Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/45111 
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dc.contributor.authorSheehan, Peteren
dc.date.accessioned2010-02-16-
dc.date.accessioned2011-04-26T07:41:03Z-
dc.date.available2011-04-26T07:41:03Z-
dc.date.issued2008-
dc.identifier.isbn978-92-9230-108-8en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2008/60en
dc.subject.jelO11en
dc.subject.jelO14en
dc.subject.ddc330en
dc.subject.keywordindustrializationen
dc.subject.keywordservicesen
dc.subject.keyworddevelopment strategyen
dc.subject.keywordrapid growthen
dc.subject.stwIndustrialisierungen
dc.subject.stwEntwicklungstheorieen
dc.subject.stwEntwicklungsstrategieen
dc.subject.stwDienstleistungssektoren
dc.subject.stwWirtschaftswachstumen
dc.subject.stwEntwicklungsländeren
dc.titleBeyond industrialization: New approaches to development strategy based on the service sector-
dc.typeWorking Paperen
dc.identifier.ppn571440282en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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