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Perhaps the most distinctive feature of international trade in recent years is the rise of multistage global production networks in which firms fragment manufacturing production across borders by locating individual production stages in the countries where they can be performed at least cost...
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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...
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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...
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We examine the nature of labour market inequality in Indonesia and India, using a common conceptual approach drawing from the job ladder framework. In the framework, we differentiate between self-employment and wage-informal and between formal, upper tier informal, and lower tier informal jobs....
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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...
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