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Structural Change, Industrialization, and Convergence

In: Getting Development Right

Author

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  • Dani Rodrik

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.

Suggested Citation

  • Dani Rodrik, 2013. "Structural Change, Industrialization, and Convergence," Palgrave Macmillan Books, in: Eva Paus (ed.), Getting Development Right, chapter 0, pages 27-40, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-33311-7_2
    DOI: 10.1057/9781137333117_2
    as

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