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Resilience to shrinking as a catch-up strategy: a comparison of Brazil and Indonesia, 1964–2010

Axelsson, Tobias LU and Martins, Igor LU (2022) In Lund papers in Economic History
Abstract
Development economics has long focused on growth patterns to explain countries’ ability to catch up and forge ahead. We argue, however, that resilience to economic shrinking matters more. Using the examples of Brazil and Indonesia, we propose that a framework consisting of social capabilities – namely structural transformation, autonomy, and inclusion – can explain why Indonesia is more resilient to economic shrinking than Brazil and why the country is more likely to be successful in its catching-up process.

Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Working paper/Preprint
publication status
published
subject
keywords
economic shrinking, income convergence, natural states, social capabilities, Latin America, Asia, N10, O20, O43
in
Lund papers in Economic History
issue
2022:233
pages
38 pages
language
English
LU publication?
yes
id
54137c15-a011-4072-82c4-4fd312bd05a5
date added to LUP
2022-01-19 11:49:03
date last changed
2022-01-19 11:49:03
@misc{54137c15-a011-4072-82c4-4fd312bd05a5,
  abstract     = {{Development economics has long focused on growth patterns to explain countries’ ability to catch up and forge ahead. We argue, however, that resilience to economic shrinking matters more. Using the examples of Brazil and Indonesia, we propose that a framework consisting of social capabilities – namely structural transformation, autonomy, and inclusion – can explain why Indonesia is more resilient to economic shrinking than Brazil and why the country is more likely to be successful in its catching-up process. <br/><br/>}},
  author       = {{Axelsson, Tobias and Martins, Igor}},
  keywords     = {{economic shrinking; income convergence; natural states; social capabilities; Latin America; Asia; N10; O20; O43}},
  language     = {{eng}},
  note         = {{Working Paper}},
  number       = {{2022:233}},
  series       = {{Lund papers in Economic History}},
  title        = {{Resilience to shrinking as a catch-up strategy: a comparison of Brazil and Indonesia, 1964–2010}},
  url          = {{https://lup.lub.lu.se/search/files/112216585/LUPEH_233.pdf}},
  year         = {{2022}},
}