India
Trade Reform, Managers, and Skill Intensity: Evidence from India
International trade economists have long been interested in understanding the distributional implications of globalization or trade liberalization or product market competition. One of the crucial aspects of such distributional effects which have received a lot of attention especially from the 1990s onward is how such forces divide the labor pie into skilled (or nonproduction) and unskilled (or production) workers. In other words does an increase in trade participation or exposure to international markets result in an increase in returns for skilled or less skilled workers?
Domestic regulations and India’s trade in health services: A study of hospital and telemedicine services
Estimated at US$36 billion and employing over four million people the Indian health care sector is one of the largest service sectors in the economy today. With a compound annual growth rate (CAGR) of 15 per cent the Indian health care sector is expected to reach US$280 billion by 2020. A 2003 report titled India’s New Opportunity: 2020 prepared jointly by the All India Management Association Boston Consulting Group and the Confederation of Indian Industries predicts that over 40 million new jobs and US$200 billion increased revenues are expected to be generated by the Indian services sector by 2020 and the health care sector will play an important role in generating these jobs and revenues (AIMA/BCG 2003). Hence this sector is predicted to grow rapidly and is seen to have considerable potential due to the growing demand for health care services in India. The reasons are many including rising incomes a growing propensity to spend on health care an emergence of lifestyle-related diseases and demographics.
Services liberalization in PTAs and the WTO: The experiences of India and Singapore
The services sector plays a crucial role in the economic growth and development of both India and Singapore. The two countries have liberalized unilaterally and developed global competitiveness in selected services and now they are major exporters. Consequently they not only have an aggressive interest in the multilateral liberalization of trade in services but also perceive this sector as an integral part of their preferential trade agreements.