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Structural Transformation Paths Across Countries

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  • El-hadj M. Bah

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.

Suggested Citation

  • El-hadj M. Bah, 2011. "Structural Transformation Paths Across Countries," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 47(0), pages 5-19, May.
  • Handle: RePEc:mes:emfitr:v:47:y:2011:i:0:p:5-19
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    Cited by:

    1. Cruz, Edgar, 2018. "Kuznets meets Lucas: Structural Change and Human Capital," MPRA Paper 88246, University Library of Munich, Germany.
    2. Era Dabla-Norris & Alun H. Thomas & Rodrigo Garcia-Verdu & Yingyuan Chen, 2013. "Benchmarking Structural Transformation Across the World," IMF Working Papers 13/176, International Monetary Fund.

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