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Structural change, fundamentals, and growth: A framework and case studies

Editor

Listed:
  • McMillan, Margaret S.; Rodrik, Dani; Sepúlveda, Claudia

Author

Listed:
  • McMillan, Margaret S.
  • Rodrik, Dani
  • Sepúlveda, Claudia

Abstract

The volume consists of an overview and seven country studies, written by leading scholars from both developed and developing countries. The overview lays out a unifying framework for thinking about economic growth as a combination of two challenges. The “structural change challenge†is focused on moving resources from traditional low-productivity activities into modern, more productive industries. The “fundamentals challenge†faced by policy makers in the developing world is about how best to develop broad capabilities such as human capital and infrastructure. While the two are inextricably linked, they are conceptually different, and making this distinction is one of the contributions of this book. The overview also includes a description of the common methodology used in the country studies, a discussion of data and measurement issues, and a synthesis of the findings.

Suggested Citation

  • McMillan, Margaret S. & Rodrik, Dani & Sepúlveda, Claudia, 2017. "Structural change, fundamentals, and growth: A framework and case studies," IFPRI books, International Food Policy Research Institute (IFPRI), number 978-0-89629-214-7 edited by McMillan, Margaret S.; Rodrik, Dani; Sepúlveda, Claudia.
  • Handle: RePEc:fpr:ifprib:9780896292147
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    File URL: https://hdl.handle.net/10568/141750
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    1. Gonzaga, Gustavo & Menezes Filho, Naercio & Terra, Cristina, 2006. "Trade liberalization and the evolution of skill earnings differentials in Brazil," Journal of International Economics, Elsevier, vol. 68(2), pages 345-367, March.
    2. Margaret S. McMillan & Dani Rodrik, 2011. "Globalization, Structural Change and Productivity Growth," NBER Working Papers 17143, National Bureau of Economic Research, Inc.
    3. repec:cdl:ucsdec:qt6m96c2r7 is not listed on IDEAS
    4. Pedro Cavalcanti Ferreira & JosÈ Luiz Rossi, 2003. "New Evidence from Brazil on Trade Liberalization and Productivity Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(4), pages 1383-1405, November.
    5. Marcelo de Paiva Abreu, 2000. "Contrasting histories in the political economy of protectionism: Argentina and Brazil, 1880-1930," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 1(1), pages 93-110, January-J.
    6. Fields, Gary S, 1977. "Who Benefits from Economic Development?-A Reexamination of Brazilian Growth in the 1960's," American Economic Review, American Economic Association, vol. 67(4), pages 570-582, September.
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