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Diverse Development Paths and Structural Transformation in the Escape from Poverty (Paperback)
Loot Price: R1,271
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Diverse Development Paths and Structural Transformation in the Escape from Poverty (Paperback)
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This volume analyzes the experiences of developing countries in
Asia, Latin America, and Sub-Saharan Africa, and examines how they
might catch up. Based on growth performance across the developing
world over the last five decades, it offers a thorough account of
the possibilities to engage in such processes in an increasingly
globalized world. Together, the chapters highlight the diversity
and variation of development pathways and provide valuable lessons
and implications for how to approach this difficult question. The
book shows the importance of acknowledging that the process of
development is dynamic and that the possibilities for catch up are
situation dependent. At the same time it makes clear that without
structural change, and in particular agricultural transformation,
sustained catch up is unlikely to happen. The volume demonstrates
how analysis of current growth processes in developing countries
can be enriched by paying closer attention to the multifaceted
nature of both economic backwardness and successful pathways to
escape it.
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