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来源类型Working Paper
规范类型报告
DOI10.3386/w23378
来源IDWorking Paper 23378
Structural Change, Fundamentals and Growth: A Framework and Case Studies
Margaret McMillan; Dani Rodrik; Claudia Sepulveda
发表日期2017-05-08
出版年2017
语种英语
摘要Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reductions in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic environment of lackluster global trade, not enough jobs coupled with skills mismatches, continued globalization and technological change, greater income inequality, unprecedented population aging in richer countries, and youth bulges in the poorer ones. This essay examines how seven key countries fared from 1990-2010 in their development quest. The sample includes seven developing countries—Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil —all of which experienced rapid growth in recent years, but for different reasons. The patterns of growth are analyzed in each of these countries using a unifying framework which draws a distinction between the “structural transformation” and “fundamentals” challenge in growth. Out of these seven countries, the traditional path to rapid growth of export oriented industrialization only played a significant role in Vietnam.
主题Development and Growth ; Development
URLhttps://www.nber.org/papers/w23378
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581052
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Margaret McMillan,Dani Rodrik,Claudia Sepulveda. Structural Change, Fundamentals and Growth: A Framework and Case Studies. 2017.
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