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Rethinking Development Policy : Deindustrialization, Servicification and Structural Transformation

Author: Manoj Atolia; Prakash Loungani; Milton Marquis; Chris Papageorgiou; IMF e-Library - York University.
Publisher: Washington, D.C. : International Monetary Fund, 2018.
Series: IMF Working Papers; Working Paper, no. 18/223.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
This paper takes a fresh look at the current theories of structural transformation and the role of private and public fundamentals in the process. It summarizes some representative past and current experiences of various countries vis-a-vis structural transformation with a focus on the roles of manufacturing, policy, and the international environment in shaping the trajectory of structural transformation. The  Read more...
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Additional Physical Format: Print Version:
Atolia, Manoj.
Rethinking Development Policy: Deindustrialization, Servicification and Structural Transformation.
Washington, D.C. : International Monetary Fund,2018
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Manoj Atolia; Prakash Loungani; Milton Marquis; Chris Papageorgiou; IMF e-Library - York University.
ISBN: 1484377494 9781484377499
OCLC Number: 1077760848
Description: 1 online resource (49 pages)
Series Title: IMF Working Papers; Working Paper, no. 18/223.
Responsibility: Manoj Atolia.

Abstract:

This paper takes a fresh look at the current theories of structural transformation and the role of private and public fundamentals in the process. It summarizes some representative past and current experiences of various countries vis-a-vis structural transformation with a focus on the roles of manufacturing, policy, and the international environment in shaping the trajectory of structural transformation. The salient aspects of the current debate on premature deindustrialization and its relation to a middle-income trap are described as they relate to the path of structural transformation. Conclusions are drawn regarding prospective future paths for structural transformation and development policies.

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