A new “Make in India” campaign to “transform India into a global manufacturing hub” aims to use manufacturing as a vehicle for job growth. Is this strategy realistic? This paper helps answer the question by describing the job growth potential of the Indian economy. Formal-sector manufacturing demonstrates the most potential for job growth under a more supportive policy regime. The paper models future employment paths for India for the next 20 years. Assuming sufficient reforms to generate East Asia-style manufacturing growth, the impact on employment and output is substantial, even if the campaign target of 100 million new manufacturing jobs remains difficult to achieve. The paper then describes a set of reforms sufficient to unleash such a manufacturing growth boom.
The Texas coast is one of the most ecologically productive and least appreciated natural assets of the United States. Unfortunately, this coastal resource is being destroyed by the various management actions (or inactions) of the state of Texas. It is not too late to reverse this destruction, but major policy shifts will be required to alter this trend.
