New Perspectives on Structural Change: Causes and Consequences of Structural Change in the Global Economy

ISBN : 9780198850113

Ludovico Alcorta; Neil Foster-McGregor; Bart Verspagen; Adam Szirmai
752 Pages
171 x 246 mm
Pub date
Mar 2021
Send mail

New Perspectives on Structural Change is a comprehensive edited volume that outlines both the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field. The volume consists of four main sections. The first section covers the theoretical foundations of the structural change literature. The second section presents an empirical overview of the major trends of structural change, using up-to-date data sources and methods. The third section presents a broad ranging empirical analysis of the drivers of structural change. The fourth section examines how processes such as inclusive growth, poverty reduction, productive employment, the global income distribution, and environmental sustainability are affected by structural change, and how they can be influenced by policy.


1 Adam Szirmai and Neil Foster-McGregor: An Introduction to New Perspectives on Structural Change
Part 1: Theoretical Contributions
2 Nicola Cantore and Ludovico Alcorta: Structuralists' Contribution to Development Thinking: Old, New, and Unresolved Issues
3 Gabriel Porcile: Latin-American Structuralism and Neo-Structuralism
4 Codrina Rada: Structure and Structural Change in Macroeconomic Theory
5 Ricardo Araujo and Joanilio Teixeira: Structural Change and the Role of Demand
6 John Weiss and Hossein Jalilian: Investment, Profitability, and Structural Change
7 Jan Fagerberg and Bart Verspagen: Technological Revolutions, Structural Change, and Catching Up
8 Alessio Moro and Carlo Valdes: Structural Change in General Equilibrium Thinking
9 Ron Boschma: The Geographical Dimension of Structural Change
10 Clovis Freire: Economic Complexity Perspectives on Structural Change
Part 2: Empirical Trends
11 Alejandro Lavopa and Adam Szirmai: Structural Change as a Modernization Process
12 Nobuya Haraguchi and Jurgen Amann: Sectoral Dynamics
13 Solomon Owusu, Adam Szirmai, and Neil Foster-McGregor: The Rise of the Service Sector in the Global Economy
14 Onder Nomaler and Bart Verspagen: Patterns of Diversification and Specialization in International Trade
15 Marcel Timmer and Stefan Pahl: Structural Change in Exports
Part 3: Drivers of Structural Change
16 Alessandro Nuvolari and Emanuele Russo: Technical Progress and Structural Change
17 Fiona Tregenna, Kevin Nell, and Chris Callaghan: Determinants of Industrial Development
18 Michael Landesmann and Neil Foster-McGregor: Trade Liberalization, Structural Change, and Economic Growth
19 Giovanni Dosi and Matteo Tranchero: The Role of Comparative Advantage, Endowments, and Technology in Structural Transformation
20 Stephany Griffith-Jones and Jose Antonio Ocampo: Finance and Structural Change
21 Andre Pineli, Rajneesh Narula, and Rene Belderbos: FDI, Multinationals and Structural Change in Developing Countries
22 Keun Lee, Shanika Ramanayake, and Wonkyu Shin: Three Barriers to Structural Changes and Catch-Up by the Latecomers
Part 4: Socio-Economic Impacts of Structural Change and Policy Perspectives
23 Aradhna Aggarwal: How Has Globalisation Affected the Economic Growth, Structural Change and Poverty Reduction Linkages?
24 Onder Nomaler, Bart Verspagen, and Adriaan van Zon: Structural Change, Economic Development and the Labour Market
25 Marco Vivarelli: Globalisation, Structural Change and Technological Progress In Emerging Economies
26 Giovanni Marin and Massimilanio Mazzanti: Structural Change and the Environment
27 Jesus Felipe: Structural Transformation, Old and New Industrial Policies, and Implications for Development
28 Ha-Joon Chang and Christopher Hope: The Political Economy of Structural Change

About the author: 

Ludovico Alcorta is Professorial Fellow on Technology, Innovation and Sustainable Development at UNU-MERIT, School of Business and Economics, University of Maastricht. He has been Director of Industrial Policy, Statistics and Strategic Research at the United Nations Industrial Development Organization (UNIDO) and is Chief Technical Advisor on Industrial Strategy to the Government of Oman. While at UNIDO he contributed to the preparation of SDGs 8 and 9. Ludovico's research and publications are in the areas of new technologies, innovation, industrialization and development, including in journals such as World Development, European Journal of Development Research, Research Policy, Oxford Development Papers, Development, Industry and Innovation, Energy Efficiency, Structural Change and Economic Dynamics as well as in China's Economic Research Journal. ; Neil Foster-McGregor is a Professor of Globalisation and Innovation at UNU-MERIT in the Netherlands. Prior to this he was Assistant Professor at the University of Vienna (2000-2008) and a Senior Research Economist at the Vienna Institute for International Economic Studies (wiiw). Neil obtained his PhD in Economics from the University of Nottingham in 2001. Neil's research interests include issues of economic growth and development, international trade and globalisation, and innovation and technology transfer. ; Bart Verspagen is an economist specialised in the economics of technological change. He did his undergraduate studies at the University of Limburg (now called Maastricht University) in Maastricht, the Netherlands, from 1984-1988. After that, he obtained a PhD degree from the same university in 1992. During the five years after that, he held a scholarship from the Royal Netherlands Academy of Arts and Sciences (KNAW). He was professor of Economics of Innovation at Eindhoven University of technology. His current workplace is the research institute UNU-MERIT in Maastricht. ; Adam Szirmai (UNU-MERIT) was Professorial Fellow at UNU-MERIT and Professor of Development Economics at the Maastricht Graduate School of Governance of Maastricht University. His research focused on technological change, productivity, growth in developing countries.

The price listed on this page is the recommended retail price for Japan. When a discount is applied, the discounted price is indicated as “Discount price”. Prices are subject to change without notice.