Structural transformation is a central driver of economic development, yet recent challenges such as premature deindustrialization have raised critical questions about whether low-income economies can still follow traditional growth paths that rely on manufacturing expansion to drive...

We argue that secular change in both the production and composition of investment goods has weakened investment's role in the transmission of monetary policy to labor earnings and consumption. We show analytically that fluctuations in the production of investment goods amplify the response of...

In this article, we examine the dynamic interdependencies among components of Japan's consumer price index (CPI) using a two-lag time-varying loading factor (TLTVLF) model. Whereas previous studies have typically decomposed CPI series into long-term trends, seasonal patterns, and cyclical...

This paper examines Mexico's integration into Global Value Chains (GVCs) and its implications for structural change over the period 1995-2020. Using a multiregional input-output framework, the analysis decomposes gross exports into domestic and foreign value added and combines these indicators...

This paper reviews the process of structural transformation (ST) across a wide range of Asian economies. After outlining key theories of ST, it documents Asia's transformation and compares it with patterns observed elsewhere, using standard indicators and broader dimensions of structural change....

Technological change has historically widened or preserved gender gaps in labor market outcomes in favor of men. The World Bank’s Digital Transformation and Its Role in Expanding Women’s Economic Opportunities in Iraq, Jordan, and Lebanon provided a comprehensive diagnostic of the digital...

Structural transformation is widely recognized as a key driver of productivity growth and economic development, with industrial policies often playing a crucial role in this process. However, the challenge of premature deindustrialization-where economies experience a decline in manufacturing's...

Critical minerals are central to industrial strategies in the Global South, but evidence on how such policies reshape domestic production is limited. This paper maps Indonesia's nickel ecosystem before and after the 2014 export ban using input-output multipliers and labor intensity from the...

Using French micro-data, we show that rapid structural transformation in densely populated cities is driven by the expansion of large tradable services firms and the departure of large manufacturing firms. This reallocation is accompanied by sharply rising house prices but without a compensating...

In order to address the demographically induced labour shortage, it is essential to attract and integrate foreign workers, particularly in the context of Germany's ongoing structural transformation. However, the example of the Saxony-Anhalt part of the central German mining district indicates...

This paper reviews Thailand’s progress in structural transformation and its recent slowdown. It examines the empirical drivers of structural transformation and quantifies their contributions, with the objective of informing policies to reinvigorate the process

Since 2016, Saudi Arabia’s Vision 2030 reforms have improved governance, business regulations, capital markets, the labor market, and the external sector, narrowing structural gaps with frontier economies and improving economic performance. This paper summarizes progress, estimates the output...

Industrial policy has returned to centre stage after decades of neglect or worse, yet its revival is deeply ambivalent. This chapter argues that effective and desirable industrial policies rests on the alignment of three mutually reinforcing conditions, namely, first, public measures shaping the...

This paper studies the long-run effects of foreign tourism on local labor markets and economic development in advanced economies, using Italy as a case study. To isolate plausibly exogenous variation in tourist arrivals, I construct a shift-share measure that interacts changes in outbound...

Emerging economies confront unprecedented challenges mobilizing finance for green industrial transitions while maintaining development trajectories. This paper examines implementation effectiveness across India, South Africa, Brazil, and Indonesia-major economies representing diverse political...

Die Chemieindustrie steht im Zentrum der sozial-ökologischen Transformation: Als größter industrieller Verbraucher von Mineralölen und Erdgas in Deutschland und damit bedeutender Verursacher von Emissionen ist sie in besonderem Maße gefordert, sich grundlegend zu verändern. Ohne eine...

Understanding the structural change in catching-up regions and the spatial distribution of economic sectors is essential for designing comprehensive policy strategies to promote balanced economic development. This study examines the economic restructuring of the 11 central and eastern European...

The representation and significance of women in the labor force have grown significantly over the past five decades around the globe. Using nationally representative data from more than 90 countries, this paper documents distinct gender patterns in employment transitions across both sectors and...

Purpose The present paper aims to highlight how manufacturing expansions under conditions of increasing returns, which involve the growth of intermediate goods specializations, support advanced service employment. In addition, the increasing use of manufacturing products in services highlights...

Policies aimed at supporting economically lagging regions have changed considerably in the past decades. This includes an increased link between innovation and regional policy, as well as more recently transformative policy. The WIR! Programme, funded by the Ministry of Research and Education in...

Since 1950, agricultural productivity has been increasing even as labourers leave agriculture. However, while average productivity of the sector has been converging, within-sector inequality has been increasing. Agricultural income inequality is still less than overall income inequality, but it...

Der Bericht analysiert Unternehmensdynamiken in Deutschland und im Speziellen hinsichtlich der deutschen Wissenswirtschaft. Dabei werden Informationen zum Gründungs- und Schließungsgeschehen in Deutschland von 2005 bis 2023 bezüglich unterschiedlicher Branchen und Bundesländer untersucht und...

This study aims to contribute to the knowledge base on causal mechanisms and necessary conditions for successful structural change in the broad areas of ESF+ intervention. It provides quantitative and qualitative analysis of structural reforms carried out in EU Member States in 2014-2022,...

This document is part of a series presenting information and lessons learned on policy approaches at national, regional or local level supporting a just transition to a climate-neutral economy. The Just Transition Platform (JTP) assists EU Member States and regions to unlock the support in this...

This document is part of a series presenting information and lessons learned on policy approaches at national, regional or local level supporting a just transition to a climate-neutral economy. The Just Transition Platform (JTP) assists EU Member States and regions to unlock the support in this...

This report contains a case study for the Study supporting the Impact assessment of the future European Social Fund proposal. Achieving structural change: conditions for success in the areas of ESF intervention. The reform under assessment examines the Vocational Education and Training (VET)...