The objective of the course is to explain the mechanism of structural transformation, and provide students with theoretical and empirical instruments to analyze the patterns of structural transformation and country approaches toward industrial policy. It will teach participants how to:
- Explain the patterns of structural transformation, using the main indicators of structural transformation and the different empirical methods proposed in the literature;
- Analyze the relationship between structural transformation and socio-economic development;
- Analyze country experiences with industrial policy, and propose policy recommendations which take into account the economic structures, as well as the obstacles to industrialization and effective industrial policy implementation.