"Extraordinarily high growth rates are almost always the result of rapid structural transformation, industrialization in particular"
- Rodrik, 2014
"Structural transformation-the birth and expansion of new (higher-productivity) industries and the transfer of labor from traditional or lower-productivity activities to modern ones"
- Rodrik, 2014
"Transformation is where 'labor and other resources move from agriculture into modern economic activities, overall productivity rises and incomes expand"
- McMillan, 2014
"A process moving labour and other resources from lower to higher productive activities"
- SET, 2015
"Economic transformation involves moving labour from low to higher productive activities"
- Dirk Willem te Velde, 2013
"Economic Transformation is the continued dynamic reallocation of resources from less productive to more productive sectors and activities"
- EPS PEAKS, 2013
"Transformation doesn't happen overnight but is a long-term process. It requires constructive relationships between the state and the private sector"
- ACET, 2014
"If 'jobs' are increasingly a key developing-country policy objective, 'economic transformation' is increasingly seen as the means of achieving this"
- - ECDPM and ODI, 2015
"Transformation will come through diversifying African economies, boosting their international competitiveness"
-

ACET, 2014

SET supports economic transformation in developing countries through research and policy advice for donors, governments and the private sector.

Latest from SET

ANALYSIS

In-country and thematic work on supporting economic transformation

DATA AND STATISTICS

Economic structures, trade, firm- and household-level data to analyse economic transformation

EVENTS

Stakeholder workshops and public meetings