The Oxford Handbook of Structural Transformation

Price: 7995.00 INR

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ISBN:

9780198793847

Publication date:

25/04/2019

Hardback

752 pages

246.0x171.0mm

Price: 7995.00 INR

We sell our titles through other companies
Disclaimer :You will be redirected to a third party website.The sole responsibility of supplies, condition of the product, availability of stock, date of delivery, mode of payment will be as promised by the said third party only. Prices and specifications may vary from the OUP India site.

ISBN:

9780198793847

Publication date:

25/04/2019

Hardback

752 pages

246.0x171.0mm

Part of Oxford Handbook

Edited by Célestin Monga and Justin Yifu Lin

Rights:  OUP UK (Indian Territory)

Part of Oxford Handbook

Edited by Célestin Monga and Justin Yifu Lin

Description

The Oxford Handbook of Structural Transformation addresses the economics of structural transformation around the world. It deals with major themes, which include history and context, critical issues and concepts, methodological foundations, main theoretical approaches, policy issues, some illuminating country experiences of structural transformation, and important debates on the respective roles of the market and the state in that process.

The historical record provides a challenge for economists to understand the success of the rising economic powers (some of them initially considered unlikely candidates for prosperity) and the stagnation or decline of others. Five major questions emerge: 

· Why has so much divergence occurred among nations of the world since the Industrial Revolution, and particularly during the 20th century? 
· Why has the pattern changed recently with the emergence of a few developing economies (e.g. the multi-polar world), and can it be sustained? 
· What are the key drivers, strategies, and policies, to foster structural transformation in various different country contexts and in a constantly evolving global economy? 
· How could low- and middle-income countries avoid development traps and learn from past experiences whilst exploiting the new opportunities offered by the Fourth Industrial Revolution? 
· What is the role of various development stakeholders and other important players in facilitating sustained economic convergence among nations? 

This book addresses these questions, bringing the rigor, usefulness, and multi-disciplinary scope of the Oxford Handbook series to a critical topic in economics. The Oxford Handbook of Structural Transformation is an essential reference work and a stimulus to new research and creativity across all branches of the social sciences.

About the Editors

Dr. Célestin Monga is Vice-President, Economic Governance and Knowledge Management at the African Development Bank Group. He also teaches economics at the University of Paris 1 Panthéon-Sorbonne, France, and Peking University, China. He has held various board and senior executive positions in academia, financial services, and international development institutions, serving most recently as Managing Director at the United Nations Industrial Development Organization (UNIDO), and Senior Economic Adviser-Director at the World Bank. Dr. Monga has published extensively on various dimensions of economic and political development. His books have been translated into several languages and are widely used as teaching tools in academic institutions around the world.

Professor Justin Yifu Lin, former Senior Vice-President and Chief Economist of the World Bank, is Dean of the Institute for New Structural Economics and the Institute of South-South Cooperation and Development, and Honorary Dean at the National School of Development, Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.

Contributors:

Laura Alfaro- Harvard Business School, US
Julian M. Alston- University of California-Davis, US
Wan-wen Chu- Academia Sinica and National Taiwan University
Xinshen Diao- IFPRI 
Giovanni Federico- University of Pisa, Italy
Gary Gereffi- Duke University, US
Nobuya Haraguchi- United Nations Industrial Development Organization
Khalid Ikram- Harvard University, US
Sonali Jain-Chandra- International Monetary Fund
Ravi Kanbur- Cornell University, US
Christian Ketels- Harvard Business School, US
Enisse Kharroubi- Bank for International Settlements, Switzerland
Kalpana Kochhar- International Monetary Fund 
Josaphat Kweka- World Bank
Pauline Lectard- University of Montpellier, France
Keun Lee- Seoul National University, South Korea
Kevin Lu- Partners Group
Xubei Luo- World Bank
Cledan Mandri-Perrott- World Bank
Margaret McMillan- Tufts University, US
Roger Myerson- University of Chicago, US
Barry Naughton- University of California San Diego, US
Deepak Nayyar- Jawaharlal Nehru University, India
Monique Newiak- International Monetary Fund
Jose Antonio Ocampo- Columbia University, US
Arkebe Oqubay- Government of Ethopia
Terutomo Ozawa- Colorado State University, US
Phillip Pardey- University of Minnesota, US
Luiz A. Pereira da Silva- Bank for International Settlements, Switzerland
Edmund Phelps- Columbia University, US
Roger Rogerson, Princeton University, US
Samuel Standaert- Ghent University, Belgium
Joseph E. Stiglitz, Columbia University, US
Finn Tarp- United Nations University-WIDER, Finland
Antonio Tena-Junguito- University Carlos III de Madrid, Spain
Dang Thi Thu Hoai- Central Institute for Economic Management
C. Peter Timmer- Harvard University and Center for Global Development, US
Dirk van Seventer- UNU-WIDER, Helsinki, Finland
Yong Wang, Peking University, China
Maggie Xiaoyang Chen- George Washington University, US
Xiaobo Zhang- IFPRI and Peking University, China

Part of Oxford Handbook

Edited by Célestin Monga and Justin Yifu Lin

Table of contents

Introduction: Overcoming the Curse of Destiny, Célestin Monga
Section I: Theories and Frameworks of Structural Change
1: Structural Transformation, Deep Downturns, and Government Policy, Joseph E. Stiglitz
2: Structural Transformation and Growth: Theoretical Considerations,, Roger Rogerson
3: Remodeling Structural Change, Justin Yifu Lin and Yong Wang
4: Structural Transformation and Income Distribution: Kuznets and Beyond, Ravi Kanbur
5: The Flying Geese Theory: A Reassessment, Terutomo Ozawa
6: Changing Income Inequality during Structural Transformation: The Role of Agricultural Prices, C. Peter Timmer
7: Structural Transformation: A Competitiveness-Based View, Christian Ketels
Section II: Drivers, Channels, and Policy Instruments
8: Trade and Structural Change over Two Centuries, Giovanni Federico
9: Financial Reforms, Financial Development and Structural Change, Enisse Kharroubi and Luiz A. Pereira da Silva
10: Location Fundamentals, Agglomeration Economies, and the Geography of Multinational Firms, Laura Alfaro and Maggie Xiaoyang Chen
11: Sustainable Structural Change in the Context of Global Value Chains, Pauline Lectard
12: Participation in Global Value Chains: Challenges and Opportunities, Xubei Luo and Gary Gereffi
13: Building Effective Clusters and Industrial Parks, Xiaobo Zhang
14: Infrastructure Finance: Mobilizing Long-Term Liability Embedded Funds from International Institutional Investors to Emerging Markets, Kevin Lu and Cledan Mandri-Perrott
Section III: Empirics of Structural Change
15: Measuring Structural Change, Célestin Monga and Samuel Standaert
16: Transforming Traditional Agriculture Redux, Phillip Pardey and Julian M. Alston
17: Manufacturing and Employment in Large Countries, Nobuya Haraguchi
18: Global Megatrends and the Macroeconomics of Gender, Kalpana Kochhar, Sonali Jain-Chandra, and Monique Newiak
Section IV: Country and Regional Experiences
19: The Transformation of Latin American Economies, Jose Antonio Ocampo
20: India's Path to Transformation: An Exception to the Rule, Deepak Nayyar
21: Structural Transformation in Egypt, 1965-2015, Khalid Ikram
22: Growth and Structural Transformation in Viet Nam: The Real Story Beneath, Dang Thi Thu Hoai, Finn Tarp, and Dirk van Seventer
23: Economic Reform and Structural Change: The Chinese Experience, Barry Naughton
24: Financing Industrial Development in Korea and Implications for Africa, Keun Lee
25: How Taiwan Managed to Grow: Structural Transformation and Industrial Policy, Wan-wen Chu
26: Ethiopia: Lessons from an Experiment, Arkebe Oqubay
27: Economic Transformation in Africa from the Bottom Up: New Evidence from Tanzania, Xinshen Diao, Josaphat Kweka, and Margaret McMillan
28: Growth and Structural Transformation in the WAEMU Countries, Tchétché Nguessan
Section V: Concluding Thoughts
29: Truth is the Safest Lie: A Reassessment of Development Economics, Célestin Monga
30: American Democracy: Lessons for Global Development, Roger Myerson
31: Desirable Directions of Structural Transformation, Edmund Phelps

Part of Oxford Handbook

Edited by Célestin Monga and Justin Yifu Lin

Part of Oxford Handbook

Edited by Célestin Monga and Justin Yifu Lin

Part of Oxford Handbook

Edited by Célestin Monga and Justin Yifu Lin

Description

The Oxford Handbook of Structural Transformation addresses the economics of structural transformation around the world. It deals with major themes, which include history and context, critical issues and concepts, methodological foundations, main theoretical approaches, policy issues, some illuminating country experiences of structural transformation, and important debates on the respective roles of the market and the state in that process.

The historical record provides a challenge for economists to understand the success of the rising economic powers (some of them initially considered unlikely candidates for prosperity) and the stagnation or decline of others. Five major questions emerge: 

· Why has so much divergence occurred among nations of the world since the Industrial Revolution, and particularly during the 20th century? 
· Why has the pattern changed recently with the emergence of a few developing economies (e.g. the multi-polar world), and can it be sustained? 
· What are the key drivers, strategies, and policies, to foster structural transformation in various different country contexts and in a constantly evolving global economy? 
· How could low- and middle-income countries avoid development traps and learn from past experiences whilst exploiting the new opportunities offered by the Fourth Industrial Revolution? 
· What is the role of various development stakeholders and other important players in facilitating sustained economic convergence among nations? 

This book addresses these questions, bringing the rigor, usefulness, and multi-disciplinary scope of the Oxford Handbook series to a critical topic in economics. The Oxford Handbook of Structural Transformation is an essential reference work and a stimulus to new research and creativity across all branches of the social sciences.

About the Editors

Dr. Célestin Monga is Vice-President, Economic Governance and Knowledge Management at the African Development Bank Group. He also teaches economics at the University of Paris 1 Panthéon-Sorbonne, France, and Peking University, China. He has held various board and senior executive positions in academia, financial services, and international development institutions, serving most recently as Managing Director at the United Nations Industrial Development Organization (UNIDO), and Senior Economic Adviser-Director at the World Bank. Dr. Monga has published extensively on various dimensions of economic and political development. His books have been translated into several languages and are widely used as teaching tools in academic institutions around the world.

Professor Justin Yifu Lin, former Senior Vice-President and Chief Economist of the World Bank, is Dean of the Institute for New Structural Economics and the Institute of South-South Cooperation and Development, and Honorary Dean at the National School of Development, Peking University. He is a member of the Standing Committee, Chinese People's Political Consultation Conference, and Vice Chairman of the All-China Federation of Industry and Commerce. He is a Corresponding Fellow of the British Academy and a Fellow of the Academy of Sciences for Developing World.

Contributors:

Laura Alfaro- Harvard Business School, US
Julian M. Alston- University of California-Davis, US
Wan-wen Chu- Academia Sinica and National Taiwan University
Xinshen Diao- IFPRI 
Giovanni Federico- University of Pisa, Italy
Gary Gereffi- Duke University, US
Nobuya Haraguchi- United Nations Industrial Development Organization
Khalid Ikram- Harvard University, US
Sonali Jain-Chandra- International Monetary Fund
Ravi Kanbur- Cornell University, US
Christian Ketels- Harvard Business School, US
Enisse Kharroubi- Bank for International Settlements, Switzerland
Kalpana Kochhar- International Monetary Fund 
Josaphat Kweka- World Bank
Pauline Lectard- University of Montpellier, France
Keun Lee- Seoul National University, South Korea
Kevin Lu- Partners Group
Xubei Luo- World Bank
Cledan Mandri-Perrott- World Bank
Margaret McMillan- Tufts University, US
Roger Myerson- University of Chicago, US
Barry Naughton- University of California San Diego, US
Deepak Nayyar- Jawaharlal Nehru University, India
Monique Newiak- International Monetary Fund
Jose Antonio Ocampo- Columbia University, US
Arkebe Oqubay- Government of Ethopia
Terutomo Ozawa- Colorado State University, US
Phillip Pardey- University of Minnesota, US
Luiz A. Pereira da Silva- Bank for International Settlements, Switzerland
Edmund Phelps- Columbia University, US
Roger Rogerson, Princeton University, US
Samuel Standaert- Ghent University, Belgium
Joseph E. Stiglitz, Columbia University, US
Finn Tarp- United Nations University-WIDER, Finland
Antonio Tena-Junguito- University Carlos III de Madrid, Spain
Dang Thi Thu Hoai- Central Institute for Economic Management
C. Peter Timmer- Harvard University and Center for Global Development, US
Dirk van Seventer- UNU-WIDER, Helsinki, Finland
Yong Wang, Peking University, China
Maggie Xiaoyang Chen- George Washington University, US
Xiaobo Zhang- IFPRI and Peking University, China

Read More

Table of contents

Introduction: Overcoming the Curse of Destiny, Célestin Monga
Section I: Theories and Frameworks of Structural Change
1: Structural Transformation, Deep Downturns, and Government Policy, Joseph E. Stiglitz
2: Structural Transformation and Growth: Theoretical Considerations,, Roger Rogerson
3: Remodeling Structural Change, Justin Yifu Lin and Yong Wang
4: Structural Transformation and Income Distribution: Kuznets and Beyond, Ravi Kanbur
5: The Flying Geese Theory: A Reassessment, Terutomo Ozawa
6: Changing Income Inequality during Structural Transformation: The Role of Agricultural Prices, C. Peter Timmer
7: Structural Transformation: A Competitiveness-Based View, Christian Ketels
Section II: Drivers, Channels, and Policy Instruments
8: Trade and Structural Change over Two Centuries, Giovanni Federico
9: Financial Reforms, Financial Development and Structural Change, Enisse Kharroubi and Luiz A. Pereira da Silva
10: Location Fundamentals, Agglomeration Economies, and the Geography of Multinational Firms, Laura Alfaro and Maggie Xiaoyang Chen
11: Sustainable Structural Change in the Context of Global Value Chains, Pauline Lectard
12: Participation in Global Value Chains: Challenges and Opportunities, Xubei Luo and Gary Gereffi
13: Building Effective Clusters and Industrial Parks, Xiaobo Zhang
14: Infrastructure Finance: Mobilizing Long-Term Liability Embedded Funds from International Institutional Investors to Emerging Markets, Kevin Lu and Cledan Mandri-Perrott
Section III: Empirics of Structural Change
15: Measuring Structural Change, Célestin Monga and Samuel Standaert
16: Transforming Traditional Agriculture Redux, Phillip Pardey and Julian M. Alston
17: Manufacturing and Employment in Large Countries, Nobuya Haraguchi
18: Global Megatrends and the Macroeconomics of Gender, Kalpana Kochhar, Sonali Jain-Chandra, and Monique Newiak
Section IV: Country and Regional Experiences
19: The Transformation of Latin American Economies, Jose Antonio Ocampo
20: India's Path to Transformation: An Exception to the Rule, Deepak Nayyar
21: Structural Transformation in Egypt, 1965-2015, Khalid Ikram
22: Growth and Structural Transformation in Viet Nam: The Real Story Beneath, Dang Thi Thu Hoai, Finn Tarp, and Dirk van Seventer
23: Economic Reform and Structural Change: The Chinese Experience, Barry Naughton
24: Financing Industrial Development in Korea and Implications for Africa, Keun Lee
25: How Taiwan Managed to Grow: Structural Transformation and Industrial Policy, Wan-wen Chu
26: Ethiopia: Lessons from an Experiment, Arkebe Oqubay
27: Economic Transformation in Africa from the Bottom Up: New Evidence from Tanzania, Xinshen Diao, Josaphat Kweka, and Margaret McMillan
28: Growth and Structural Transformation in the WAEMU Countries, Tchétché Nguessan
Section V: Concluding Thoughts
29: Truth is the Safest Lie: A Reassessment of Development Economics, Célestin Monga
30: American Democracy: Lessons for Global Development, Roger Myerson
31: Desirable Directions of Structural Transformation, Edmund Phelps

Read More