Diverse Development Paths and Structural Transformation in the Escape from Poverty

5c4ed7c743dee.jpg Author Martin Andersson and Tobias Axelsson
Isbn 9780198737407
File size 3MB
Year 2016
Pages 312
Language English
File format PDF
Category Economics

Book Description:

This volume analyzes the experiences of developing countries in Asia, Latin America, and Sub-Saharan Africa, and examines how they might catch up.

Based on growth performance across the developing world over the last five decades, it offers a thorough account of the possibilities to engage in such processes in an increasingly globalized world. Together, the chapters highlight the diversity and variation of development pathways and provide valuable lessons and implications for how to approach this difficult question. The book shows the importance of acknowledging that the process of development is dynamic and that the possibilities for catch up are situation dependent. At the same time it makes clear that without structural change, and in particular agricultural transformation, sustained catch up is unlikely to happen.

The volume demonstrates how analysis of current growth processes in developing countries can be enriched by paying closer attention to the multifaceted nature of both economic backwardness and successful pathways to escape it.

 

 

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