The Oxford Handbook of Structural Transformation
Published on 14. February 2019
Book
Hardback
742 pages
978-0-19-879384-7 (ISBN)
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.
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.
More details
Series
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 251 mm
Width: 177 mm
Thickness: 53 mm
Weight
1476 gr
ISBN-13
978-0-19-879384-7 (9780198793847)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Célestin Monga | Justin Yifu Lin
The Oxford Handbook of Structural Transformation
E-Book
02/2019
1st Edition
OUP eBook
€136.99
Available for download
Célestin Monga | Justin Yifu Lin
The Oxford Handbook of Structural Transformation
E-Book
02/2019
1st Edition
OUP eBook
€136.99
Available for download
Persons
Dr. Celestin Monga is Vice-President, Economic Governance and Knowledge Management at the African Development Bank Group. He also teaches economics at the University of Paris 1 Pantheon-Sorbonne, France, and Peking University, China. He has held various board and senior executive positions in academia, financial services, and international development institutions, serving most recently as Managing Director at the United Nations Industrial Development Organization (UNIDO), and Senior Economic Adviser-Director at the World Bank. Dr. Monga has published extensively on various dimensions of economic and political development. His books have been translated into several languages and are widely used as teaching tools in academic institutions around the world.
Professor Justin Yifu Lin, former Senior Vice-President and Chief Economist of the World Bank, is Dean of the Institute for New Structural Economics and the Institute of South-South Cooperation and Development, and Honorary Dean at the National School of Development, Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.
Professor Justin Yifu Lin, former Senior Vice-President and Chief Economist of the World Bank, is Dean of the Institute for New Structural Economics and the Institute of South-South Cooperation and Development, and Honorary Dean at the National School of Development, Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.
Editor
Vice-President, Economic Governance and Knowledge Management , African Development Bank; Visiting Professor of Economics, University of Paris 1 Pantheon-Sorbonne; Visiting Professor of Economics, Peking University, China
DeanDean, Institute of New Stuctural Economics, Institute of South-South Cooperation and Development, and National School of Development, all Peking University, China
Content
Celestin Monga: Introduction: Overcoming the Curse of Destiny
Section I: Theories and Frameworks of Structural Change
1: Joseph E. Stiglitz: Structural Transformation, Deep Downturns, and Government Policy
2: Roger Rogerson: Structural Transformation and Growth: Theoretical Considerations,
3: Justin Yifu Lin and Yong Wang: Remodeling Structural Change
4: Ravi Kanbur: Structural Transformation and Income Distribution: Kuznets and Beyond
5: Terutomo Ozawa: The Flying Geese Theory: A Reassessment
6: C. Peter Timmer: Changing Income Inequality during Structural Transformation: The Role of Agricultural Prices
7: Christian Ketels: Structural Transformation: A Competitiveness-Based View
Section II: Drivers, Channels, and Policy Instruments
8: Giovanni Federico: Trade and Structural Change over Two Centuries
9: Enisse Kharroubi and Luiz A. Pereira da Silva: Financial Reforms, Financial Development and Structural Change
10: Laura Alfaro and Maggie Xiaoyang Chen: Location Fundamentals, Agglomeration Economies, and the Geography of Multinational Firms
11: Pauline Lectard: Sustainable Structural Change in the Context of Global Value Chains
12: Xubei Luo and Gary Gereffi: Participation in Global Value Chains: Challenges and Opportunities
13: Xiaobo Zhang: Building Effective Clusters and Industrial Parks
14: Kevin Lu and Cledan Mandri-Perrott: Infrastructure Finance: Mobilizing Long-Term Liability Embedded Funds from International Institutional Investors to Emerging Markets
Section III: Empirics of Structural Change
15: Celestin Monga and Samuel Standaert: Measuring Structural Change
16: Phillip Pardey and Julian M. Alston: Transforming Traditional Agriculture Redux
17: Nobuya Haraguchi: Manufacturing and Employment in Large Countries
18: Kalpana Kochhar, Sonali Jain-Chandra, and Monique Newiak: Global Megatrends and the Macroeconomics of Gender
Section IV: Country and Regional Experiences
19: Jose Antonio Ocampo: The Transformation of Latin American Economies
20: Deepak Nayyar: India's Path to Transformation: An Exception to the Rule
21: Khalid Ikram: Structural Transformation in Egypt, 1965-2015
22: Dang Thi Thu Hoai, Finn Tarp, and Dirk van Seventer: Growth and Structural Transformation in Viet Nam: The Real Story Beneath
23: Barry Naughton: Economic Reform and Structural Change: The Chinese Experience
24: Keun Lee: Financing Industrial Development in Korea and Implications for Africa
25: Wan-wen Chu: How Taiwan Managed to Grow: Structural Transformation and Industrial Policy
26: Arkebe Oqubay: Ethiopia: Lessons from an Experiment
27: Xinshen Diao, Josaphat Kweka, and Margaret McMillan: Economic Transformation in Africa from the Bottom Up: New Evidence from Tanzania
28: Tchetche Nguessan: Growth and Structural Transformation in the WAEMU Countries
Section V: Concluding Thoughts
29: Celestin Monga: Truth is the Safest Lie: A Reassessment of Development Economics
30: Roger Myerson: American Democracy: Lessons for Global Development
31: Edmund Phelps: Desirable Directions of Structural Transformation
Section I: Theories and Frameworks of Structural Change
1: Joseph E. Stiglitz: Structural Transformation, Deep Downturns, and Government Policy
2: Roger Rogerson: Structural Transformation and Growth: Theoretical Considerations,
3: Justin Yifu Lin and Yong Wang: Remodeling Structural Change
4: Ravi Kanbur: Structural Transformation and Income Distribution: Kuznets and Beyond
5: Terutomo Ozawa: The Flying Geese Theory: A Reassessment
6: C. Peter Timmer: Changing Income Inequality during Structural Transformation: The Role of Agricultural Prices
7: Christian Ketels: Structural Transformation: A Competitiveness-Based View
Section II: Drivers, Channels, and Policy Instruments
8: Giovanni Federico: Trade and Structural Change over Two Centuries
9: Enisse Kharroubi and Luiz A. Pereira da Silva: Financial Reforms, Financial Development and Structural Change
10: Laura Alfaro and Maggie Xiaoyang Chen: Location Fundamentals, Agglomeration Economies, and the Geography of Multinational Firms
11: Pauline Lectard: Sustainable Structural Change in the Context of Global Value Chains
12: Xubei Luo and Gary Gereffi: Participation in Global Value Chains: Challenges and Opportunities
13: Xiaobo Zhang: Building Effective Clusters and Industrial Parks
14: Kevin Lu and Cledan Mandri-Perrott: Infrastructure Finance: Mobilizing Long-Term Liability Embedded Funds from International Institutional Investors to Emerging Markets
Section III: Empirics of Structural Change
15: Celestin Monga and Samuel Standaert: Measuring Structural Change
16: Phillip Pardey and Julian M. Alston: Transforming Traditional Agriculture Redux
17: Nobuya Haraguchi: Manufacturing and Employment in Large Countries
18: Kalpana Kochhar, Sonali Jain-Chandra, and Monique Newiak: Global Megatrends and the Macroeconomics of Gender
Section IV: Country and Regional Experiences
19: Jose Antonio Ocampo: The Transformation of Latin American Economies
20: Deepak Nayyar: India's Path to Transformation: An Exception to the Rule
21: Khalid Ikram: Structural Transformation in Egypt, 1965-2015
22: Dang Thi Thu Hoai, Finn Tarp, and Dirk van Seventer: Growth and Structural Transformation in Viet Nam: The Real Story Beneath
23: Barry Naughton: Economic Reform and Structural Change: The Chinese Experience
24: Keun Lee: Financing Industrial Development in Korea and Implications for Africa
25: Wan-wen Chu: How Taiwan Managed to Grow: Structural Transformation and Industrial Policy
26: Arkebe Oqubay: Ethiopia: Lessons from an Experiment
27: Xinshen Diao, Josaphat Kweka, and Margaret McMillan: Economic Transformation in Africa from the Bottom Up: New Evidence from Tanzania
28: Tchetche Nguessan: Growth and Structural Transformation in the WAEMU Countries
Section V: Concluding Thoughts
29: Celestin Monga: Truth is the Safest Lie: A Reassessment of Development Economics
30: Roger Myerson: American Democracy: Lessons for Global Development
31: Edmund Phelps: Desirable Directions of Structural Transformation