"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" -
SET supports economic transformation in developing countries through research and policy advice for donors, governments and the private sector.
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In-country and thematic work on supporting economic transformation