New Structural Economics: A Framework for Rethinking Development and Policy

摘要: The new structural economics argues that the best way to upgrade a country's endowment structure is develop its industries at any specific time according comparative advantages determined by given time. economy will be most competitive, economic surplus largest, and capital accumulation upgrading of factor fastest possible. 'New Structural Economics' presented in this book an attempt set out third wave development thinking. Taking into account lessons learned from growth successes failures last decades, it advances neoclassical approach study determinants dynamics structure. It postulates endogenous sustained driven changes endowments continuous technological innovation. paper also discusses binding constraints each these industries' value chains as well mechanisms through which governance-related issues implementation industrial policy could addressed.