Structural Change And Industrial Development In The Brics
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Author | : Wim Naudé |
Publisher | : OUP Oxford |
Total Pages | : 523 |
Release | : 2015-06-18 |
Genre | : Business & Economics |
ISBN | : 0191038172 |
This book provides a unique and timely analysis of the role of structural change in the economic development of Brazil, Russia, India, China, and South Africa (BRICS) with a consideration for the role of industry, and in particular manufacturing. The emergence of BRICS reflects an ongoing change in the international economic order. BRICS now account for very substantial part of global GDP, global manufactured value added and global manufactured exports. The book examines their economic experiences and structural change in BRICS over the past three decades, identifying both differences and commonalities, and deriving lessons for other industrializing countries. Section I contains comparative studies focusing on the commonalities and differences of the experiences of BRICS. Section II includes six country studies providing a more detailed analysis of the long-run experiences of each of the countries. Section III consists of a set of seven thematic studies focusing on specific topics such as global value chains, the role of transnational corporations in the food chain, the role of foreign versus domestic investment, the role of domestic versus foreign demand in economic growth the diffusion of environmental energy technology and the similarities, and the differences in industrial policies pursued in the five countries. The book contains a summary chapter that provides an integrated perspective of the various contributions from the point of view of poverty reduction and development. It asks, whether the patterns of structural change and industrial development that BRICS experienced, had an impact on poverty outcomes, and if so, what where the channels and the consequences?
Author | : Wim A. Naudé |
Publisher | : Oxford University Press, USA |
Total Pages | : 523 |
Release | : 2015 |
Genre | : Business & Economics |
ISBN | : 0198725078 |
This book examines the role of structural change in the economic development of Brazil, Russia, India, China and South Africa (BRICS) with a consideration for the role of industry, and in particular manufacturing.
Author | : Arkebe Oqubay |
Publisher | : |
Total Pages | : 981 |
Release | : 2020 |
Genre | : Business & Economics |
ISBN | : 0198862423 |
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. "The Oxford Handbook of Industrial Policy" presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy, providing analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, political economy, green economy, and shifts in the twenty-first century. The chapters offer valuable lessons and policy insights to policymakers, practitioners and researchers in the field.
Author | : Linggui Wang |
Publisher | : World Scientific |
Total Pages | : 247 |
Release | : 2019-10-03 |
Genre | : Political Science |
ISBN | : 9811201013 |
BRICS countries, namely Brazil, Russia, India, China and South Africa (known as bloc), have been working closely together for more than a decade in areas as politics, economics, culture and security. The bloc plays a crucial role in facilitating the growth of not only emerging markets and developing countries, but also the world economy as a whole. Just as importantly, it contributes significantly towards improving global governance and the welfare of those living in BRICS countries. Contributed by more than 20 experts from major think tanks in BRICS countries, the chapters in this book analyze how the BRICS countries have realized shared prosperity and achieved global prominence by cooperating with one another. In addition, the authors also look at challenges faced by the bloc, and possible solutions to those problems.
Author | : Hartmut Elsenhans |
Publisher | : Stanford University Press |
Total Pages | : 104 |
Release | : 2017-09-12 |
Genre | : Business & Economics |
ISBN | : 1503604918 |
Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment in the productivity of ordinary citizens. Diverging from the popular narrative of increased liberalization, this book argues specifically for direct government investment in human infrastructure; policies that increase wages and the bargaining power of labor; and the strategic use of exchange rates to encourage export-led growth. These measures raise up the majority and finance future productivity by driving broader consumption and fostering investment within national borders. Though strategies like full employment, mass education, and progressive taxation are not especially controversial, none of the BRICS have truly embraced them. Examining barriers to implementation, Elsenhans and Babones find that the main obstacle to such reforms is an absence of political will, stemming from closely guarded elite privilege under the current laws. BRICS or Bust? is a short, incisive read that underscores the need for demand-driven growth and why it has yet to be achieved.
Author | : |
Publisher | : BRILL |
Total Pages | : 515 |
Release | : 2020-04-20 |
Genre | : Social Science |
ISBN | : 9004428895 |
Rekindling the Strong State in Russia and China offers a thorough analysis of the profound regeneration of the State and its intense interaction with the external projections of Russia and China. In the international political scene, leaderships are under constant negotiation. Financial crisis, social and cultural transformations, values setting and migration flows have a deep impact on global powers, leading to the appearance of new actors. At present, the assumed rise of a new axis between two emerging powers, such as Russia and China, effaces their different backgrounds, leading to misinterpretations of their positioning in the geopolitical arena. This book is an essential and multifaceted guide aimed at understanding the deep changes that affect these two countries and their global aspirations. Contributors are: Marco Puleri; Andrea Passeri; Marco Balboni; Carmelo Danisi; Mingjiang Li; Mahalakshmi Ganapathy; Rosa Mulè; Olga Dubrovina; Evgeny Mironov; Yongshun Cai; Vasil Sakaev; Eugenia Baroncelli; Sonia Lucarelli; Nicolò Fasola; Stefano Bianchini; Stanislav Tkachenko; Vitaly Kozyrev; Marco Borraccetti; Francesco Privitera; Antonio Fiori, Massimiliano Trentin; Arrigo Pallotti; Giuliana Laschi; Michael Leigh.
Author | : David O'Connor |
Publisher | : Zed Books |
Total Pages | : 452 |
Release | : 2008-06-01 |
Genre | : Business & Economics |
ISBN | : 9781848130272 |
With very few exceptions, industrial development has been central to the process of structural transformation which characterises economic development. Industrial Development for the 21st century examines the new challenges and opportunities arising from globalization, technological change and new international trade rules. The first part focuses on key sectors with potential for developing countries, focussing on two key themes. First, traditional points of entry for late industrializers - like textiles and clothing - have become even more intensely competitive than ever before, requiring more innovative adaptive strategies for success. Second, countries now recognize that manufacturing does not exhaust the opportunities for producing high value-added goods and services for international markets. Knowledge intensity is increasing across all spheres of economic activity, including agriculture and services, which can offer promising development paths for some developing countries. The final section addresses social and environmental aspects of industrial development. Labour-intensive, but not necessarily other patterns of industrial development can be highly effective in poverty reduction though further industrial progress may be less labour-intensive. A range of policies can promote industrial energy and materials efficiency, often with positive impacts on firms' financial performance as well as the environment. Promoting materials recycling and reuse is an effective, if indirect means of conserving resources. Finally, the growth of multinational interest in corporate social responsibility is traced, with consideration given to both the barriers and opportunities this can pose for developing country enterprises linked to global supply chains.
Author | : Ludovico Alcorta |
Publisher | : Oxford University Press |
Total Pages | : 743 |
Release | : 2021 |
Genre | : Business & Economics |
ISBN | : 0198850115 |
Here is a comprehensive edited volume that outlines the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field.
Author | : Antonio Andreoni |
Publisher | : Oxford University Press |
Total Pages | : 411 |
Release | : 2021 |
Genre | : Business & Economics |
ISBN | : 0192894315 |
Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
Author | : John Weiss |
Publisher | : Routledge |
Total Pages | : 447 |
Release | : 2015-09-16 |
Genre | : Business & Economics |
ISBN | : 113669885X |
The Routledge Handbook of Industry and Development is a global overview of industrialisation. Each chapter will provide readers with contemporary insights into this this essential aspect of economic development. Industrialisation has been at the forefront of discussion on economic development since the earliest days of development economics. But over the last fifty years, the manufacturing sectors of different countries and regions have grown at strikingly different rates. In 1960 developing countries took a very small share of global manufacturing production. Today the position had changed radically with fast growth of manufacturing in many parts of what was originally the developing world, particularly in China and the rest of East Asia. On the other hand, countries in Africa and parts of Latin America have been largely left behind by this process of industrialisation. This volume aims to illuminate this uneven development and takes stock of the current issues that hinder and support industrialisation in low and middle income economies. This Handbook is a collection of chapters on different aspects of industrialisation experience in a range of countries. Key themes include, the role of manufacturing in growth, the nature of structural change at different stages of development, the role of manufacturing in employment creation, alternative options for trade and industrial policy, the key role of technology and technical change, and the impact of globalisation and the spread of global value chains and foreign direct investment on prospects for industrialisation. Several chapters discuss individual country experiences with examples from India, Mexico, South Africa and Tanzania, as well as an overview of African industrialisation. This authoritative Handbook will be a key reference source for those studying or wishing to understand contemporary economic development. Offering inspiration and direction for future research, this landmark volume will be of crucial importance to all development economics scholars and researchers.