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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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"Many developing countries--Viet Nam included--continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...
Persistent link: https://www.econbiz.de/10011617034
This volume provides a comprehensive analytic contribution to a crucial topic within development economics based on 15 years of continued data collection and research efforts. It brings together nine up-to-date studies on SME development in a coherent framework to help persuade national and...
Persistent link: https://www.econbiz.de/10013472276
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Although manufacturing has played an important role in the growth of developing countries, Africa has lagged in this industry. This text argues that activities sharing the characteristics of manufacturing, including tourism and ICT, are beginning to play an important role in Africa, offering new...
Persistent link: https://www.econbiz.de/10013483816
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
Many developing countries - Viet Nam included - continue to struggle to raise incomes per capita. A common feature of the growth and development process is a fundamental change in the pattern of economic activity, as households reallocate labour from traditional agriculture to more productive...
Persistent link: https://www.econbiz.de/10011663933