Conversations on Transformation

Conversations on Transformation

The STEG Podcast Series ' Conversations on Transformation' investigates some of the most important new research in structural transformation, growth and economic development.

Episodes

November 13, 2025 22 mins
Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

We have a mental model of structural transformation, and we have decades of empirical data to test our ideas about how that process works. But does it happen in the same way everywhere? This question has been hard to answer, not least because in some parts of the Global South, data h...
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Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

If you have ever tried the private minibus routes that millions of people in low-income countries rely on to get to work, to shops, or to school, they can seem chaotic. But would it require large or small policy tweaks to make them work efficiently, and what would those tweaks be? Ba...
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Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

In China, the Hukou system has traditionally controlled migration from rural areas to cities. But if structural transformation is powered by exactly that type of migration, how did the Hukou system affect the life chances of Chinese people? Ting Chen of Hong Kong Baptist University i...
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Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

We know that inequality has an impact on development – but there are many types of inequality, and equally many ways to measure it. One of its most important dimensions, especially at the early stages of the transformation of an economy, is land inequality. Harrison Mitchell of the U...
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October 30, 2025 14 mins
Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

For many economies in the Global South, fossil fuel extraction has been both a blessing and a curse. Nowhere more so than Nigeria, where oil production generates huge revenues, but also creates an environmental and social burden for the people who live in oil producing regions. Arinz...
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October 28, 2025 14 mins
Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

For years, economists hardly dared speak in public about industrial policy, for fear of being laughed out of the room. Now, thanks partly to deglobalisation and trade wars, it’s back on the agenda.

Beata Javorcik of the University of Oxford is the chief economist at the EBRD...
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October 23, 2025 17 mins
Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

What do economists mean when they talk about “slack” in an economy, and why is it an important concept for development? Felix Samy Soliman of the University of Zurich and his co-authors have analysed firms in Kenya to find out whether they underuse their labour and capital, and why. ...
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October 21, 2025 25 mins
Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

Why do people migrate to cities? Alternatively, if you have read the research on the large financial benefits of migration, you might wonder: if those estimates are correct, why doesn’t everyone migrate to a city? New research by Marieke Kleemans of the University of Illinois and her...
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Recorded at the 2025 annual conference of the Structural Transformation and Economic Growth Programme, held at the University of Oxford.

When we think about digital technologies in business, we tend to think about payments and transactions. Throughout his career, Robert Townsend of MIT has studied the impact of financial systems, insurance and credit in development, especially in rural Thailand. He talks to Tim Philli...
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In the 2024 season of the Conversations on Transformation series, recorded at the STEG Annual Conference in Abu-Dhabi NYU, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

In the last episode of this year’s series, Tim talks to Melanie Gräser about her research on how Liberia’s growth depends on mining and how different t...
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In the 2024 season of the Conversations on Transformation series, recorded at the STEG Annual Conference in Abu-Dhabi NYU, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

The health benefits for children and adults of the recent malaria vaccination efforts in Sub-Saharan Africa are very clear. In the sixth episode, Tim t...
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In the 2024 season of the Conversations on Transformation series, recorded at the STEG Annual Conference in Abu-Dhabi NYU, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

Creative destruction is the process by which failing businesses are replaced by new, more entrepreneurial firms. In the fifth episode, Tim talks to Sho...
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n the 2024 season of the Conversations on Transformation series recorded at the STEG Annual Conference at NYU Abu Dhabi, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

Informal employment in Mexico amounts to half of all employment. In the fourth episode, Tim talks to Brenda Samaniego de la Parra about the informal econ...
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In the 2024 season of the Conversations on Transformation series, recorded at the STEG Annual Conference at NYU Abu-Dhabi, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

In the third episode, Tim talks to Felipe Sáenz about his latest research on the Industrial Revolution and the patterns of growth that began in Europe ...
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In the 2024 season of the Conversations on Transformation series recorded at the STEG Annual Conference at NYU Abu Dhabi, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

In the second episode, Tim talks to Yaw Nyarko, who set up a microcredit system and nano-commodity exchanges for maize farmers in Ghana. 

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In the 2024 season of the Conversations on Transformation series, recorded at the STEG Annual Conference 2024 at NYU Abu-Dhabi, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development. 

The focus of the first episode is industrial policy. Tim talks to Yongseok Shin, who, during his keynote at the conference, examined South Korea's...
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The Conversations on Transformation series, narrated by Tim Phillips, investigates some of the most important new research in structural transformation, growth and economic development.

In this fifth and final episode, Tim talks to Marina Ngoma (Tufts University) about how Chinese imports have spurred manufacturing employment in Ethiopia.

Read Chinese Imports and Industrialization in Africa: Evidence from Eth...
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The Conversations on Transformation series, narrated by Tim Phillips, investigates some of the most important new research in structural transformation, growth and economic development.

In this fourth episode of five, Tim talks to Nina Pavcnik (Dartmouth College) about how multinational affiliates and domestic firms in Vietnam adjusted to new export opportunities in the United States.

Read FDI Inflows and Dom...
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The Conversations on Transformation series, narrated by Tim Phillips, investigates some of the most important new research in structural transformation, growth and economic development.

In this third episode of five, Tim talks to Allan Hsiao (Princeton University) about how Jakarta has adapted to sea level rise and why government intervention might have actually complicated the issue.

Read Sea Level Rise and ...
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The Conversations on Transformation series, narrated by Tim Phillips, investigates some of the most important new research in structural transformation, growth and economic development.

In this second episode of five, Tim talks to Nathan Lane (University of Oxford) about a new approach to measuring industrial policy and the new insights this offers.

Read The Who, What, When, and How of Industrial Policy: A Te...
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