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The volume explores how the southern engines, China, India, Brazil, and South Africa are reshaping the world economy …
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reflecting on the future prospects in Asia over the next twenty-five years. Gunnar Myrdal published his magnum opus, Asian Drama …: An Inquiry into the Poverty of Nations, in 1968. He was deeply pessimistic about development prospects in Asia. The fifty … years since then have witnessed a remarkable social and economic transformation in Asia – even if it has been uneven across …
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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...
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