SET is supporting economic transformation in developing countries through analysis, policy advice and convening stakeholders.
SET is a DFID funded programme which aims to provide practical policy support to country governments and their partners, including donors and the private sector.
SET’s three core areas of work:
- Country analysis – analytical support for developing countries and their partners to identify politically feasible pathways for economic transformation
- Sectoral and thematic work – understanding themes, including trade or gender, and different sectors, such as manufacturing and services, important for economic transformation
- Data portal – bringing together data relevant for the analysis of economic transformation
How do we define economic transformation?
SET broadly defines economic transformation as a process moving labour and other resources from lower to higher productive activities. This includes moving between sectors towards higher value activities (such as from agriculture to manufacturing) and within sectors (such as from subsistence farming to high-value crops), and usually involves diversification and increased value addition in export activities.