Books 2 Byte
New Industries from New Places
Neil Gregory, Stanley Nollen and Stoyan Tenev
Behind the software success...
Labour is usually the first reason given for Indian software export success, but it is not a sufficient explanation of the country’s performance vis-À-vis China, argues New Industries from New Places, a recent publication of The World Bank and Stanford University Press. “China also had an ample supply of educated, low-wage labour. If skilled labour was a critical factor of production, and China had it too, why did China not become a software export powerhouse?” ask the authors, Neil Gregory, Stanley Nollen and Stoyan Tenev.