Economic transformation in Africa

One of the earliest and most central insights from the literature on economic development is that development entails structural change. The countries that manage to pull out of poverty and get richer are those that are able to diversify away from agriculture and other traditional products. As labor...

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Bibliographic Details
Main Authors: McMillan, Margaret S., Rodrik, Dani
Format: Brief
Language:Inglés
Published: International Food Policy Research Institute 2013
Subjects:
Online Access:https://hdl.handle.net/10568/153401
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author McMillan, Margaret S.
Rodrik, Dani
author_browse McMillan, Margaret S.
Rodrik, Dani
author_facet McMillan, Margaret S.
Rodrik, Dani
author_sort McMillan, Margaret S.
collection Repository of Agricultural Research Outputs (CGSpace)
description One of the earliest and most central insights from the literature on economic development is that development entails structural change. The countries that manage to pull out of poverty and get richer are those that are able to diversify away from agriculture and other traditional products. As labor and other resources move from agriculture into modern economic activities, overall productivity rises and incomes expand. The speed with which this transformation takes place is one of the key factors that differentiate successful countries from unsuccessful ones.
format Brief
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publishDate 2013
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spelling CGSpace1534012025-11-06T04:44:00Z Economic transformation in Africa McMillan, Margaret S. Rodrik, Dani transformation economic development structural adjustment One of the earliest and most central insights from the literature on economic development is that development entails structural change. The countries that manage to pull out of poverty and get richer are those that are able to diversify away from agriculture and other traditional products. As labor and other resources move from agriculture into modern economic activities, overall productivity rises and incomes expand. The speed with which this transformation takes place is one of the key factors that differentiate successful countries from unsuccessful ones. 2013 2024-10-01T13:56:05Z 2024-10-01T13:56:05Z Brief https://hdl.handle.net/10568/153401 en Open Access application/pdf International Food Policy Research Institute McMillan, Margaret S.; Rodrik, Dani 2013. Economic transformation in Africa. https://hdl.handle.net/10568/153401
spellingShingle transformation
economic development
structural adjustment
McMillan, Margaret S.
Rodrik, Dani
Economic transformation in Africa
title Economic transformation in Africa
title_full Economic transformation in Africa
title_fullStr Economic transformation in Africa
title_full_unstemmed Economic transformation in Africa
title_short Economic transformation in Africa
title_sort economic transformation in africa
topic transformation
economic development
structural adjustment
url https://hdl.handle.net/10568/153401
work_keys_str_mv AT mcmillanmargarets economictransformationinafrica
AT rodrikdani economictransformationinafrica