Showing 1 - 10 of 264
This paper examines the income inequality implications of a 'premature deindustrialization' trend in middle-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment and value-added share of manufacture. Among these five...
Persistent link: https://www.econbiz.de/10012423067
The services sector is dominant and continues to experience unprecedented growth in many developing economies. However, in-depth empirical analysis of the drivers ofservicessector growth acceleration is limited. This paper examines and identifies the underlying factors that explain services...
Persistent link: https://www.econbiz.de/10014314734
This paper outlines the contours of global economic development, since 1980, to analyse underlying factors and consider future implications. The increased economic significance of developing countries, reflected in their share of world output, manufacturing and trade, is striking. But...
Persistent link: https://www.econbiz.de/10011574134
How does international trade affect structural transformation in developing countries? We use data on sectoral allocation of labour and value-added in 46 developing economies over the period 1995-2017 and exploit for identification plausibly exogenous variation in manufacturing imports from...
Persistent link: https://www.econbiz.de/10014280617
Africa's improved growth performance over the last 15 years provides an opportunity for the continent to transit from recovery to structural transformation. This paper reviews the evolution of development theory and practice, the role of agriculture therein, and the pace of structural...
Persistent link: https://www.econbiz.de/10010260001
This paper first summarizes the macroeconomic and trade performance of Senegal, emphasizing the limits of traditional exports. It then focuses on three export sectors which have had some success in the past and have good potential for future growth: tourism, horticulture and information...
Persistent link: https://www.econbiz.de/10011573243
The South African services sector is large and growing. This coupled with declining employment shares in manufacturing and mining (i.e. deindustrialization) suggests that South Africa is a de facto service-orientated economy. Employment patterns in services reveal a segmentation that is...
Persistent link: https://www.econbiz.de/10011573893
The mobile money transfer industry has been the most successful information and communications technology-enabled service in Kenya, having recorded an exponential growth relative to its neighbours within the East Africa region. This could be attributed to Kenya's status as a leading commercial...
Persistent link: https://www.econbiz.de/10011634572
Since civil war and genocide left the country in ruins, Rwanda has undergone a remarkable transformation. Growth rates since 1995 have averaged 8 per cent annually, poverty rates have fallen, maternal and child health have improved, and infrastructure and public institutions have been rebuilt....
Persistent link: https://www.econbiz.de/10011634602
Despite Tanzania's rapid recent growth, the vast majority of employment creation has been in informal services. This paper addresses the role that different subsectors of formal and informal services have played in Tanzania's growth. It finds that subsectors such as trade services contribute...
Persistent link: https://www.econbiz.de/10011592917