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Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...
Persistent link: https://www.econbiz.de/10011396968
This study explores the question of structural change and inclusive development in South Africa and Brazil. Using Census data from the two countries, the analysis combines a household level multidimensional indicator of well-being with the applications of growth incidence curves and a sectoral...
Persistent link: https://www.econbiz.de/10010465459
Much of the recent interest in the relationship between growth and distribution has focused on advanced economies and neglected issues of development and structural transformation. The purpose of this paper is to make a contribution to this gap by arguing that, even in the short-run, some of the...
Persistent link: https://www.econbiz.de/10012024613
China has been growing at high rates during the previous three decades. The current process of rebalancing from an investment- and manufacturing-led growth model towards a consumption- and service-led model is associated with decreasing growth rates. We show that China's current state of...
Persistent link: https://www.econbiz.de/10012205767
Many empirical questions about economic growth and development are left open due to the lack of long time series of reliable GDP estimates. The share of the labor force employed in agriculture can fill this gap. Agricultural employment shares are highly correlated with GDP per capita, less prone...
Persistent link: https://www.econbiz.de/10014140099
Persistent link: https://www.econbiz.de/10011492754
The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the ?classics?, however (Fisher (1935), Clark...
Persistent link: https://www.econbiz.de/10010261657
This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities as well as development finances in...
Persistent link: https://www.econbiz.de/10010246053
This paper has revisited the roles of agricultural sector development for Sub-Saharan Africa (SSA) in responding to the twofold challenges – broadening the base of economic growth and sustaining growth momentum. Based on a holistic and long-term perspective on the mechanism of an economic...
Persistent link: https://www.econbiz.de/10012972228
This paper has revisited the roles of agricultural sector development for Sub-Saharan Africa (SSA) in responding to the twofold challenges – broadening the base of economic growth and sustaining growth momentum. Based on a holistic and long-term perspective on the mechanism of an economic...
Persistent link: https://www.econbiz.de/10012972246