Arbeitspapier

Structural transformation in the world economy: On the significance of developing countries

This paper outlines the contours of global economic development, since 1980, to analyse underlying factors and consider future implications. The increased economic significance of developing countries, reflected in their share of world output, manufacturing and trade, is striking. But development, driven by rapid economic growth, has been most uneven. It is concentrated in a few economies, the Next-14, which have led the catch-up process. Their similarities - initial conditions, enabling institutions and supportive governments - suggest lessons for latecomers. Their experience shows that there are alternative paths to development, rather than unique solutions, so that one-size-does-not-fit-all and there are choices to be made. And it is clear that inclusive societies alone can sustain rapid growth and transform it into development that improves the wellbeing of their people.

ISBN
978-92-9256-146-8
Sprache
Englisch

Erschienen in
Series: WIDER Working Paper ; No. 2016/102

Klassifikation
Wirtschaft
Thema
global economy
inclusive growth
transformation
development

Ereignis
Geistige Schöpfung
(wer)
Nayyar, Deepak
Ereignis
Veröffentlichung
(wer)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(wo)
Helsinki
(wann)
2016

DOI
doi:10.35188/UNU-WIDER/2016/146-8
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Nayyar, Deepak
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Entstanden

  • 2016

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