Industrial Development

Francesco  Amodio; Markus  Poschke; Bruno  Caprettini; Jaedo  Choi; Hanwei Huang; Yu-Hsiang  Lei; Tristan  Reed; Rodimiro  Rodrigo; Luis Felipe Sáenz; Marco  Sanfilippo; Matthew  Schwartzman; Gustavo  de Souza; Michael  Sposi; Verena  Wiedemann

Industrial Development

Francesco Amodio (Editor)
, Markus Poschke (Editor)
, Bruno Caprettini (Editor)
, Jaedo Choi (Editor)
, Hanwei Huang (Editor)
, Yu-Hsiang Lei (Editor)
, Tristan Reed (Editor)
, Rodimiro Rodrigo (Editor)
, Luis Felipe Sáenz (Editor)
, Marco Sanfilippo (Editor)
, Matthew Schwartzman (Editor)
, Gustavo de Souza (Editor)
, Michael Sposi (Editor)
, Verena Wiedemann (Editor)

Department of Economics and Finance

Research output: Scholarly Books, Monographs, Reports and Case Studies › Other research report

Abstract

Industrialisation has historically been central to economic development, driving productivity growth, structural transformation, and the creation of stable wage employment for workers with limited formal education. Yet the conditions under which industrialisation delivered broad-based prosperity in the past have changed. Automation, the reshaping of global trade patterns, and the rising importance of services mean that industrial growth today is less likely to generate large numbers of jobs automatically.

This VoxDevLit synthesises evidence on industrial development, drawing on historical experience while focusing primarily on recent evidence and lessons relevant for contemporary policy.

Original language	English
Publisher	VoxDev
Number of pages	60
Publication status	Published - 18 Feb 2026

Publication series

Name	VoxDevLit
No.	1
Volume	22

Bibliographical note

Research Unit(s) information for this publication is provided by the author(s) concerned.

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https://voxdev.org/voxdevlit/industrial-development

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title = "Industrial Development",

abstract = "Industrialisation has historically been central to economic development, driving productivity growth, structural transformation, and the creation of stable wage employment for workers with limited formal education. Yet the conditions under which industrialisation delivered broad-based prosperity in the past have changed. Automation, the reshaping of global trade patterns, and the rising importance of services mean that industrial growth today is less likely to generate large numbers of jobs automatically. This VoxDevLit synthesises evidence on industrial development, drawing on historical experience while focusing primarily on recent evidence and lessons relevant for contemporary policy. ",

editor = "Francesco Amodio and Markus Poschke and Bruno Caprettini and Jaedo Choi and Hanwei Huang and Yu-Hsiang Lei and Tristan Reed and Rodimiro Rodrigo and \{Felipe S{\'a}enz\}, Luis and Marco Sanfilippo and Matthew Schwartzman and \{de Souza\}, Gustavo and Michael Sposi and Verena Wiedemann",

note = "Research Unit(s) information for this publication is provided by the author(s) concerned. ",

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A2 - Caprettini, Bruno

A2 - Choi, Jaedo

A2 - Huang, Hanwei

A2 - Lei, Yu-Hsiang

A2 - Reed, Tristan

A2 - Rodrigo, Rodimiro

A2 - Felipe Sáenz, Luis

A2 - Sanfilippo, Marco

A2 - Schwartzman, Matthew

A2 - de Souza, Gustavo

A2 - Sposi, Michael

A2 - Wiedemann, Verena

N1 - Research Unit(s) information for this publication is provided by the author(s) concerned.

PY - 2026/2/18

Y1 - 2026/2/18

N2 - Industrialisation has historically been central to economic development, driving productivity growth, structural transformation, and the creation of stable wage employment for workers with limited formal education. Yet the conditions under which industrialisation delivered broad-based prosperity in the past have changed. Automation, the reshaping of global trade patterns, and the rising importance of services mean that industrial growth today is less likely to generate large numbers of jobs automatically. This VoxDevLit synthesises evidence on industrial development, drawing on historical experience while focusing primarily on recent evidence and lessons relevant for contemporary policy.

AB - Industrialisation has historically been central to economic development, driving productivity growth, structural transformation, and the creation of stable wage employment for workers with limited formal education. Yet the conditions under which industrialisation delivered broad-based prosperity in the past have changed. Automation, the reshaping of global trade patterns, and the rising importance of services mean that industrial growth today is less likely to generate large numbers of jobs automatically. This VoxDevLit synthesises evidence on industrial development, drawing on historical experience while focusing primarily on recent evidence and lessons relevant for contemporary policy.

M3 - Other research report

T3 - VoxDevLit

BT - Industrial Development

PB - VoxDev

ER -

Industrial Development

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