Economic Themes (2010) 48 (3) 4, 369-382

SIGNIFICANCE AND INFLUENCE OF ECONOMIC STRUCTURE ON ECONOMIC DEVELOPMENT


Vladislav Marjanović

Abstract: Nowdays, it seems that there are no serious interpretations of the phenomenon of economic development without mentioning economic structure being related to the previous. The relation between economic development and economic structure and structural changes is so obvious and close that, without it, defining of economic development wouldn’t be possible. The notion “structure” implies a whole made of parts that are mutually connected by interdependent relationships. That whole is not riveted or permanently given. It is a changeable category and changes are influenced by various factors which will be differentiated in various ways (internal and external, short-term and long-term, etc).

Keywords:  economic structure; economic development; three-sector model; structural transformation

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