The Oxford Handbook of Structural Transformation
Series: Oxford Handbooks;
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Product details:
- Publisher OUP Oxford
- Date of Publication 14 February 2019
- ISBN 9780198793847
- Binding Hardback
- No. of pages742 pages
- Size 246x171 mm
- Weight 1440 g
- Language English 0
Categories
Short description:
This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.
MoreLong description:
The Oxford Handbook of Structural Transformation addresses the economics of structural transformation around the world. It deals with major themes, which include history and context, critical issues and concepts, methodological foundations, main theoretical approaches, policy issues, some illuminating country experiences of structural transformation, and important debates on the respective roles of the market and the state in that process.
The historical record provides a challenge for economists to understand the success of the rising economic powers (some of them initially considered unlikely candidates for prosperity) and the stagnation or decline of others. Five major questions emerge:
? Why has so much divergence occurred among nations of the world since the Industrial Revolution, and particularly during the 20th century?
? Why has the pattern changed recently with the emergence of a few developing economies (e.g. the multi-polar world), and can it be sustained?
? What are the key drivers, strategies, and policies, to foster structural transformation in various different country contexts and in a constantly evolving global economy?
? How could low- and middle-income countries avoid development traps and learn from past experiences whilst exploiting the new opportunities offered by the Fourth Industrial Revolution?
? What is the role of various development stakeholders and other important players in facilitating sustained economic convergence among nations?
This book addresses these questions, bringing the rigor, usefulness, and multi-disciplinary scope of the Oxford Handbook series to a critical topic in economics. The Oxford Handbook of Structural Transformation is an essential reference work and a stimulus to new research and creativity across all branches of the social sciences.
Table of Contents:
Introduction: Overcoming the Curse of Destiny
Section I: Theories and Frameworks of Structural Change
Structural Transformation, Deep Downturns, and Government Policy
Structural Transformation and Growth: Theoretical Considerations,
Remodeling Structural Change
Structural Transformation and Income Distribution: Kuznets and Beyond
The Flying Geese Theory: A Reassessment
Changing Income Inequality during Structural Transformation: The Role of Agricultural Prices
Structural Transformation: A Competitiveness-Based View
Section II: Drivers, Channels, and Policy Instruments
Trade and Structural Change over Two Centuries
Financial Reforms, Financial Development and Structural Change
Location Fundamentals, Agglomeration Economies, and the Geography of Multinational Firms
Sustainable Structural Change in the Context of Global Value Chains
Participation in Global Value Chains: Challenges and Opportunities
Building Effective Clusters and Industrial Parks
Infrastructure Finance: Mobilizing Long-Term Liability Embedded Funds from International Institutional Investors to Emerging Markets
Section III: Empirics of Structural Change
Measuring Structural Change
Transforming Traditional Agriculture Redux
Manufacturing and Employment in Large Countries
Global Megatrends and the Macroeconomics of Gender
Section IV: Country and Regional Experiences
The Transformation of Latin American Economies
India's Path to Transformation: An Exception to the Rule
Structural Transformation in Egypt, 1965-2015
Growth and Structural Transformation in Viet Nam: The Real Story Beneath
Economic Reform and Structural Change: The Chinese Experience
Financing Industrial Development in Korea and Implications for Africa
How Taiwan Managed to Grow: Structural Transformation and Industrial Policy
Ethiopia: Lessons from an Experiment
Economic Transformation in Africa from the Bottom Up: New Evidence from Tanzania
Growth and Structural Transformation in the WAEMU Countries
Section V: Concluding Thoughts
Truth is the Safest Lie: A Reassessment of Development Economics
American Democracy: Lessons for Global Development
Desirable Directions of Structural Transformation
