[GangMoon Sung’s economic magnification] ‘Best student’ why ‘diagnosis of growth’ is needed in Korea (Korean Economic Magazine)

Korean Economic Magazine published an article on structural change and economic growth. The article references the findings in the book Structural Change, Fundamentals and Growth coedited by IFPRI Research Fellow Margaret McMillan, Dani Rodrik, and Claudia Sepulveda. According to the book, investment in the basic conditions highlighted by the endogenous growth theory of macroeconomics and the structural changes that are important to development economics is key to achieving sustainable economic growth.