Economic transformation would in fact require this high and sustained rate of growth and could be described as:   Diversification of the economies with at least five sectors, contributing a minimum of 10 – 15 per cent towards GDP;    Substantial growth in the private sector oriented mainly towards exports;    Flexible and adaptive production structures; and    Highly trained work forces engaged in quality jobs.
The straightforward way to resolve this impasse is to try to explain it to politicians who remain skeptical. As evidence, one could use the 1960s and 1970s as dramatic indications of what happens when macro policy violates the natural unemployment rate rule and the equilibrium interest rate rule, with rather dire subsequent inflationary consequences.