Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements...

Agriculture plays a significant role in Lesotho's economy. Lesotho is among the poorest countries in Southern Africa, with fifty-seven percent of the population living below the poverty line. About seventy percent of the population lives in rural areas and depends on agriculture for their...