Extraordinarily high growth rates are almost always the result of rapid structural transformation, industrialization in particular "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 "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 "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 "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 "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 "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 "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 "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 "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