Economics
Topic updates
Growth without Industrialization
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?
My latest column "Growth without Industrialization?" https://t.co/Ge0bY2JBXi
— Dani Rodrik (@rodrikdani) October 10, 2017
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