Technology, Globalisation and A Need for A New Model of Development (Mahboob ul Haq Lecture: Key Takeaways)

Dani Rodrik
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Dani Rodrik: Professor at John F. Kennedy School of Government, Harvard University, USA.

The Pakistan Development Review, 2022, vol. 61, issue 1, 118-120

Abstract: The transformations in the current global context—including the need to create opportunities for young people – force us to think of a new development model – There is a shift in patterns of structural transformation that has made the traditional model of development less relevant today. The standard model of structural transformation divides the economy on a sectoral basis – agriculture, manufacturing, and services. It suggests that as development occurs, there is a movement of resources—particularly labour, from low productivity / traditional agriculture to urban occupations that are more formal and organised.

Keywords: Technology; Globalisation (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:61:y:2022:i:1:p:118-120

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