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Portrait of Tobias Axelsson. Photo.

Tobias Axelsson

Senior lecturer, Director of first and second cycle studies, Department of Economic History

Portrait of Tobias Axelsson. 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

2023-03-17

Language

English

Publication/Series

Studies in Comparative International Development

Document type

Journal article

Publisher

Transaction Publishers

Topic

  • Economic History

Keywords

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

Status

Epub

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