Growth without Industrialization

Professor Dani Rodrik's new short essay for Project Syndicate is timely background reading for teachers and students looking at growth and development strategies among low and middle-income countries.

In many sub Saharan countries, the share of manufacturing output in total GDP is stagnant or falling giving rise to worries over premature de-industrialisation. But can countries continue to grow and improve development outcomes in other ways, for example by investing human capital in services (tourism and basic financial services) and in achieving a lift in agricultural productivity to increase incomes and domestic demand?