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68:. Shifting demand for both locally sourced goods and for imported products is a fundamental part of development. The structural changes that move countries through the development process are often viewed in terms of shifts from primary, to secondary and finally, to tertiary production. Technical progress is seen as crucial in the process of structural change as it involves the
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Etchemendy, Sebastian, Models of
Economic Liberalization: Regime, Power and Compensation in the Iberian-American Region (2009). APSA 2009 Toronto Meeting Paper. Available at SSRN:
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This article is about changes in market dynamics and economic systems. For structural change in statistical and econometric models, see
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Economic structural changes impact also on employment. A developing economy typically reveals a high share of employment in the
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Structural change can be initiated by policy decisions or permanent changes in resources, population or the society. The
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smartphone, whose headquarters are located there. Today, South Korea's economy is the 15th strongest economy system.
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opened the first technology center named "Technologiepark
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Leon, P. (1967) Structural Change and Growth in
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of skills, vocations, and permanent changes in spending and production resulting in
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may be liberalized. A current driver of structural change in the world economy is
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is a shift or change in the basic ways a market or economy functions or operates.
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Historically, structural change has not always been strictly for the better. The
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Patterns and changes in sectoral employment drive demand shifts through the
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Sharp, Margaret (1980). "The challenge of long-term structural change".
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57:. Structural change is possible because of the dynamic nature of the
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was relatively uniform in economic structure, but after
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and the separate paths of development taken by each
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Korea's divided families: fifty years of separation
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Clark, C (1940) The
Conditions of Economic Progress
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194:Testing econometric models for structural change
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255:"Structural Change Definition | Investopedia"
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