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Structural Change, Fundamentals, and Growth : A Framework and Case Studies
McMillan, Margaret - 2017
Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reduction in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic...
Persistent link: https://www.econbiz.de/10012957710
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Structural Transformation in Africa : A Historical View
Enache, Maria - 2017
This paper presents evidence suggesting that the relationship between income and economic structure is shifting over time, with countries across the income distribution uniformly increasing the share of labor in service sectors and an increasingly less stark relationship between manufacturing...
Persistent link: https://www.econbiz.de/10012968717
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Structural Change, Dualism and Economic Development : The Role of the Vulnerable Poor on Marginal Lands
Barbier, Edward B. - 2017
Empirical evidence indicates that in many developing regions, the extreme poor in more marginal land areas form a "residual" pool of rural labor. Structural transformation in such developing economies depends crucially on labor and land use decisions of these most-vulnerable populations located...
Persistent link: https://www.econbiz.de/10012974378
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Policy Challenges for Emerging and Developing Economies : Lessons from the Past Decade
Ruch, Franz Ulrich - 2020
The 2009 global recession demonstrated, once again, the importance of crisis prevention as well as the critical need for preserving policy room so that emerging market and developing economies (EMDEs) can act when their economies are hit by shocks. And now, with the global growth outlook still...
Persistent link: https://www.econbiz.de/10012839626
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Economic Structure, Development Policy and Environmental Quality : An Empirical Analysis of Environmental Kuznets Curves with Chinese Municipal Data
He, Jie - 2017
-level panel dataset obtained from China. The results show that economic structure, development strategy and environmental …
Persistent link: https://www.econbiz.de/10012975841
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China : Global Crisis Avoided, Robust Economic Growth Sustained
Vincelette, Gallina Andronova - 2017
China's medium-term prospects for growth, poverty reduction, and development. The paper reviews China's pre-crisis growth … immediate impact of the global crisis on China's economic performance in 2009 and its likely impact in the short run. It then … paper explores China's medium-term growth prospects in light of the crisis and the key policies for moving to a robust and …
Persistent link: https://www.econbiz.de/10012976358
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The Post-Crisis Growth Slowdown in Emerging Economies and the Role of Structural Reforms
Qureshi, Zia - 2017
This paper constructs indicators of structural bottlenecks arising from barriers to open markets, obstacles to business operations, and constraints to access to finance. Empirical evidence from a sample of 30 emerging economies indicates that barriers to open markets and access to finance are...
Persistent link: https://www.econbiz.de/10012972490
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Urbanization and Development : Is Latin America and the Caribbean Different from the Rest of the World?
Roberts, Mark - 2017
Two long-established stylized facts in the urban and development economics literatures are that: (a) a country's level of economic development is strongly positively correlated with its level of urbanization; and (b) a country's level of urbanization is strongly negatively correlated with the...
Persistent link: https://www.econbiz.de/10012959138
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Public Policy and Industrial Transformation in the Process of Development
Agenor, Pierre-Richard - 2017
This paper studies the role of public policy in promoting industrial transformation from an imitationbased, low-skill economy to an innovation-based, high-skill economy, where technological progress now occurs through the domestic invention of ideas. Industrial transformation is measured by...
Persistent link: https://www.econbiz.de/10012974488
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New Structural Economics : A Framework for Rethinking Development
Lin, Justin Y. - 2017
As strategies for achieving sustainable growth in developing countries are re-examined in light of the financial crisis, it is critical to take into account structural change and its corollary, industrial upgrading. Economic literature has devoted a great deal of attention to the analysis of...
Persistent link: https://www.econbiz.de/10012976707