Working Paper
Digital de-industrialization, global value chains, and structural transformation
Digitalization and shifting patterns of globalization are fast changing the rules of the game for countries embarking on a path of industrialization. In this study, we empirically examine the impact of digitalization and global value chains on...
Working Paper
Structural transformations and the lack of inclusive growth
This paper describes the structural transformations that Chile has experienced in the last 50 years and how they have contributed—or not—to inclusive growth and genuine economic modernization from a historical perspective. The empirical analysis of...
Working Paper
Premature deindustrialization and income inequality in middle-income countries
This paper examines the income inequality implications of a ‘premature deindustrialization’ trend in middle-income countries. To identify the premature deindustrialization phase, we arrive at five conditions based on the trends in employment and...