The financial crisis in advanced economies and its impact on developing countries has put the longer term agenda of development ¿ structural transformation of countries, of their growth, jobs, poverty and distribution ¿ on the analytic and policy backburner. Day to day management of macro fundamentals in the global economy and the labour market have consumed decision makers with faltering GDP growth, soaring unemployment, and a resurgent threat of deflation. Without understanding and addressing the structural constraints and imbalances underpinning such global problems, the world economy is doomed to experience an increasing number of crises and emerging dualisms between countries. The aim of this book is