Showing 1 - 10 of 17
Structural transformation - the movement of workers from low-productivity to high-productivity activities - is an essential ingredient of inclusive growth. This paper reviews the evidence on why the pace of structural transformation has differed widely across countries in Asia, with a specific...
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An important stylized fact about African economic development is the phenomenon of urbanization without structural transformation. This paper provides a political economy analysis of the lack of structural transformation in African cities, drawing on the Deals and Development framework. It...
Persistent link: https://www.econbiz.de/10015053974
One of the key features of modern economic growth is the process of structural transformation, which is the movement of workers from agriculture to manufacturing and services. In this study, the author identifies different routes to structural transformation that we see in the developing world....
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This paper discusses the 'developer's dilemma' - a tension emerging from the fact that developing countries are simultaneously seeking structural transformation and broad-based growth to raise incomes of the poor. Simon Kuznets originally hypothesized that structural transformation may have a...
Persistent link: https://www.econbiz.de/10012183608
We examine the Kuznets postulate that structural transformation leads to higher inequality using comparable panel data for a large number of developing and developed countries for 1960-2012. Countries are in different stages of structural transformation, being either structurally...
Persistent link: https://www.econbiz.de/10012137963
Building upon a multisectoral framework in light of the Kuznetsian paradigm, this paper analyses the relationship between structural transformation and income inequality. Empirical evidence is drawn using a large census dataset consisting of more than 22 million individuals from Mexico and the...
Persistent link: https://www.econbiz.de/10015329729
Seven decades ago, Simon Kuznets put forward the hypothesis that as economies developed, national inequality would first increase and then decrease-an inverted U-shape. He provided preliminary evidence for the hypothesis on the basis of the limited data available at the time, and theorized the...
Persistent link: https://www.econbiz.de/10015419986
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