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Beyond Industrialization: New Approaches to Development Strategy Based on the Service Sector

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  • Peter Sheehan

Abstract

Industrialization occupies a central place in the rich tapestry of development theory and practice. Although that place has varied over time, many have agreed with Nicholas Kaldor that the kind of economic growth that leads to high real income per capita can only occur through industrialization. This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities.

Suggested Citation

  • Peter Sheehan, 2008. "Beyond Industrialization: New Approaches to Development Strategy Based on the Service Sector," WIDER Working Paper Series RP2008-60, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2008-60
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2008-60.pdf
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    Cited by:

    1. United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) (ed.), 2009. "Globalization of Production and the Competitiveness of Small and Medium-sized Enterprises in Asia and the Pacific: Trends and Prospects," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), volume 65, number tipub2540, April.
    2. Eva Näfe & Barbara von Toll, 2011. "Is Broad Industrialisation Imperative for Development? Case Studies on Uganda and Tanzania," Competence Centre on Money, Trade, Finance and Development 1105, Hochschule fuer Technik und Wirtschaft, Berlin.
    3. Lavopa, Alejandro & Szirmai, Adam, 2012. "Industrialization, employment and poverty," MERIT Working Papers 2012-081, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Adam Fforde, 2018. "Changing Methods for the Allocation of Scarce Resources to Competing Ends: A Possible Explanation for the Wages Squeeze and Responses to It," Economic Papers, The Economic Society of Australia, vol. 37(3), pages 287-298, September.

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    Keywords

    Agricultural industries; Economic development; Industrialization; Service industries; Strategic planning;
    All these keywords.

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