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Dierences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross- country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10005622016
This paper approaches inclusive development in South and South-West Asia through the framework of structural …
Persistent link: https://www.econbiz.de/10010903957
The paper provides quantitative estimates of the productive capacities of the countries in the Asia- Pacific region and … Asia and the Pacific 2011 and details the methodology used to create the productive capacity index. It finds that, except … from the region’s developed countries and emerging developing economies, the majority of the countries in the Asia …
Persistent link: https://www.econbiz.de/10010890746
transformation that deviate from those of developed countries in different ways. Second, the paths of the subcontinents of Africa …, Asia, and Latin America are distinct, and there is great heterogeneity within each region. Third, many countries experience …
Persistent link: https://www.econbiz.de/10009353279
Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy. Since the 18th century, all countries that industrialized successfully have followed their comparative advantages and leveraged the latecomer advantage, including emerging...
Persistent link: https://www.econbiz.de/10011009742
Many authors have estimated and found that the productivity growth in agriculture was higher than that in non-agriculture in today’s richest countries. Several papers suggested that growth in agricultural productivity was essential for today’s richest countries to take off early. However,...
Persistent link: https://www.econbiz.de/10010857155
Building productive capacities is a top priority for least developed countries to promote development and graduate from the status of least developed country. This paper discusses the challenges and the opportunities for these countries to build their productive capacities. It argues that the...
Persistent link: https://www.econbiz.de/10010903954
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10009363516
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10009363635
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10004972731