Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10008651235
Persistent link: https://www.econbiz.de/10012404378
Structural transformation - the movement of workers from low-productivity to high-productivity activities - is an essential ingredient of inclusive growth. This paper reviews the evidence on why the pace of structural transformation has differed widely across countries in Asia, with a specific...
Persistent link: https://www.econbiz.de/10011658821
When India became a republic in 1950, the economy was primarily agrarian, with threefifths of output originating from agriculture. In the sixty years since independence, there has been a significant transformation of economic activity away from agriculture, with less than one-fifth of output now...
Persistent link: https://www.econbiz.de/10014233736
An important stylized fact about African economic development is the phenomenon of urbanization without structural transformation. This paper provides a political economy analysis of the lack of structural transformation in African cities, drawing on the Deals and Development framework. It...
Persistent link: https://www.econbiz.de/10015053974
One of the key features of modern economic growth is the process of structural transformation, which is the movement of workers from agriculture to manufacturing and services. In this study, the author identifies different routes to structural transformation that we see in the developing world....
Persistent link: https://www.econbiz.de/10014466773
Persistent link: https://www.econbiz.de/10012822048
Persistent link: https://www.econbiz.de/10012038896
This paper discusses the 'developer's dilemma' - a tension emerging from the fact that developing countries are simultaneously seeking structural transformation and broad-based growth to raise incomes of the poor. Simon Kuznets originally hypothesized that structural transformation may have a...
Persistent link: https://www.econbiz.de/10012183608
We examine the Kuznets postulate that structural transformation leads to higher inequality using comparable panel data for a large number of developing and developed countries for 1960-2012. Countries are in different stages of structural transformation, being either structurally...
Persistent link: https://www.econbiz.de/10012137963