Diversity of development paths and structural transformation in historical perspective : an introduction / Martin Andersson and Tobias Axelsson -- Structural change and catching up : the relative small country advantage / Lennart Schön -- The latecomer advantages and disadvantages : a new...

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...