Nayyar, Gaurav

Equitable Growth, Finance, and Institutions
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Economic growth, Structural transformation, India, Development Economics, International Economics
Equitable Growth, Finance, and Institutions
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Last updated January 31, 2023
Gaurav Nayyar is a Senior Economist in the Equitable Growth, Finance and Institutions Vice Presidency at the World Bank, where he joined as a Young Professional in 2013. Previously, he was an Economics Affairs Officer in the Economic Research Division of the World Trade Organization, where he co-led the World Trade Report 2013, Factors Shaping the Future of World Trade. Gaurav’s research interests lie primarily in the areas of economic growth, structural transformation, trade, industrialization, and firm productivity, and he has published in a variety of academic journals on these issues. His previous books include Trouble in the Making? The Future of Manufacturing-Led Development (with Mary Hallward-Driemeier), and The Service Sector in India’s Development (published by Cambridge University Press). Gaurav holds a D.Phil in Economics from the University of Oxford, where he was a Dorothy Hodgkin Scholar. His other alma maters include the London School of Economics and Political Science, the University of Cambridge, and St. Stephen’s College, University of Delhi.
Citations 4 Scopus

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Now showing 1 - 3 of 3
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    Gearing Up for the Future of Manufacturing in Bangladesh
    (World Bank, Washington, DC, 2021-06-21) Gu, Yunfan ; Nayyar, Gaurav ; Sharma, Siddharth
    Labor-intensive, export-oriented manufacturing driven by the ready-made garments industry has transformed Bangladesh's economy. But with automation, changing trade patterns and servicification reducing the importance of wage costs globally, the creation of more sustainable jobs in the manufacturing sector now needs the upgradation of firms' capabilities and technology adoption. Drawing on the World Bank's "Bangladesh Firm-level Adoption of Technology Survey", this report shows that there is significant scope to improve the manufacturing sector's performance and future prospects by promoting the adoption of better technologies in firms. It discusses how Bangladesh can achieve this aim through policies that address informational barriers to the acquisition of capabilities in firms, leverage international connectivity for technology diffusion, and strengthen key markets and institutions that underpin firms investment in technology.
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    Are the 'Poor' Getting Globalized?
    (World Bank, Washington, DC, 2018-10) Mendoza, Adelina ; Nayyar, Gaurav ; Piermartini, Roberta
    One reason that poor people may not capture the full benefit from participation in international markets is that the goods they produce tend to be subject to relatively high trade barriers. This paper analyzes market access barriers faced by households in different income deciles by matching household survey data from India based on the industrial classification of their economic activity. Tariffs in international markets are higher, and nontariff measures more numerous, on goods produced by poor workers than on goods produced by rich workers. Tariffs faced by exporters are higher on goods produced in rural and more remote areas than on those in urban centers, on goods produced by informal enterprises than by formal ones, and on goods produced by women than by men. Furthermore, the global reduction in tariffs from 1996 to 2012 failed to ameliorate these differences. How did we get there? Efforts to protect poor workers across countries resulted in a coordination problem. Indeed, tariff protection in China and the United States is higher on goods produced by poor workers than on goods produced by rich workers. Therefore, if poor workers are employed in similar sectors, then each country's attempts to protect its poor workers by imposing higher tariffs and more nontariff measures on such goods will reduce the access of all poor workers to international markets, and thus limit the gains from trade.
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    India's Internal Labor Migration Paradox: The Statistical and the Real
    (World Bank, Washington, DC, 2018-02) Nayyar, Gaurav ; Kim, Kyoung Yang
    Internal labor migration rates in India have been largely static and low in recent times compared with those in other countries. This is a cause for concern because internal migration for economic reasons can promote the agglomeration of economic activity in more productive locations and directly contribute to reducing poverty through remittances. New evidence based on the India Human Development Survey, which provides a more recent source of data compared with the Census and other household surveys, shows that labor mobility is higher than previously estimated -- the stock of labor migrants increased from 16 million in 2004-05 to 60 million in 2011–12. The absolute number of circular migrants, at more than 200 million in 2011-12, is also much higher than previously documented estimates. Tracking the same households between 2004–05 and 2011-12, empirical analysis based on the India Human Development Survey highlights several socioeconomic factors associated with the migration decision: household income, the availability of information, as well as community networks in source and destination areas. There is also a possible administrative dimension to interstate migration barriers, owing to domicile provisions for work and study, lack of portability of social benefits, and legal and other entitlements upon relocation.