Structural Change: Paving the Way for Development?
Steel mill in Beijing, China. The country’s rapid industrialization was an essential part of its successful development (Photo: Corbis/Liu)
In This Episode
When a country shifts from being largely based on agrarian economy to being based on services, or industry, it is said to have undergone structural change. Harvard’s Dani Rodrik explains why structural change is so critical to development.
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BEHIND THE MIC
Bruce Edwards
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
Rhoda Metcalfe
RHODA METCALFE is an independent journalist and audio producer.