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DTSTAMP:20261111T131240
DTSTART:20261112T180000
DTEND:20261112T193000
SUMMARY:Structural change and development
LOCATION:London School of Economics: In-person and online public event (Ol
 d Theatre\, Old Building)
DESCRIPTION:Thursday 12 November 2026 6pm - 7.30pmSpeakerProfessor Richard
  RogersonChairSir Christopher PissaridesJoin us for this special Economica
  Phillips lecture which this year will be delivered by Princeton academic 
 Richard Rogerson.Development is associated with systematic changes in the 
 composition of economic activity. Economists refer to this as structural c
 hange. Economies in the early stages of development are dominated by agric
 ulture\, while economies in the later stages of development are dominated 
 by services. But the transition path that today’s advanced economies fol
 lowed has involved an initial rise and then fall of the manufacturing sect
 or. Is manufacturing key to development?Many developing economies today ha
 ve had very little growth in manufacturing as they start to develop. Are t
 hey destined to stay poor? The two most salient examples of recent growth 
 miracles—China and India—offer conflicting evidence. China’s growth 
 has been accompanied by a large increase in manufacturing activity\, while
  India’s growth has been associated little increase in manufacturing. Do
 es India prove that service led growth is possible? What can we learn from
  these experiences? Are there other countries that are successfully follow
 ing this path? This lecture will examine the development process from the 
 perspective of structural change and seek to answer these questions.Meet o
 ur speaker and chairRichard Rogerson joined the faculty of Princeton Unive
 rsity in 2011\, where he is the Charles and Marie Robertson Professor of E
 conomics and Public Affairs. He is also the Director of the Louis A. Simps
 on Center for the Study of Macroeconomics. Professor Rogerson's teaching a
 nd research interests are in the fields of macroeconomics and labour econo
 mics.Christopher Pissarides is the Regius Professor of Economics at LSE an
 d the co-founder of the Institute for the Future of Work. He specialises i
 n the economics of labour markets\, economic growth\, and structural chang
 e. In 2010 he was awarded the Nobel Prize for his work on markets with fri
 ctions\, sharing it with Peter Diamond and Dale Mortensen.More about this 
 eventJoin us on campus or register to watch the event online at LSE Live. 
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URL;VALUE=URI:https://www.lse.ac.uk/events/structural-change-and-developme
 nt
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