New Perspectives on Structural Change: Causes and Consequences of Structural Change in the Global Economy
by Bart Verspagen, Neil Foster-McGregor, Ludovico Alcorta & Adam Szirmai (Eds)
Publisher: Oxford University Press, Oxford, UK
New Perspectives on Structural Change is a comprehensive edited volume that outlines both the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field. The volume consists of four main sections. The first section covers the theoretical foundations of the structural change literature. The second section presents an empirical overview of the major trends of structural change, using up-to-date data sources and methods. Section 3 presents a broad ranging empirical analysis of the drivers of structural change. Section four examines how processes such as inclusive growth, poverty reduction, productive employment, the global income distribution, and environmental sustainability are affected by structural change, and how they can be influenced by policy.