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While it is possible for economies to grow based on abundant land or natural resources, more often structural change-the shift of resources from low-productivity to high-productivity sectors-is the key driver of economic growth. Structural transformation is vital for Africa. The region's...
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While it is possible for economies to grow based on abundant land or natural resources, more often structural change?the shift of resources from low-productivity to high-productivity sectors?is the key driver of economic growth. Structural transformation is vital for Africa. The region?s...
Persistent link: https://www.econbiz.de/10011520634
"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the …A historical perspective on the secular stagnation hypothesis and its relevance for Asia -- Asia : at risk of growing … old before becoming rich? -- Invention, productivity, and the evolution of East Asia's innovation systems -- Secular …
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