04901oam 22006615 450 991078948920332120200520144314.01-283-49186-997866134918620-8213-8957-210.1596/978-0-8213-8955-3(CKB)3460000000023801(EBL)868309(OCoLC)777565712(SSID)ssj0000599626(PQKBManifestationID)11372984(PQKBTitleCode)TC0000599626(PQKBWorkID)10596585(PQKB)11680024(MiAaPQ)EBC868309(Au-PeEL)EBL868309(CaPaEBR)ebr10530614(CaONFJC)MIL349186(OCoLC)785778967(The World Bank)2011050744(US-djbf)17086560(EXLCZ)99346000000002380120111216d2012 uf 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierNew structural economics : a framework for rethinking development /by Justin Yifu LinWashington, D.C. :World Bank,2012.pages cmDescription based upon print version of record.0-8213-8955-6 Includes bibliographical references and index.Contents; Acknowledgments; Abbreviations; Introduction; I New Structural Economics: A Framework for Rethinking Development; Comments; Rejoinder: Development Thinking 3.0: The Road Ahead; II The Growth Report and New Structural Economics; Debate: Should Industrial Policy in Developing Countries Conform to Comparative Advantage or Defy It?; III Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change; Comments and Rejoinder; IV Applying the Growth Identification and Facilitation Framework: The Case of NigeriaV Financial Structure and Economic DevelopmentVI Development Strategy, Institutions, and Economic Performance; VII Epilogue: The Path to a Golden Age of Industrialization in the Developing World; Index; Box; IV.1: Applying the GIFF: Comparative Value Chain Analysis; Figures; IV.1: Evolution of Total Factor Productivity; IV.2: Total Factor Productivity Relative to the United States; IV.3: Prioritization of Value Chains for Further Investigation; VI.1: Relative Price of Production Factors and Technique Choice; VI.2: Product Choice in an Industry; VI.3: Industry and Product Choices in an EconomyVI.4: The TCI and Black-Market PremiumVI.5: The TCI and the IEF; VI.6: The TCI and Expropriation Risk; VI.7: The TCI and Enterprise Autonomy; VI.8: The TCI and Openness; VI.9: Development Strategy and Income Distribution; Tables; IV.1: Macroeconomic Aggregates, 2003-2009; IV.2: Real Non-Oil GDP Growth, 2003-2009; IV.3: Contribution to Non-Oil GDP; IV.4: Labor Force Status; IV.5: Types of Employment as a Percentage of the Sample Population; IV.6: Types of Wage Employment; IV.7: GDP Per Capita PPP in 2009; IV.8: Identifying Sectors for Growth: Key Exports of China, India, Vietnam, and IndonesiaIV.9: Nigeria's Top Imports, 2010IV.10: Criteria for Screening Potential Subsectors; IV.11: Average Wage, Including Benefits, by Industry; IV.A1: Growth-Inhibiting Cross-Cutting Constraints, Interventions and Expected Outcomes; VI.1: Level of Per Capita Income; VI.2: Variable Definitions and Data Source; VI.3: Development Strategy and Economic Growth-Model 1; VI.4: Development Strategy and Economic Growth-Model 2; VI.5: Development Strategy and Economic Volatility; VI.6: The Effect of Development Strategy on InequalityVI.7: Development Strategy and the Performance of Economic Reform/TransitionVI.A1: TCI Based on Value Added in the Manufacturing SectorEconomic development is a process of continuous technological innovation and structural transformation. Development thinking is inherently tied to the quest for sustainable growth strategies. This book provides a neoclassical approach for studying the determinants of economic structure and its transformation and draws new insights for development policy. The market is the basic mechanism for effective resource allocation at each level of development. However, economic development as a dynamic process entails structural changes, including industrial upgrading and diversification and correspondiWorld Bank e-Library.Economic developmentNeoclassical school of economicsEconomic development.Neoclassical school of economics.338.9Lin Justin Yifu1952-283743DLCDLCBOOK9910789489203321New structural economics3722628UNINA