| In most countries in sub-Saharan Africa at present, the majority of the population is engaged in agriculture, with economies in the very early stages of structural transformation - the process whereby a predominantly agrarian economy is transformed into a diversified and productive economy dominated by manufacturing and services. These countries are characterized by low levels of farm productivity, limited growth of non-farm employment and high rates of population growth. This paper focuses on the factors involved in fostering a country’s structural transformation. This process of transformation has many dimensions. Among these we emphasize interactions between four factors: increased agricultural productivity, rural industrialization, the expansion of... |
