The Developer's Dilemma: Structural Transformation, Inequality Dynamics, and Inclusive Growth
Edited by Armida Salsiah Alisjahbana, Kunal Sen, Andy Sumner, Arief Yusuf; Oxford University Press, 2022, ISBN: 9780192855299.
About the Book: This book explores this developer's dilemma or 'Kuznetsian tension' between structural transformation and income inequality. Developing countries are seeking economic development—that is, structural transformation—which is inclusive in the sense that it is broad-based and raises the income of all, especially the poor. Thus, inclusive economic growth requires steady, or even falling, income inequality if it is to maximize the growth of incomes at the lower end of the distribution. Yet, this is at odds with Simon Kuznets hypothesis that economic development tends to put upward pressure on income inequality, at least initially and in the absence of countervailing policies. The book asks: what are the types or 'varieties' of structural transformation that have been experienced in developing countries? What inequality dynamics are associated with each variety of structural transformation? And what policies have been utilized to manage trade-offs between structural transformation, income inequality, and inclusive growth? The book answers these questions using a comparative case study approach, contrasting nine developing countries while employing a common analytical framework and a set of common datasets across the case studies. The intended intellectual contribution of the book is to provide a comparative analysis of the relationship between structural transformation, income inequality, and inclusive growth; to do so empirically at a regional and national level; and to draw conclusions from the cases on the varieties of structural transformation, their inequality dynamics, and the policies that have been employed to mediate the developer's dilemma.
Edited by Armida Salsiah Alisjahbana, Kunal Sen, Andy Sumner, Arief Yusuf; Oxford University Press, 2022, ISBN: 9780192855299.
A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER).
About the Book: This book explores this developer's dilemma or 'Kuznetsian tension' between structural transformation and income inequality. Developing countries are seeking economic development—that is, structural transformation—which is inclusive in the sense that it is broad-based and raises the income of all, especially the poor. Thus, inclusive economic growth requires steady, or even falling, income inequality if it is to maximize the growth of incomes at the lower end of the distribution. Yet, this is at odds with Simon Kuznets hypothesis that economic development tends to put upward pressure on income inequality, at least initially and in the absence of countervailing policies. The book asks: what are the types or 'varieties' of structural transformation that have been experienced in developing countries? What inequality dynamics are associated with each variety of structural transformation? And what policies have been utilized to manage trade-offs between structural transformation, income inequality, and inclusive growth? The book answers these questions using a comparative case study approach, contrasting nine developing countries while employing a common analytical framework and a set of common datasets across the case studies. The intended intellectual contribution of the book is to provide a comparative analysis of the relationship between structural transformation, income inequality, and inclusive growth; to do so empirically at a regional and national level; and to draw conclusions from the cases on the varieties of structural transformation, their inequality dynamics, and the policies that have been employed to mediate the developer's dilemma.
Table of Contents
- The Developer's Dilemma | Armida Salsiah Alisjahbana et al.
- The Developer's Dilemma: A Survey of Structural Transformation and Inequality Dynamics | Armida Salsiah Alisjahbana et al.
- PART I EAST ASIA
- Structural Transformation and Inclusive Growth: Kuznets 'Developer's Dilemma' in Indonesia | Kyunghoon Kim et al.
- Getting Rich and Unequal? Structural Transformation, Inequality, and Inclusive Growth in China | Yanan Li and Chunbing Xing
- Benign Growth: Structural Transformation and Inclusive Growth in Thailand | Peter Warr and Waleerat Suphannachart
- PART II SOUTH ASIA
- Inclusive Structural Transformation in India: Past Episodes and Future Trajectories | Saon Ray and Sabyasachi Kar
- The Challenges of Structural Transformation, Inequality Dynamics, and Inclusive Growth in Bangladesh | Selim Raihan and Sunera Saba Khan
- PART III SUB-SAHARAN AFRICA
- Adverse Political Settlements: An Impediment to Structural Transformation and Inclusive Growth in Ghana | Robert Darko Osei et al.
- Economic Growth, Rising Inequality, and Deindustrialization: South Africa's Kuznetsian Tension | Haroon Bhorat et al.
- PART IV LATIN AMERICA
- Inclusive Growth without Structural Transformation? The Case of Brazil | Sergio Firpo et al.
- Structural Transformations and the Lack of Inclusive Growth: The Case of Chile | Andrés Solimano and Gabriela Zapata-Román
- PART V LOOKING AHEAD
- Leapfrogging into the Unknown: The Future of Structural Change in the Developing World | Lukas Schlogl
- The Developer's Dilemma: Conclusions | Armida Salsiah Alisjahbana et al.
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