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Growth without Industrialization

Geoff Riley

10th October 2017

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?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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