How economic transformation happens at the sector level: evidence from Africa and Asia
About the Paper
This research paper, published by the Overseas Development Institute and Gatsby Africa, explores the factors that shape the prospects of success in economic transformation at the sector level. It applies an analytical framework to six experiences of successful sector transformation and five cases where sectors did not transform to produce evidence on the factors that drive or hold back economic transformation. The evidence shows that interventions at sector level, coordinated around a targeted set of activities, in a politically smart way, and set in a competitive framework, can be an important driver of economic transformation. This, in turn, is crucial for sustained job creation, inclusion and a diversified, resilient economy.