Structural transformation is the process of transition of an economy from low productivity and labour-intensive activities or sectors into higher productivity and capital or skill intensive activities or sectors. Literature has shown productivity in the modern sectors, typically manufacturing and services, to be the driving force for transformation with productivity differences often associated with the movement of labour from low productivity to high productivity sectors. Economic literature has shown structural transformation to be source of higher productivity growth and rising per capita incomes. It is also a medium for increased economic diversification and resilience to poverty, vulnerability, and shocks.
We cordially invite interested researchers and institutions to collaborate in the evolving design and implementation of this five year research programme. READ ON…
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