Arbeitspapier

Moving the center: Adapting the toolbox of growth model research to emerging capitalist economies

The growth model perspective has provided positive momentum for Comparative and International Political Economy. This article seeks to move beyond the existing geographical confines of this perspective to elaborate on its potential for enhancing our understanding of the trajectories of different emerging capitalist economies (ECEs), the center of global economic growth during the last decades. Using national accounts data, we calculate the relative contributions of demand components to GDP growth for nine large emerging economies in the period from 2001 to 2016. Departing from the prevalent juxtaposition of consumption-led and export-led growth models, we add an investment-led model within a variegated set of ECE accumulation strategies. Subsequently, we employ case vignettes from Brazil, China, India and Indonesia to highlight ECE specificities in (1) the effects of international interdependencies on growth models, (2) the political underpinnings of growth models through social blocs, and (3) the existence of structural productive heterogeneities leading to regional growth models in very large economies. We conclude that these macro-political and institutional specificities should serve as a point of departure for a more global research agenda on growth models.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 188/2022

Klassifikation
Wirtschaft
Macroeconomic Analyses of Economic Development
International Linkages to Development; Role of International Organizations
Institutions and Growth
Comparative Studies of Countries
Comparative Studies of Particular Economies
Thema
Comparative capitalism
growth models
emerging capitalist economies
commodity super cycles
social blocs

Ereignis
Geistige Schöpfung
(wer)
Mertens, Daniel
Nölke, Andreas
May, Christian
Schedelik, Michael
Ten Brink, Tobias
Gomes, Alexandre
Ereignis
Veröffentlichung
(wer)
Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)
(wo)
Berlin
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mertens, Daniel
  • Nölke, Andreas
  • May, Christian
  • Schedelik, Michael
  • Ten Brink, Tobias
  • Gomes, Alexandre
  • Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)

Entstanden

  • 2022

Ähnliche Objekte (12)