Structural change, fundamentals, and growth: A framework and case studies
Structural change, fundamentals, and growth: A framework and case studies

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Can developing countries use industrialization, as the East Asian economies did, to try to catch up with the high-income countries? Structural Change, Fundamentals, and Growth says the answer is likely to be “no.” Rather, they will need to chart a new path to economic convergence that relies less on moving from low-productivity agriculture to higher-productivity manufacturing, and more on investing in health, education, and institutions—although the process will take longer this way.

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  • Released: September 1, 2018
  • Author: Margaret McMillan,Dani Rodrik,Claudia Sepúlveda
  • Rating: 4,5
  • Publisher: Ebook Digital Agency
  • Total Page: 289 pages
  • File Size: 6894 KB
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