India'S Atypical Structural Transformation
In: Economic Synopses, Issue 23, 2015
In: Economic Synopses, Issue 23, 2015
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In: IMF Working Papers
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a catalyst for broad-based economic growth, rather than turning into isolated enclaves, when the economy is liberalized, the exchange rate is not overvalued, and there are good information flows. An educated workforce, external liberalization, and good information flows are important prerequisites for developing
In: Modern economic & business series 2
In: CEPR Discussion Paper No. DP15110
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In: Global Poverty Research Lab Working Paper No. 17-107
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In: NBER Working Paper No. w26327
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Purpose: Coproduction fundamentally changes the roles of citizens and governments. The purpose of this paper is to enhance the theoretical understanding of the transformative changes in the structural order of the public domain that result from the coproduction of public services. Design/methodology/approach: This paper builds upon both the literature on coproduction of public services, new public governance and on social contracts between citizens and the state to identify the nature, drivers and implications of the transformation. The argument is illustrated with examples from crime control and healthcare. Findings: The analysis identified an institutional misfit and highlights four key issues that are key to the understanding of the structural transformation of public services: compensation for time and knowledge resources, responses to new forms of (in)equality, risk of conflicts between citizens and re-organizing accountability. Research limitations/implications: The analysis highlights the need for further research into the implications of coproduction for government legitimacy, transfer of power, financial implications, representativeness and consequences for non-coproducing citizens. Originality/value: This paper links instrumental debates about the coproduction of public services to fundamental debates about the relations between government and citizens and identifies substantial issues that are raised by this structural transformation in the public domain and that require new responses.
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In: Oxford development studies, Band 51, Heft 4, S. 455-475
ISSN: 1469-9966
This study examines the structural transformation-inclusive growth nexus for Ghana. The data cover the post-independence period for Ghana and are phased into three periods: the post-independence period to the start of the economic recovery programme (ERP) and structural adjustment programme (SAP) (1957-83), the ERP/SAP period to the start of oil production (1984-2010), and the start of oil production to date (2010-17). The paper finds that structural transformation has been generally weak and also associated with limited inclusive growth. In part, the legacy problem relating to political settlements, and with its roots in the immediate post-independence policies, has been important in shaping these outcomes. The paper concludes by noting that there is potential for the country to move to a path where structural transformation will be more impactful for inclusive growth. However, the risk of adverse political settlements still mitigating this potential impact remains.
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Indonesia has managed to combine high rates of growth, rapid reductions in rural poverty and a significant structural transformation of its economy all at the same time without a big increase in urban manufacturing. Agriculture was a critical part of this transformation through two important channels. First, export-oriented agriculture, particularly palm oil and rubber contributed to rising foreign exchange receipts and helped make compatible rapid growth without balance of payments pressure on the macro economy. Second, through the release of workers from low productivity agriculture to more productive nonagricultural activities, structural change contributed between 25 and 50 percent of the rise in national labor productivity depending on the period. The government also played an important role in agricultural development and productivity growth. Public investments in irrigation in combination with subsidies for fertilizer and improved seeds increased agricultural productivity generating an adequate supply of food for domestic needs with less labor. ; Non-PR ; IFPRI1; DCA; ReSAKSS Asia; CRP2; 4 Transforming Agricultural and Rural Economies ; DSGD; PIM ; CGIAR Research Program on Policies, Institutions, and Markets (PIM)
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In: Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 08/2017
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In: IMF Working Papers v.Working Paper No. 15/51
Cover -- Structural Transformation-How Does Thailand Compare? -- I. INTRODUCTION -- II. DATA -- III. HOW DOES THAILAND COMPARE WITH OTHER ECONOMIES? -- IV. MORE DETAILED BREAKDOWN -- V. DYNAMICS -- VI. MODEL -- VII. WHAT EXPLAINS THAILAND'S IDIOSYNCRASIES? -- VIII. POLICY IMPLICATIONS -- IX. CONCLUSIONS -- References -- Appendix I: Productivity Growth Decomposition.