Resilience to shrinking as a catch-up strategy: a comparison of Brazil and Indonesia, 1964–2010
(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:
https://lup.lub.lu.se/record/54137c15-a011-4072-82c4-4fd312bd05a5
- author
- Axelsson, Tobias LU and Martins, Igor LU
- organization
- publishing date
- 2022
- 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}}, }