New Structural Economics: A Framework for Rethinking Development
Economic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy. The market is the basic mechanism for effective resource allocation at each level of development. However, economic development as a dynamic p…
Read More ↓Title Statements
- Full title :New Structural Economics: A Framework for Rethinking Development
Summary
Economic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy. The market is the basic mechanism for effective resource allocation at each level of development. However, economic development as a dynamic process entails structural changes, including industrial upgrading and diversification and correspondi.
Read More ↓Edition Statements
- Publication Date:2012.
Publication Statements
- Publisher(s):The World Bank Group
- Language:eng
- Publication Date:2012.
The Physical Object
- Description:1 online resource
Edition Identifiers
- ISBN:9780821389577, 0821389572, 9780821389553, 0821389556
- oclc:on1229177330
- LC Classification:HD75
- Dewey Decimal:338.9
Table of Contents
Acknowledgments; Abbreviations; Introduction; I New Structural Economics: A Framework for Rethinking Development; Comments; Rejoinder: Development Thinking 3.0: The Road Ahead; II The Growth Report and New Structural Economics; Debate: Should Industrial Policy in Developing Countries Conform to Comparative Advantage or Defy It?; III Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change; Comments and Rejoinder; IV Applying the Growth Identification and Facilitation Framework: The Case of Nigeria
V Financial Structure and Economic DevelopmentVI Development Strategy, Institutions, and Economic Performance; VII Epilogue: The Path to a Golden Age of Industrialization in the Developing World; Index; Box; IV.1: Applying the GIFF: Comparative Value Chain Analysis; Figures; IV.1: Evolution of Total Factor Productivity; IV.2: Total Factor Productivity Relative to the United States; IV.3: Prioritization of Value Chains for Further Investigation; VI.1: Relative Price of Production Factors and Technique Choice; VI.2: Product Choice in an Industry; VI.3: Industry and Product Choices in an Economy
VI.4: The TCI and Black-Market PremiumVI.5: The TCI …
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