Global study reveals key factors driving economic growth and development
The article looks at how different countries change their main economic activities over time. By studying data from 168 countries between 1970 and 2010, the researchers found that factors like income, population size, and government policies play a big role in determining which sectors (like farming, manufacturing, or services) are most important in each country. They also discovered that things like trade, education, and financial systems can help explain why some countries have different economic structures than others.