactions.
Society at a Glance – Asia/Pacific Edition 2011 offers a concise quantitative overview of social trends and policies across Asia/Pacific countries and economies.
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act.
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries.
Education has been given high priority by India’s central and state governments and continues to grow fast. Nevertheless, high drop-out rates and low attendance continues to be a challenge at lower levels and enrolment at higher levels remains modest by international standards.