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Structural Transformation in the Global South: Is the Promise Still Alive? – Economic Sociology & Political Economy
https://economicsociology.org/2025/09/18/structural-transformation-in-the-global-south-is-the-promise-still-alive/
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by C.R.Yadu and Sahil Mehra* Within the discourse of Development Economics, the most widely accepted theory is that of ‘structural transformation’ (ST), which posits that, over time, non-agricultur…