Economics

On industrial transformation in developing countries

The report analyzes the stages of industrial transformation in developing countries and the potential for industrial development in the Eurasian region.

On industrial transformation in developing countries

The Eurasian Development Bank (EDB) has released a report titled "Architecture of Industrial Transformation in Developing Economies." The report proposes a three-stage development model ranging from building basic infrastructure to adopting technologies and introducing own innovations. The development of national manufacturing is considered one of the key factors in moving countries from the group of middle-income economies to the category of high-income economies. In 1990–2023, out of 108 economies with middle-income levels... ...

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