Structural Transformation Paths Across Countries

El-hadj Bah

Emerging Markets Finance and Trade, 2011, vol. 47, issue 0, 5-19

Abstract: Structural transformation is a key feature of economic development. Developed countries all followed the same process of structural transformation. This paper asks whether developing countries also follow a similar process. Three key findings emerge from the detailed analysis. First, developing countries are following different paths of structural transformation that deviate from those of developed countries in different ways. Second, the paths of the subcontinents of Africa, Asia, and Latin America are distinct, and there is great heterogeneity within each region. Third, many countries experience substantial structural transformation during periods of economic stagnation or even decline.

Keywords: Africa; Asia; economic development; Latin America; structural change; structural transformation (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=70N15R4R140W6124 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:47:y:2011:i:0:p:5-19

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MREE20

Access Statistics for this article

More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().