ABSTRACT

The new structuralist economics attaches importance to the poverty-alleviationled growth strategies. They accredit growth processes that enhance productive activities, productive employment, improved earnings and so on, as sustainable drivers of long-term development and poverty alleviation. Structural transformation is said to contribute to poverty alleviation when the changing sectoral distribution of GDP towards high-productivity sectors correspond to proportionate change in distribution pattern of the labour force. Implying that altering production structure from low to high productivity, while countenancing labour movement to high-productivity sector, may increase labour remuneration; hence improving standards of living and reducing poverty levels.