Rodrik, 2014
Category: Quote Slider
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