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. They address the theoretical,
empirical and policy implications of the 'varieties of structural
transformation' in low and middle income countries. Firstly, using
a comparable high-quality dataset, they set out the stylized facts
of structural transformation across the developing world. Secondly,
they assess the classical and neoclassical approaches to structural
transformation and review the recent theoretical developments in
the literature. Thirdly, they undertake descriptive and econometric
analysis of the drivers of structural transformation, and the
relationship between structural transformation and inequality.
Finally, they assess the policy implications of our study for
developing countries. This title is also available as Open Access
on Cambridge Core.
General
| Imprint: |
Cambridge UniversityPress
|
| Country of origin: |
United Kingdom |
| Series: |
Elements in Development Economics |
| Release date: |
September 2023 |
| Authors: |
Kunal Sen
|
| Pages: |
75 |
| ISBN-13: |
978-1-00-944995-3 |
| Categories: |
Books
|
| LSN: |
1-00-944995-8 |
| Barcode: |
9781009449953 |
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