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Differences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10010301726
Dierences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross- country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10005622016
The paper provides quantitative estimates of the productive capacities of the countries in the Asia- Pacific region and … Asia and the Pacific 2011 and details the methodology used to create the productive capacity index. It finds that, except … from the region’s developed countries and emerging developing economies, the majority of the countries in the Asia …
Persistent link: https://www.econbiz.de/10010890746
This paper approaches inclusive development in South and South-West Asia through the framework of structural …
Persistent link: https://www.econbiz.de/10010903957
In what the authors name “a first pass through the data”, McMillan et al. (2014) have recently addressed the question: what determines the magnitude of growth-enhancing structural change - defined as gains to average labor productivity resulting from a reallocation of labor across sectors?...
Persistent link: https://www.econbiz.de/10011457230
Persistent link: https://www.econbiz.de/10009313742
In Sub-Saharan Africa we find some of the highest levels of income inequality in the world. Nevertheless, we generally …
Persistent link: https://www.econbiz.de/10010486877
This paper argues that the single most important factor that explains East Asia's development success was its fast … as the "engine of growth." It is in the context of industrialization that openness played an important role in East Asia … exchange) and industrialization. Part 1 of the paper documents the extent of structural transformation in developing Asia …
Persistent link: https://www.econbiz.de/10011880537
transformation that deviate from those of developed countries in different ways. Second, the paths of the subcontinents of Africa …, Asia, and Latin America are distinct, and there is great heterogeneity within each region. Third, many countries experience …
Persistent link: https://www.econbiz.de/10009353279
Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy. Since the 18th century, all countries that industrialized successfully have followed their comparative advantages and leveraged the latecomer advantage, including emerging...
Persistent link: https://www.econbiz.de/10011009742