Structural Change, Industrialization, and Convergence

Dani Rodrik

Chapter Chapter 2 in Getting Development Right, 2013, pp 27-40 from Palgrave Macmillan

Abstract: Abstract What I hope to do in my presentation is to give a perspective that draws on my research about the recent experience of economic growth in the developing world and emerging markets and what that suggests for the future of economic convergence. Convergence refers to the closing of the gap in living standards between the poor majority in the world and the rich minority. For hundreds of millions of people the last few decades have actually not been all that bad. These recent decades have been better than any they or their parents or previous generations had, not only in absolute terms but also in terms of relative performance compared to what was happening in the advanced parts of the world.

Keywords: Labor Productivity; Productivity Growth; Industrial Policy; Employment Share; Washington Consensus (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33311-7_2

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DOI: 10.1057/9781137333117_2

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