Showing 1 - 10 of 18
In Sub-Saharan Africa we find some of the highest levels of income inequality in the world. Nevertheless, we generally know very little about the historical development of inequality. In this paper we look at how inequality developed in colonial and post-colonial Botswana. We show that income...
Persistent link: https://www.econbiz.de/10011418616
The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the concept and instruments of industrial policy,...
Persistent link: https://www.econbiz.de/10010280155
This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include...
Persistent link: https://www.econbiz.de/10010280229
Developing countries face a trade-off between the twin objectives of structural transformation and inclusive growth. This is the 'developer's dilemma'. This study analyses the dilemma as it manifested itself in the Indian context, and identifies two distinct episodes over the post-independence...
Persistent link: https://www.econbiz.de/10012424011
We focus on special characteristics of the manufacturing sector, in terms of employment generation and productivity growth, that enable the rapid, resilient economic catch-up of developing countries. We consider the 'developer's dilemma' and the relationship between manufacturing value added or...
Persistent link: https://www.econbiz.de/10012424018
In this paper, we analyse the relationship between China's structural transformation and the inclusiveness of its economic growth. China's economy has undergone significant structural changes since it initiated the economic reforms in 1978. Economic activities have shifted from the...
Persistent link: https://www.econbiz.de/10012424020
This study examines the structural transformation-inclusive growth nexus for Ghana. The data cover the post-independence period for Ghana and are phased into three periods: the post-independence period to the start of the economic recovery programme (ERP) and structural adjustment programme...
Persistent link: https://www.econbiz.de/10012424024
The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as...
Persistent link: https://www.econbiz.de/10012424031
Between 1981 and 2017, real gross domestic product in Thailand grew at an average annual rate of 5.7 per cent. Agricultural output grew more slowly than industry or services, and its gross domestic product share consequently declined. Industry's gross domestic product share increased, and the...
Persistent link: https://www.econbiz.de/10012424033
This paper evaluates structural change, inequality dynamics, and industrial policy in South Africa between 1960 and the present day. We find that South Africa experienced growth-enhancing structural transformation until the early 1970s, before entering a period of premature deindustrialization....
Persistent link: https://www.econbiz.de/10012424037