The WSJ article describes how Singapore reversed the declining trend for manufacturing’s share in GDP (it fell from 27% in 2005 to 18% by 2013), raising that share to 21% in 2020 and 22% in 2022, essentially through high degrees of automation, employing very few, highly skilled workers.
7 min read25 Jun 2022As competition hots up, Bhatia as IndiGo’s public face signals to the industry that the airline is well-prepared for the changed market conditions
2 min read11 Feb 2022If labels on refrigerators start displaying information on what it costs to operate them over a year, buyers will buy more energy-efficient refrigerators, a new study shows
1 min read1 Apr 2021Farming families that can access loans easily, have healthy social networks, and have acquired technical skills tend to work outside farming in larger numbers, a new study shows
1 min read31 Mar 2021The focus of urban policies should not just be on creating new housing but new ‘neighbourhoods’ that are integrated with the rest of the city, a new study suggests
1 min read30 Mar 2021While lower middle-class parents want long-term economic security, upper middle-class parents want higher social status, finds a study
1 min read23 Mar 2021The only firms that gain from new infrastructure are those situated close to the project and belonging to the formal sector, finds a study
1 min read22 Mar 2021Parents are more likely to marry girls off early if they perceive their localities to have more crimes against women, finds a study
1 min read18 Mar 2021Decades before Independence, the desire for a national industrial policy to check inter-regional disparities laid the path for Indian federalism, a new paper argues
1 min read17 Mar 2021A group of people with a vulnerable minority is better served by decisions made by consensus than by a majority vote, says a study
1 min read16 Mar 2021The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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