Social Capability and Resilience to Economic Shrinking: An Empirical Investigation for Latin America c. 1970-2016
(2019) EKHS22 20191Department of Economic History
- Abstract
- Long term economic growth leading to development is as much about growing as avoiding spells of considerable negative growth, or shrinking. However, much more attention has been given to understand what makes countries achieve high growth rates than to avoid shrinking. Here we explore empirically a novel approach which proposes that five interrelated dimensions of social capability (inclusion, transformation, social stability, and state autonomy and accountability) could help understand resilience to economic shrinking. Making use of public data and a variety of empirical methods we delve into this relation for the Latin American context since 1970. In particular we look at the duration of periods of economic crisis and the performance... (More)
- Long term economic growth leading to development is as much about growing as avoiding spells of considerable negative growth, or shrinking. However, much more attention has been given to understand what makes countries achieve high growth rates than to avoid shrinking. Here we explore empirically a novel approach which proposes that five interrelated dimensions of social capability (inclusion, transformation, social stability, and state autonomy and accountability) could help understand resilience to economic shrinking. Making use of public data and a variety of empirical methods we delve into this relation for the Latin American context since 1970. In particular we look at the duration of periods of economic crisis and the performance under international stress. We find mixed evidence for our theoretical framework. While we are able to support State autonomy and accountability, and social stability having a positive relation with shrinking resilience, the same cannot be said about inclusion and transformation. Further research is clearly required to extend the research beyond the region, and to explore the interrelation between the different dimensions of social capability. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8987003
- author
- von Borries, Alvaro LU
- supervisor
- organization
- course
- EKHS22 20191
- year
- 2019
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Shrinking, crisis, resilience, catch-up, social capability, survival analysis, Latin America
- language
- English
- id
- 8987003
- date added to LUP
- 2019-08-22 08:33:40
- date last changed
- 2019-08-22 08:33:40
@misc{8987003,
abstract = {{Long term economic growth leading to development is as much about growing as avoiding spells of considerable negative growth, or shrinking. However, much more attention has been given to understand what makes countries achieve high growth rates than to avoid shrinking. Here we explore empirically a novel approach which proposes that five interrelated dimensions of social capability (inclusion, transformation, social stability, and state autonomy and accountability) could help understand resilience to economic shrinking. Making use of public data and a variety of empirical methods we delve into this relation for the Latin American context since 1970. In particular we look at the duration of periods of economic crisis and the performance under international stress. We find mixed evidence for our theoretical framework. While we are able to support State autonomy and accountability, and social stability having a positive relation with shrinking resilience, the same cannot be said about inclusion and transformation. Further research is clearly required to extend the research beyond the region, and to explore the interrelation between the different dimensions of social capability.}},
author = {{von Borries, Alvaro}},
language = {{eng}},
note = {{Student Paper}},
title = {{Social Capability and Resilience to Economic Shrinking: An Empirical Investigation for Latin America c. 1970-2016}},
year = {{2019}},
}