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Perspectives on Global Development 2014
Boosting Productivity to Meet the Middle-Income Challenge
OECD Publishing , Publication date:  02 Jul 2014
Pages: 288 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264210615 , OECD Code: 412014041E1
Price:   €52 | $73 | £47 | ¥6700 | MXN940
Availability: Available
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Other languages:  French (Forthcoming)
Other Versions:  Print - Paperback

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Imprint:  OECD Development Centre Frequency: Annual   Tables: 31  Charts: 120 


Developing economies continue to grow faster than more advanced countries. Non-OECD countries’ share in world GDP surpassed that of OECD countries in 2010. Since its first edition in 2010, the annual Perspectives on Global Development has investigated the trends in “shifting wealth”, the increasing economic weight of developing countries in the world economy. “Shifting wealth” has received a boost through the rise of China, which has also led to positive spillover effects on developing economies that supply China’s demand for resource-based products and intermediates. However, even at their higher rates of growth since 2000, the per capita incomes in developing countries – including many middle-income countries – will not reach the levels of developed countries by 2050. Boosting productivity growth in middle-income countries could stem this trend and is the focus of this report. At the same time, this growth needs to be inclusive so a real convergence in living standards can take place.

Table of contents:

Acronyms and abbreviations 14
Editorial 17
Executive summary 19
Chapter 1. Shifting wealth and the productivity challenges for middle-income countries 23
-Shifting global economic landscape 24
-The challenge of productivity for convergence 31
-Fading of traditional drivers of growth in some middle-income countries 36
-Boosting productivity for development 45
-References 50
-Annex 1.A1. Methodological notes 52
-Annex 1.A2. Additional tables 55
Chapter 2. Competitiveness in a catching-up context 57
-Large productivity gaps and relative specialisation in low value-added sectors 59
-Need for diversification into higher value-added sectors 63
-Strengthening product, labour and financial market institutions and public governance 70
-Closer coherence between education and technology policies 76
-Offering equal opportunities and stabilising the middle class 85
-Developing effective governments and implementing critical reforms  91
-References 97
-Annex 2.A1. Methodological notes 102
Chapter 3. Improving competitiveness in manufacturing industries 105
-Converging through manufacturing 108
-Fostering a competitive business environment  114
-Encouraging the development of competitive firms 126
-Energy efficiency as a facet of competitiveness 136
-References 142
-Annex 3.A1. Methodological notes 144
-Annex 3.A2. Additional tables 147
Chapter 4. Competitiveness in and through services 149
-Convergence through services 150
-Lagging competitiveness in service sectors of emerging economies 163
-Building competitiveness-enhancing environment for services 173
-References 186
-Annex 4.A1. Additional figures 189
Chapter 5. Regional policies to enhance competitiveness 191
-Diverging regional performance in the BRIICS and other emerging economies 194
-Factors that give regions a competitive edge 196
-Activating regions’ competitive edges 202
-References  215
-Annex 5.A1. Additional tables and figures 217
Chapter 6. Development challenges of the BRIICS 221
-Differing drivers of growth across the BRIICS 223
-The challenges of international integration in the BRIICS 231
-Brazil 238
-Russian Federation 244
-India 250
-Indonesia 256
-China 262
-South Africa 268
-References 277
-Annex 6.A1. Methodological notes 280
-Annex 6.A2. Additional tables and figures 281

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