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dc.contributor.authorSheehan, Peteren_US
dc.date.accessioned2010-02-16en_US
dc.date.accessioned2011-04-26T07:41:03Z-
dc.date.available2011-04-26T07:41:03Z-
dc.date.issued2008en_US
dc.identifier.isbn978-92-9230-108-8en_US
dc.identifier.urihttp://hdl.handle.net/10419/45111-
dc.description.abstractIndustrialization occupies a central place in the rich tapestry of development theory and practice. Although that place has varied over time, many have agreed with Nicholas Kaldor that the kind of economic growth that leads to high real income per capita can only occur through industrialization. This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities. But the key mechanisms seen as driving the industrial take-off in much of the literature (internal increasing returns, transfer of labour into higher value activities and pecuniary externalities) are alive and well, and are evident in services as well as in industry. Furthermore, China is actively trying to move from a strategy based on industrialization to one based much more on agriculture and services, as the costs of the current pattern of industrialization become prohibitive, and India has demonstrated that rapid growth based primarily on the services sector is possible. Thus more attention needs to be given to strategies based on the expansion of the agricultural and services sectors, and to the ways in which better services in rural areas and higher rural output can combine to achieve rapid growth and improved human welfare in poor countries.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch paper / UNU-WIDER 2008.60en_US
dc.subject.jelO11en_US
dc.subject.jelO14en_US
dc.subject.ddc330en_US
dc.subject.keywordindustrializationen_US
dc.subject.keywordservicesen_US
dc.subject.keyworddevelopment strategyen_US
dc.subject.keywordrapid growthen_US
dc.subject.stwIndustrialisierungen_US
dc.subject.stwEntwicklungstheorieen_US
dc.subject.stwEntwicklungsstrategieen_US
dc.subject.stwDienstleistungssektoren_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwEntwicklungsländeren_US
dc.titleBeyond industrialization: New approaches to development strategy based on the service sectoren_US
dc.typeWorking Paperen_US
dc.identifier.ppn571440282en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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