Structural transformation and poverty reduction in Asia’s Landlocked Developing Countries
- Author: United Nations Economic and Social Commission for Asia and the Pacific
- Main Title: Asia's Landlocked Developing Countries , pp 3-22
- Publication Date: June 2021
- DOI: https://doi.org/10.18356/9789210046503c006
- Language: English
The term “structural transformation” refers to a change in the long-term composition and distribution of economic activities. More specifically, it is a process of reallocating factors of production, both capital and labour, from one economic activity to another. While structural transformation can technically involve shifts from high to low value-added economic activities, it typically brings about positive outcomes and can be defined effectively as a process of shifting from low to high value-added economic activities (ESCAP, 2015; UNCTAD, 2016).
© 2019 United Nations
ISBN (PDF):
9789210046503
Book DOI:
https://doi.org/10.18356/9789210046503
Sustainable Development Goals:
-
From This Site
/content/books/9789210046503c006dcterms_title,dcterms_subject,pub_keyword-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution105
/content/books/9789210046503c006
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5