Publication:
Structural Change, Fundamentals, and Growth: A Framework and Case Studies

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dc.contributor.authorMc Millan, Margaret
dc.contributor.authorRodrik, Dani
dc.contributor.authorSepulveda, Claudia
dc.date.accessioned2017-04-27T17:10:35Z
dc.date.available2017-04-27T17:10:35Z
dc.date.issued2017-04
dc.description.abstractDeveloping countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reduction in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic environment of lackluster global trade, not enough jobs coupled with skills mismatches, continued globalization and technological change, greater income inequality, unprecedented population aging in richer countries, and youth bulges in the poorer ones. This essay examines how seven key countries fared from 1990-2010 in their development quest. The sample includes Brazil, India, Vietnam and four African countries -- Botswana, Ghana, Nigeria, and Zambia -- all of which experienced rapid growth in recent years, but for different reasons. The patterns of growth are analyzed in each of these countries using a unifying framework that draws a distinction between the "structural transformation" and "fundamentals" challenges in growth. Out of the seven countries, the traditional path to rapid growth of export oriented industrialization only played a significant role in Vietnam.en
dc.identifierhttp://documents.worldbank.org/curated/en/684381493210845244/Structural-change-fundamentals-and-growth-a-framework-and-case-studies
dc.identifier.doi10.1596/1813-9450-8041
dc.identifier.urihttps://hdl.handle.net/10986/26481
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8041
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSTRUCTURAL TRANSFORMATION
dc.subjectPRODUCTIVITY GROWTH
dc.subjectGROWTH PATTERN
dc.titleStructural Change, Fundamentals, and Growthen
dc.title.subtitleA Framework and Case Studiesen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleStructural Change, Fundamentals, and Growth: A Framework and Case Studies
okr.date.disclosure2017-04-26
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/684381493210845244/Structural-change-fundamentals-and-growth-a-framework-and-case-studies
okr.guid684381493210845244
okr.identifier.doi10.1596/1813-9450-8041
okr.identifier.externaldocumentum090224b084b07a8a_1_0
okr.identifier.internaldocumentum27398381
okr.identifier.reportWPS8041
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/684381493210845244/pdf/WPS8041.pdfen
okr.region.administrativeAfrica
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeLatin America & Caribbean
okr.region.administrativeSouth Asia
okr.region.countryBotswana
okr.region.countryBrazil
okr.region.countryGhana
okr.region.countryIndia
okr.region.countryNigeria
okr.region.countryViet Nam
okr.region.countryZambia
okr.statistics.combined6013
okr.statistics.dr684381493210845244
okr.statistics.drstats4256
okr.topicIndustry::Industrial Economics
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicRural Development::Rural Labor Markets
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::Globalization and Financial Integration
okr.unitOperations and Strategy Team, Development Economics Vice Presidency
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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