Rethinking Development Policy : Deindustrialization, Servicification and Structural Transformation

This paper takes a fresh look at the current theories of structural transformation and the role ofprivate and public fundamentals in the process. It summarizes some representative past andcurrent experiences of various countries vis-a-vis structural transformation with a focus on theroles of manufacturing, policy, and the international environment in shaping the trajectory ofstructural transformation. The salient aspects of the current debate on prematuredeindustrialization and its relation to a middle-income trap are described as they relate to thepath of structural transformation. Conclusions are drawn regarding prospective future paths forstructural transformation and development policies

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Year of publication:	2018
Authors:	Atolia, Manoj
Other Persons:	Loungani, Prakash (contributor) ; Marquis, Milton H. (contributor) ; Papageorgiou, Chris (contributor)
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Entwicklungspolitik \| Development policy \| Deindustrialisierung \| Deindustrialization \| Strukturwandel \| Structural change \| Entwicklung \| Economic development \| Welt \| World

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