We need new models for structural change

Global Economic Transformation is an initiative under Reimagining the Economy, an economics-centered but multidisciplinary initiative based at the Harvard Kennedy School. We piece together a range of ideas, disciplinary thinking, and perspectives to produce multidisciplinary scholarship that reshapes narratives about how we achieve inclusive prosperity. We use the theoretical and empirical tools of economics but are also informed and enriched by the thinking in other disciplines. Our objective is to go beyond the analysis of how our current economy works (or doesn’t) to piece together new structures, governance mechanisms, and forms of market economy and capitalism. We combine analyses of existing arrangements with an examination of alternative designs for market institutions. We undertake studies of economic transformation at all levels: local, regional, national, and global. And we attempt to bring together analyses of the range of public inputs that generate inclusive prosperity – from finance and firm support to workforce development.