Search Economics Publications
The Role of Total Factor Productivity Growth in Middle Income Countries
A study based on cross-country panel data shows that total factor productivity growth is the main factor explaining the income group transition of countries, especially for middle-income countries.
Lao PDR: Accelerating Structural Transformation for Inclusive Growth - Country Diagnostic Study
This country diagnostic study provides comprehensive analysis and identifies promising new drivers of growth which the Lao PDR can develop to diversify its production.
Structural Reform and Productivity Growth in Emerging Europe and Central Asia
This paper revisits the experience with economic growth, income convergence, and structural reforms in emerging Europe and Central Asia.
The Middle-Income Trap from a Schumpeterian Perspective
This paper provides an outline for viewing the middle-income trap through the lens of the Schumpeterian growth paradigm, which places the notion of creative destruction at the center of economic growth.
Using Input–Output Analysis Framework to Explain Economic Diversification and Structural Transformation in Bangladesh
Understanding the interlinkages of firms and sectors in the production process and how that leads to higher value added and trade growth has attracted increasing interest.
Bangladesh: Looking Beyond Garments - Employment Diagnostic Study
This study highlights the role played by growing female workforce in the positive economic turnaround in Bangladesh. It is now essential to shift workers to more highly productive sectors through structural transformations.
Skills and Activity Upgrading in Global Value Chains: Trends and Drivers for Asia
Findings suggest that technological change in global value chains that is biased toward skilled activities is important in accounting for the trends observed.
Effects of the People’s Republic of China’s Structural Change on the Exports of East and Southeast Asian Economies
The People’s Republic of China’s structural transformation from an export- and investment-led economy to a domestic demand- and consumption-led economy is likely to have a significant impact on its import structure.
Deflation in Asia: Should the Dangers Be Dismissed?
The traditional view is that deflation can lead to a vicious cycle of falling demand and prices. However, another school of thought emphasizes the role of positive supply shocks and takes a more benign view.
Catching Up, Structural Transformation, and Inequality: Lessons from Asia
While structural change is vital for Asia’s economic dynamism and growth, it may exacerbate inequality in the region.