New Perspectives on Structural Change
Causes and Consequences of Structural Change in the Global Economy
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Product details:
- Publisher OUP Oxford
- Date of Publication 25 March 2021
- ISBN 9780198850113
- Binding Hardback
- No. of pages752 pages
- Size 254x179x45 mm
- Weight 1458 g
- Language English
- Illustrations 91 90
Categories
Short description:
A comprehensive edited volume that outlines the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field.
MoreLong description:
New Perspectives on Structural Change is a comprehensive edited volume that outlines both the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field. The volume consists of four main sections. The first section covers the theoretical foundations of the structural change literature. The second section presents an empirical overview of the major trends of structural change, using up-to-date data sources and methods. The third section presents a broad ranging empirical analysis of the drivers of structural change. The fourth section examines how processes such as inclusive growth, poverty reduction, productive employment, the global income distribution, and environmental sustainability are affected by structural change, and how they can be influenced by policy.
MoreTable of Contents:
Preface
An Introduction to New Perspectives on Structural Change
Part 1: Theoretical Contributions
Structuralists' Contribution to Development Thinking: Old, New, and Unresolved Issues
Latin-American Structuralism and Neo-Structuralism
Structure and Structural Change in Macroeconomic Theory
Structural Change and the Role of Demand
Investment, Profitability, and Structural Change
Technological Revolutions, Structural Change, and Catching Up
Structural Change in General Equilibrium Thinking
The Geographical Dimension of Structural Change
Economic Complexity Perspectives on Structural Change
Part 2: Empirical Trends
Structural Change as a Modernization Process
Sectoral Dynamics
The Rise of the Service Sector in the Global Economy
Patterns of Diversification and Specialization in International Trade
Structural Change in Exports
Part 3: Drivers of Structural Change
Technical Progress and Structural Change
Determinants of Industrial Development
Trade Liberalization, Structural Change, and Economic Growth
The Role of Comparative Advantage, Endowments, and Technology in Structural Transformation
Finance and Structural Change
FDI, Multinationals and Structural Change in Developing Countries
Three Barriers to Structural Changes and Catch-Up by the Latecomers
Part 4: Socio-Economic Impacts of Structural Change and Policy Perspectives
How Has Globalisation Affected the Economic Growth, Structural Change and Poverty Reduction Linkages?
Structural Change, Economic Development and the Labour Market
Globalisation, Structural Change and Technological Progress In Emerging Economies
Structural Change and the Environment
Structural Transformation, Old and New Industrial Policies, and Implications for Development
The Political Economy of Structural Change