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Emergence processes
This topic is very broad, but for the AFD Research Department it refers mainly to the mechanisms that enable a developing economy to attain a sustainable growth path in a context of fierce international competition. From this standpoint, the aim is to identify public strategies that can stimulate growth and, ultimately, help to reduce poverty and inequality, while at the same time remaining environment-friendly.
One of the questions addressed is whether the past emergence processes of developed and emerging countries can be reproduced in all developing countries. In view of the spectacular growth in imports of Chinese and, more recently, Indian goods, and in an economic environment marked by the lowering of customs barriers, is it possible to contemplate basing a growth process on industry? Which sectors seem conducive to such a process, and what conditions are required for their development? If growth based on industry does not seem possible, what about a development process that skips the industrialisation phase, allowing a direct transition from an agricultural economy to a service economy? In addition, should the oil or mineral rents enjoyed by many countries be regarded as a form of comparative advantage or as an economic trap? To what extent can the exploitation of natural capital foster the sustainable development of an economy?
Work in progress on this topic
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