Transforming Economic Structures in Africa – An Interview with Margaret McMillan
In this interview Dr Margaret McMillan outlined the theory of structural transformation, which analyzes the underlying structure of the economy by employment shares in agriculture, manufacturing and the service sector. The aspiration in development is to move workers out of low productivity activities, largely in the agriculture sector, into higher productivity activities, preferably manufacturing.
Dr McMillan is Senior Researcher, International Food Policy Research Institute (IFPRI) and Associate Professor of Economics, Tufts University.
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