By Asian Productivity Organization
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Additional resources for APO Productivity Databook 2011
1 per cent in 2008. 28 A deficit in net exports tends to be associated with high household consumption. Refraining from consumption is required to support high investment levels. Countries with low income, however, may struggle to defer consumption in order to invest. In 2008 only Bangladesh, Cambodia, Lao PDR, Myanmar, and Nepal29 remained in the bottom income group among the countries studied in this report (see Table 13). It is no coincidence that these are also the countries which have the highest household consumption share in Asia.
India in particular has been investing very aggressively since 2000, coming within 10 per cent of China’s 45 per cent share from a much lower base at the beginning of the period. 2). South Asia and East Asia’s investment share has converged to around 35 per cent, with the former reflecting India’s recent effort. 4). 32 The expansion of IT capital is significant even at the current price comparisons. The real-term comparisons are conducted at the flow and stock levels in Chapter 5. Figure 21 plots the long-term trend of net export share in GDP from 1970 to 2008.
4 shows that employment rates in this group of countries lack the vigor seen in Group-C1 and Group-C2 (the two catching-up groups), although most of their gap in per capita GDP with the US is explained more by labor productivity performance. 7 per cent to their per capita GDP gap against the US in 2008, respectively (Figure 9). 4 per cent of Iran’s per capita GDP gap with the US in 2008. e. they are catching up in the period 2000–2008. Fiji and Brunei are the only two countries which have failed to outperform the US in per capita GDP growth in the recent period.
APO Productivity Databook 2011 by Asian Productivity Organization