Charter Cities Podcast

Kartik Akileswaran and Jonathan Mazumdar on Growth Teams and Structural Transformation

Feb 14, 2024

Exploring the importance of structural transformation in developing countries, the challenges faced by governments, and the role of Growth Teams in driving economic stability. Topics include the definition of structural transformation, government outreach, and the impact of skilled migration on economic growth. The podcast also delves into industry-specific investment climates, government challenges, and the need for building government capabilities for sustained growth strategies.

45:27

Creator website

Episode guests

Kartik Akileswaran

Jonathan Mazumdar

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Episode notes

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Quick takeaways

Growth Teams empowers developing nations for economic growth through actionable strategies and innovative approaches.

Knowledge and skill transfer, along with hands-on collaboration, are crucial for sustainable economic development in developing countries.

Deep dives

Growth Teams: Bridging Policy Advice to Action for Economic Growth

Growth Teams, led by Kartik Akleslaron and Jonathan Mazimdar, focuses on catalyzing economic growth in developing countries through actionable strategies. By infusing lean startup principles, they assist governments in translating research and policies into tangible actions to overcome growth constraints. The team's belief in the significance of economic growth for human welfare drives their innovative approach to help governments create flywheels for promoting economic growth.

Introduction

6min

Exploring Economic Growth and State Capability

7min

Exploring Industry-specific Investment Climate and Government Challenges

2min

Navigating Structural Transformation Challenges in Economies

7min

Economic Growth and Labor Mobility

6min

Building Government Capabilities for Sustainable Growth Strategies

18min

Many countries need radical structural transformation, specifically in more developing nations, and Growth Teams and made it part of their mission to empower developing countries to create jobs and grow their economies. Today, we are in conversation with the cofounders of Growth Teams, Kartik Akileswaran and Jonathan Mazumdar. The pair are here to discuss how their business is playing its part in creating economic stability in countries around the world. Our conversation begins with a breakdown of Growth Teams, how the company works, and why Kartik and Jonathan chose to build it. After taking a look at our guests’ professional backgrounds, we dive into the definition of structural transformation, assess its importance, discover why it’s so difficult to facilitate and brainstorm ways for governments to stand true to their promises of transformation. We also learn how Growth Teams gets involved in government outreaches, how it’s doing things differently to achieve better results, the countries it is working with, and everything the business has planned moving forward.

Key Points From This Episode:

What Growth Teams is all about and how Kartik and Jonathan came to found it
Kartik and Jonathan's professional backgrounds
The importance of structural growth and economic development
Why the aforementioned issues are neglected by governments and policymakers
Defining structural transformation
The factors that make structural transformation difficult to facilitate
Our guests’ advice for how governments can uphold their transformation reforms
How labor mobility fits in
Why government outreach programs have low skills retention, and how Growth Teams is fixing this
A look at Growth Team's involvement in government outreaches and how it evolves during the process
The countries that Growth Teams is working with and the company's plans for the future

Links Mentioned in Today’s Episode:

Kartik Akileswaran on LinkedIn

Jonathan Mazumdar on LinkedIn

Growth Teams

‘Governance and Development'

The perspective of growth-enhancing governance’

‘Which World Bank Reports Are Widely Read?’

Pockets of Effectiveness

Charter Cities Institute

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