A group of prominent international economists consider what makes for successful convergence--what policies and economic conditions help poor countries catch up to the living standards of rich countries.

Active economic policies by developing countries’ governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the...

"Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income...

Active economic policies by developing countries? governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the...

Active economic policies by developing countries governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the...

The historical record indicates that in all successful economies, the state has always played an important role in facilitating structural change and helping the private sector sustain it across time. This paper puts forward a new approach to help policymakers in developing countries identify...