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Chapter 1: Introduction.- <b>Section 1: Investment</b>.- Chapter 2: Understanding the Productivity Slowdown and its Practical Implications.- Chapter 3: Premature Deindustrialization, Economic Dualism and the Changing Dynamics of Growth.- Chapter 4: Revisiting the lessons and insights from East Asia’s Remarkable Narrative of Structural Transformation.- Chapter 5: Changing Drivers of Globalization and the Next Phase of Economic Integration.- Chapter 6: Financial Reform: A Crucial Imperative, Issues and Challenges.- <b>Section 2: Innovation</b>.- Chapter 7: Forging a Closer Link between the Technological and Non Technological Dimensions of Innovation.- Chapter 8: Revisiting the Present Relevance of Some Widely Acknowledged Theories of Innovation.- <b>Section 3: Institutions</b>.- Chapter 9: Understanding the Criticality of Institutional Change in Determining Economic Outcomes.- Chapter 10: Institutional Reform, Equity and Liberalism: Drivers and Deterrents.- Conclusion.

<p><b>Piya ​Mahtaney</b> is a&nbsp; visiting lecturer with St Xavier’s Institute of Communications, Mumbai, India. She is also council member of Forum of Free Enterprise and on the academic council of Maharashtra Institute of Technology. She writes a monthly column, Econ Buzz about a wide gamut of issues pertinent to sustainable development issues in Forum Views published by the Brokers Forum, Bombay Stock Exchange (BSE). She has written four books, including&nbsp;<i>Globalization and Sustainable Economic Development</i> (2013), <i>India China and Globalization</i> (2007).</p>

The book presents a comprehensive and incisive analysis of Structural transformation which is among the most relevant and crucial themes of contemporary economics. Structural transformation is the edifice that is the basis of the next phase of economic transformation. The book demonstrates that structural transformation cannot be shoe horned into a single point formula, it is not merely about achieving a double-digit growth rate, nor it is achieved by an overarching emphasis on rapid technological advancement.&nbsp;<br>Based on empirical evidence pertinent to developed and developing nations and present imperatives the book provides a comprehensive elucidation that that structural transformation will be profoundly determined by the empirics of investment, Innovation and Institutions.<div><br></div><div><br></div><div><b>Piya ​Mahtaney</b>&nbsp;is a&nbsp; visiting lecturer with St Xavier’s Institute of Communications (Mumbai) and Department of Economics of St Xavier’s College, Kolkata,India. She is also council member of Forum of Free Enterprise and on the academic council of Maharashtra Institute of Technology. She writes a monthly column, Econ Buzz about a wide gamut of issues pertinent to sustainable development issues in Forum Views published by the Brokers Forum, Bombay Stock Exchange (BSE). She has written four books.<br></div>

Links the levels of economic progress, the outcomes of growth and the transition to more sustainable systems to the nature, extent and pace of structural transformation Elucidates that the narrative of transformation will be profoundly determined by Investment, Innovation and Institutions Provides a comprehensive analysis about the various dimensions of technological advancement from the standpoint of development