Structural Transformation And The Sophistication Of Production

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Structural Transformation And The Sophistication Of Production

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Author : Mr.Nicola Spatafora
language : en
Publisher: International Monetary Fund
Release Date : 2012-02-01

Structural Transformation And The Sophistication Of Production written by Mr.Nicola Spatafora and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-01 with Business & Economics categories.

A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a catalyst for broad-based economic growth, rather than turning into isolated enclaves, when the economy is liberalized, the exchange rate is not overvalued, and there are good information flows. An educated workforce, external liberalization, and good information flows are important prerequisites for developing sophisticated goods and services. An appropriate macroeconomic policy is particularly important for goods, skilled labor and good information flows for services.

Structural Transformation And The Sophistication Of Production

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Author : Rahul Anand
language : en
Publisher:
Release Date : 2015

Structural Transformation And The Sophistication Of Production written by Rahul Anand and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a catalyst for broad-based economic growth, rather than turning into isolated enclaves, when the economy is liberalized, the exchange rate is not overvalued, and there are good information flows. An educated workforce, external liberalization, and good information flows are important prerequisites for developing sophisticated goods and services. An appropriate macroeconomic policy is particularly important for goods, skilled labor and good information flows for services.

Varieties Of Structural Transformation

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Author : Kunal Sen
language : en
Publisher: Cambridge University Press
Release Date : 2023-09-30

Varieties Of Structural Transformation written by Kunal Sen and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-30 with Business & Economics categories.

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. This study identifies different routes to structural transformation that we see in the developing world. This title is also available as Open Access on Cambridge Core.

Emerging Patterns Of Manufacturing Structural Change

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Author : Nobuya Haraguchi
language : en
Publisher:
Release Date : 2011

Emerging Patterns Of Manufacturing Structural Change written by Nobuya Haraguchi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Manufacturing industries categories.

Inclusive Growth Full Employment And Structural Change

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Author : Jesus Felipe
language : en
Publisher: Anthem Press
Release Date : 2012-12-15

Inclusive Growth Full Employment And Structural Change written by Jesus Felipe and has been published by Anthem Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-15 with Business & Economics categories.

'Inclusive Growth, Full Employment, and Structural Change: Implications and Policies for Developing Asia' discusses policies to achieve inclusive growth in developing Asia, including agriculture, investment, certain state interventions, monetary, fiscal, and the role of the state as employer of last resort. Felipe argues that full employment of the labor force is the key to delivering inclusive growth. Full employment is the most direct way to improve the well-being of the people, especially of the most disadvantaged. Since unemployment and underemployment are pervasive in many parts of the region, Asian leaders must commit to the goal of full employment. The book also analyzes the region's phenomenal growth in recent decades in terms of structural transformation. Accelerating it is vital for the continued growth of developing Asia. But efforts to achieve full employment might be held back given that structural transformation requires massive labor shifts across sectors, and these are difficult to coordinate. Moreover, the goal of full employment was abandoned in the 1970s, and governments and central banks have since concentrated on keeping inflation low.

Structural Transformation

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Author : Hollis Burnley Chenery
language : en
Publisher:
Release Date : 1986

Structural Transformation written by Hollis Burnley Chenery and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Economic development categories.

Structural Transformation Out Of Manufacturing

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Author : Chantal Princesse Yasenzia Yangunyo
language : en
Publisher:
Release Date : 2015

Structural Transformation Out Of Manufacturing written by Chantal Princesse Yasenzia Yangunyo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

This paper examines the factors driving structural transformation, or worker reallocation, from manufacturing to services using a sample of 45 countries. As suggested by the general equilibrium model developed in this work, examining the trends in the relative price of services to manufacturing goods allows us to identify two main engines of structural transformation: a labor pull and a labor push effect. In the case of the United States, for example, the "pull" channel dominates before 1953, meaning that it is higher technological growth in services which is "pulling" workers to move out of manufacturing and into services. The "push" channel is the main engine at work since 1953, suggesting that it is instead higher technological growth in manufacturing which is "pushing" workers towards the services sector. A cross-country analysis over the 1970-2011 period also suggests periods of dominance of both channels for a handful of other countries analyzed.

Sectoral Technology And Structural Transformation

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Author : Berthold Herrendorf
language : en
Publisher:
Release Date : 2013

Sectoral Technology And Structural Transformation written by Berthold Herrendorf and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Factors of production categories.

Rethinking Development Policy Deindustrialization Servicification And Structural Transformation

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Author : Manoj Atolia
language : en
Publisher: International Monetary Fund
Release Date : 2018-09-28

Rethinking Development Policy Deindustrialization Servicification And Structural Transformation written by Manoj Atolia and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-28 with Business & Economics categories.

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

Transforming Economies

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Author : José Manuel Salazar-Xirinachs
language : en
Publisher:
Release Date : 2014-05-05

Transforming Economies written by José Manuel Salazar-Xirinachs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-05 with Developed countries categories.

This book helps connect the dots between economic theory, the role of capabilities, the lessons from history and the practical challenges of design and implementation of industrial policies. In so doing it provides an excellent policy roadmap for anyone interested in the challenge of promoting catch-up growth and productive transformation.