Structural Transformation: Understanding the New Drivers of Investment, Innovation and Institutions [Hardcover]

The book presents a comprehensive and incisive analysis of Structural transformation which is among the most relevant and crucial themes of contemporary economics. Structural transformation is the edifice that is the basis of the next phase of economic transformation. The book demonstrates that structural transformation cannot be shoe horned into a single point formula, it is not merely about achieving a double-digit growth rate, nor it is achieved by an overarching emphasis on rapid technological advancement. 

Based on empirical evidence pertinent to developed and developing nations and present imperatives the book provides a comprehensive elucidation that structural transformation will be profoundly determined by the empirics of investment, Innovation and Institutions.
Chapter 1: Introduction.- Section 1: Investment.- Chapter 2: Understanding the Productivity Slowdown and its Practical Implications.- Chapter 3: Premature Deindustrialization, Economic Dualism and the Changing Dynamics of Growth.- Chapter 4: Revisiting the lessons and insights from East Asias Remarkable Narrative of Structural Transformation.- Chapter 5: Changing Drivers of Globalization and the Next Phase of Economic Integration.- Chapter 6: Financial Reform: A Crucial Imperative, Issues and Challenges.- Section 2: Innovation.- Chapter 7: Forging a Closer Link between the Technological and Non Technological Dimensions of Innovation.- Chapter 8: Revisiting the Present Relevance of Some Widely Acknowledged Theories of Innovation.- Section 3: Institutions.- Chapter 9: Understanding the Criticality of Institutional Change in Determining Economic Outcomes.- Chapter 10: Institutional Reform, Equity and Liberalism: Drivers and Deterrents.- Conclusion.

Piya Mahtaney is a  visiting lecturer with St Xaviers Institute of Communications, Mumbai, India. She is also council member lƒ2