Structural Change Rediscovered: The Role of Human and Physical Capital

4 Pages Posted: 28 Apr 2020

Date Written: July 1, 2019

Abstract

Changes in economic structures are an essential feature of development. But how are these brought about? A growing body of evidence underscores the transformative role that human and physical capital can have in enhancing and sustaining economic growth. Investments in education, health, and economic infrastructure need to be at the core of national policy agendas.

Keywords: Food Security, Economic Theory & Research, Economic Growth, Industrial Economics, Labor Markets, Textiles, Apparel & Leather Industry, Pulp & Paper Industry, General Manufacturing, Food & Beverage Industry, Common Carriers Industry, Construction Industry, Business Cycles and Stabilization Policies, Plastics & Rubber Industry, Transport Services

Suggested Citation

Martins, Pedro Miguel Gaspar, Structural Change Rediscovered: The Role of Human and Physical Capital (July 1, 2019). World Bank Research and Policy Briefs No. 139479, Available at SSRN: https://ssrn.com/abstract=3586632

Pedro Miguel Gaspar Martins (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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