Structural Transformation and Economic Growth is a research programme funded by FCDO

STEG is a five-year academic research programme which will provide a deeper understanding of the fundamental economic processes of structural change and productivity growth in low- and middle-income countries. Read more

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    The STEG programme will focus on six specific research themes.

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    Kaushik Basu

    The Changing Nature of Work: The Need for Radical Policy Reform - Kaushik Basu, Cornell University & former Chief Economist at the World Bank

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    Gita Gopinath

    The Great Lockdown in Low-Income and Developing Economies – Gita Gopinath, Chief Economist, International Monetary Fund

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Theme workshops


The STEG programme is structured around six themes. In August and September 2020, the six themes held online workshops. These workshops are a way of increasing the visibility of STEG within the research community and will play a role in helping to share knowledge of the current research frontier and in identifying open research questions. Please see the details for the different theme workshops below: 


STEG: a new research initiative


A new research initiative launched to underpin development policy in low- and middle-income countries

As low-income countries begin to look beyond the COVID-19 pandemic, a new research programme aims to strengthen their potential for achieving long-run growth and economic transformation.

Virtual Inception Workshop


The Structural Transformation and Economic Growth (STEG) research programme was launched with a virtual inception workshop on the 4th and 5th June 2020, with an introduction to the intellectual framework of the project, a discussion of its key research themes and two keynote lectures: the first by Professor Gita Gopinath, Chief Economist at the International Monetary Fund; and the second by Professor Kaushik Basu of Cornell University, and former Chief Economist at the World Bank. 

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The Centre for Economic Policy Research (CEPR) was founded in 1983 to enhance the quality of economic policy-making within Europe and beyond, by fostering high quality, policy-relevant economic research, and disseminating it widely to decision-makers in the public and private sectors. Drawing together the expertise of its Research Fellows and Affiliates, CEPR initiates, funds and coordinates research activities and communicates the results quickly and effectively to decision makers around the world. The Centre is an independent, non-profit organization and takes no institutional policy positions. 


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Department for International Development