Structural Change and Economic Growth in Developing Countries

Author(s):  
Vadiraj R. Panchamukhi ◽  
R. G. Nambiar ◽  
R. Mehta
Author(s):  
Jan Fagerberg ◽  
Bart Verspagen

This chapter interprets the transition to a more sustainable type of growth as a technological revolution in progress. The chapter opens with a general discussion of the role of technological revolutions and structural change and economic growth, with special emphasis on the acquisition of foreign technology, exports, and catching-up-based growth. It then goes on to examine whether the transition to renewable energy can be seen as a technological revolution in line with the great technological revolutions of the past. The answer to this question is in the affirmative. The final section discusses the implications of this for catching-up-based growth in China and other developing countries.


Author(s):  
Alessandro Nuvolari ◽  
Emanuele Russo

This chapter traces long term patterns of technological change. In particular, we connect the long run patterns of structural change to the emergence and consolidation of the technological systems of the First, Second and the Third Industrial Revolutions. There is a long-run shift from agriculture to industry and services. But this transformation is less rapid than previously thought. In this context, we also reassess the literature on industrialization as an engine of growth. Manufacturing is still important, but less powerful than in the past, with many developing countries facing premature deindustrialization. The chapter documents sectoral differences in patterns of innovation, connecting Pavitt-type classifications with structural change to link technological system with sectors. In this way, our study provides new insights into the links between technical progress, structural change and economic growth.


Author(s):  
Rajah Rasiah ◽  
Gopi Krishnan

Industrial agglomerations have become a major vehicle for stimulating economic growth and structural change in many countries. Malaysia was a pioneer amongst the developing countries that launched industrial hubs. This chapter examines the theoretical rationale, the policies introduced, and the four industrial agglomeration strategies launched by the Malaysian government to stimulate industrialization. The initial objective of developing export processing zones (EPZs) to attract investment, create jobs, and generate exports was successful. Unemployment, poverty rates, and income inequality fell from 1970 till 2017. However, EPZs, and the subsequent attempts to stimulate structural change from low- to high-value activities through science and technology parks and regional corridors, was not successful owing to the lack of human capital and effective technological upgrading policies. Initiatives to galvanize the industrial hubs must address these shortcomings, as well as emphasizing environmental greening and the evolution of an egalitarian economy.


2004 ◽  
pp. 66-76
Author(s):  
E. Hershberg

The influence of globalization on international competitiveness is considered in the article. Two strategies of economic growth are pointed out: the low road, that is producing more at lower cost and lower wages, with increasingly intensive exploitation of labor and environment, and the high road, that is upgrading capabilities in order to produce better basing on knowledge. Restrictions for developing countries trying to reach global competitiveness are formulated. Special attention is paid to the concept of upgrading and opportunities of joining transnational value chains. The importance of learning and forming social and political institutions for successful upgrading of the economy is stressed.


1994 ◽  
Vol 33 (4I) ◽  
pp. 327-356 ◽  
Author(s):  
Richard G. Lipsey

I am honoured to be invited to give this lecture before so distinguished an audience of development economists. For the last 21/2 years I have been director of a project financed by the Canadian Institute for Advanced Research and composed of a group of scholars from Canada, the United States, and Israel.I Our brief is to study the determinants of long term economic growth. Although our primary focus is on advanced industrial countries such as my own, some of us have come to the conclusion that there is more common ground between developed and developing countries than we might have first thought. I am, however, no expert on development economics so I must let you decide how much of what I say is applicable to economies such as your own. Today, I will discuss some of the grand themes that have arisen in my studies with our group. In the short time available, I can only allude to how these themes are rooted in our more detailed studies. In doing this, I must hasten to add that I speak for myself alone; our group has no corporate view other than the sum of our individual, and very individualistic, views.


2017 ◽  
Vol 1 (2) ◽  
pp. 205
Author(s):  
Gideon J. ◽  
Edgar H. ◽  
Ivan I. ◽  
Nabil N. ◽  
Aptina A. ◽  
...  

<p>People Tax is the main source of state income. The better the tax policy of a country, the better the development of a country. One of the factors that influence the level of public awareness in paying taxes is corruption. Study shows that tax collection is one of them influenced by corruption. In the data of Corruption Perceptions Index 2016 reported by Transparency International, Indonesia is ranked 90 out of 176 countries. Tax evasion is a serious problem for many countries. Every year, the government loses revenue potential as many residents evade taxes in various ways. For this reason, the government implements tax amnesty. Tax amnesty is designed to permanently reduce the amount of underground economy activity, thereby increasing tax revenues in the future and developing countries can grow well.</p>


2020 ◽  
Author(s):  
Lungwani Muungo

Despite major improvements in diagnostics and interventional therapies, cardiovascular diseases remain a major healthcare and socio-economic burden both in western and developing countries, in which this burden is increasing in closecorrelation to economic growth. Health authorities and the general population have started to recognize that the fightagainst these diseases can only be won if their burden is faced by increasing our investment on interventions in lifestylechanges and prevention. There is an overwhelming evidence of the efficacy of secondary prevention initiatives includingcardiac rehabilitation in terms of reduction in morbidity and mortality. However, secondary prevention is still too poorlyimplemented in clinical practice, often only on selected populations and over a limited period of time. The developmentof systematic and full comprehensive preventive programmes is warranted, integrated in the organization ofnational health systems. Furthermore, systematic monitoring of the process of delivery and outcomes is a necessity.


2016 ◽  
Vol 6 (3) ◽  
pp. 93-105
Author(s):  
Naila Maier-Knapp

In December 2015, the Association of Southeast Asian Nations (ASEAN) celebrated the official establishment of the ASEAN Community. Having emerged in 1967 as a regional grouping of developing countries with minimal shared interests—beyond the common concern of economic growth and national resilience, ASEAN now has established regional structures which have been vital in enhancing development and dialogue on a broad range of issues across the Southeast Asian region. Over the years, the institutional development at the regional level has been accompanied by various efforts to promote regional unity and identity. The more recent years have also displayed that the international community has been supporting these efforts for ASEAN unity and identity by showing greater recognition of ASEAN as an international actor in its own right, for example, through the establishment of numerous country delegations to ASEAN.


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