#11 Youthful Countries Face Steeper Challenges Creating Better Jobs With Structural Change

Authors: Dino Merotto, Jörg Langbein, & Michael Weber In this blog, we explore how the challenges of delivering better jobs through structural change differ depending on where a country is in its demographic transition. We draw implications for jobs strategies in youthful countries. When developing countries enter the demographic transition the share of youth in…

#10 In Low Income Countries It Is Factor Accumulation That Drives Transformative Growth

Author: Dino Merotto Jobs Group, World Bank If you haven’t read Easterly and Levine’s “It’s Not Factor Accumulation” you should. But you should also read Klenow and Rodriguez-Clare’s “The Neoclassical Revival in Growth Economics: Has It Gone Too Far?”. Since it was published in 2001, Easterly and Levine’s ideas have shaped much of World Bank…

#9 Jobs and Structural Change: What’s different about resource-rich countries?

Authors: Andreas Eberhard-Ruiz and Kevwe Pela, Jobs Group, World Bank. In this blog, we explore whether the process of structural change differs between resource-rich and resource-poor economies, and discuss the implications of our findings for jobs strategies in resource-rich countries. The ‘Great Convergence’ of global incomes seen over the last 30 years, was triggered by…

#8 Which Comes First – the Chicken, the Egg, or the Demand for Poultry Products? Engels Law and the Design of Jobs Strategies in Low-Income Countries (LICs)

Authors: Dino Merotto and Elena Casanovas, Jobs Group, World Bank. In in blog #2 and blog #3 in this series we focused on the evolution of the sectoral pattern of production and jobs as countries develop. But new research suggests that changing patterns of consumption and net trade should also be taken into account when…

#4 Labor Productivity Grows Faster in Developing Countries When Labor Moves from Agriculture into Waged Jobs

Author: Dino Merotto, Jobs Group, World Bank. Blog #1 in our series showed that growth in labor productivity explains the differences in per capita income growth across countries. When we break down labor productivity growth into within and between sector components, we see that the reallocation of labor from lower productivity agriculture to higher productivity…

#3 What are the Patterns of Structural Change Across Income Levels? And What Growth Processes Generate Them?

Author: Dino Merotto, Jobs Group, World Bank. Blog #2 in our series showed how the share of employment in services rises as countries get richer, and the share in agriculture falls. In this blog, we combine the pattern of GDP with that of employment. Three simple charts show vividly how both the structure of GDP…