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book chapter

Structural change and the possibilities for future growth in Nigeria

Since the turn of the century, overall economic growth in Nigeria has been consistently strong—averaging around 5.4 percent per year, up substantially from about 2.0 percent during 1990–2000. Moreover, overall GDP growth in the past decade is even…

book chapter

Overview: Structural change, fundamentals, and growth

The first decade of the 21st century was extraordinarily good for developing countries and their mostly poor citizens. Their economies expanded at unprecedented rates, resulting in both a large reduction in extreme poverty and a significant expansion…

book chapter

Structural change, productivity growth, and trade policy in Brazil

Throughout the course of only a few decades in the postwar period, the Brazilian economy experienced an intense and fast process of industrialization, which went hand in hand with a major increase in labor productivity and periods of annual growth…