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entering a period of premature deindustrialization. Today, the services sector has become the primary driver of growth and … present day. We find that South Africa experienced growth-enhancing structural transformation until the early 1970s, before … Africa's structural transformation and inclusive growth path rests on the ability of the country to move into more skills …
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growth, that enable the rapid, resilient economic catch-up of developing countries. We consider the 'developer's dilemma' and …, structural transformation was growth-enhancing and economic growth inclusive during the decades before the 1997-98 Asian … financial crisis. Since then, structural transformation has become notably less growth-enhancing and inclusive growth outcomes …
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Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income...
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