1945

Structural transformation, labour productivity and development policies in selected non-LDC developing countries

To inform development policymaking in the least developed countries (LDCs) during the period covered by the planned Sustainable Development Goals (SDGs) (i.e. 2015–2030), it is useful to look beyond the LDCs themselves to some other economies that have undergone successful economic transformation in recent decades. Their transformation enabled those countries not only to perform well against the Millennium Development Goals (MDGs), but also to set in motion a lasting development process. This chapter considers what lessons may be drawn for LDCs from domestic policies adopted by four such countries: Chile, China, Mauritius and Viet Nam.

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