2.1a What are the feasible pathways for structural economic transformation for LMICs, to drive productivity growth, job-creation and increased incomes, and to reduce poverty? And how does this differ in higher income countries?
Background
Research supports policy makers to adjust to the changing global economic environment, to deliver sustainable, inclusive growth that is resilient to a variety of shocks. Global changes in technology, trade and climate are re-shaping the pathways open to countries of all income levels to drive structural transformation and employment-rich growth, while increased debt levels are reducing policymakers’ room to manoeuvre.
Research and evidence are also needed to bring a suite of broader economic tools to spur the private sector and increase productivity through increased investment, trade, technological upgrading and improved human capital and infrastructure.
Next steps
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Related UKRI funded projects
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CENTRE FOR ECONOMIC PERFORMANCE 2015-2020
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