Titlebook: Demystifying the World Economic Development; Justin Yifu Lin,Caihui Fu Book 2024 Higher Education Press Limited Company 2024 Justin Yinfu

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Preface,In November 2018, former US Secretary of State, Henry Alfred Kissinger visited China, the latest of nearly 100 visits he has made in the past half century.

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Transformation and Upgrading of Economic Structure is the Key to Development,The origin of humanity as a species dates back to the Middle Paleolithic period, sometime between about 250,000 and 50,000 years ago. During the Paleolithic Age, human survival and sustenance primarily relied on collecting food and essential resources from the environment through gathering activities.

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Tracing the Trajectory of the Transformation and Upgrading of the World Economic Structure,In Chap. ., we learned about the fundamental significance of economic structural transformation and upgrading for global development, with a focus on how the Industrial Revolution contributed to shaping today’s developed economies.

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Searching for Exemplary Cases of Economic Structural Transformation and Upgrading,In a significant report delving into the lessons of the 1990s, the World Bank emphasized the complexity of economic growth and recognized that it cannot be solved with simple solutions.

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Andrea Lopes Sauers,Rita Ator,Jaime Gonzálezry and technological upgrading. Regardless of the stage of development, a country can successfully advance its development process if it leverages government facilitation in the market economy to help enterprises actively develop industries aligning with the country’s comparative advantage (determin

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ucture transformation and upgrading, which involves industrial upgrading to enhance productivity levels and simultaneous improvements in corresponding infrastructure, both hard and soft, to reduce transaction costs at each developmental stage. For example, during the agrarian stage of development, m