chapter  9
41 Pages

The Initial Structural Transformation: Initiating the Industrialization Process

Achieving a higher level of development appears to be inextricably intertwined with the industrialization of an economy. One chronicler of the nature of structural change in the development process has written that the issue is not whether industrialization is necessary for development but only “when and in what manner it will take place” (Syrquin 1988: 218).