The browser you are using is not supported by this website. All versions of Internet Explorer are no longer supported, either by us or Microsoft (read more here: https://www.microsoft.com/en-us/microsoft-365/windows/end-of-ie-support).

Please use a modern browser to fully experience our website, such as the newest versions of Edge, Chrome, Firefox or Safari etc.

Igor Martins . Photo

Igor Martins

Researcher

Igor Martins . Photo

Resilience to Shrinking as a Catch-Up Strategy : a Comparison of Brazil and Indonesia, 1964–2019

Author

  • Tobias Axelsson
  • Igor Martins

Summary, in English

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.

Department/s

  • Department of Economic History
  • LU Profile Area: Human rights

Publishing year

2024

Language

English

Pages

491-516

Publication/Series

Studies in Comparative International Development

Volume

59

Issue

3

Document type

Journal article

Publisher

Springer

Topic

  • Economic History

Keywords

  • Economic shrinking
  • Income convergence
  • Social capabilities
  • Latin America
  • Asia
  • Brazil
  • indonesia

Status

Published

Project

  • Resilience to economic shrinking: A social capability approach to processes of catching up in the developing world since the 1950s

ISBN/ISSN/Other

  • ISSN: 0039-3606