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What became the post-War era's "less developed countries" (LDCs) varied enormously in their pre- modern or pre-industrial economic conditions. We hypothesize that if these countries are arrayed on a continuum of pre-industrial development such as that of the demographer Ester Boserup, countries...
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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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African countries are facing great opportunities but also formidable challenges in accelerating economic growth and sustaining a high level of economic performance. The experiences of East Asian countries may offer valuable insights for African leaders and governments in making concerted efforts...
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