Arbeitspapier
Industrialization Lessons from BRICS: A Comparative Analysis
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the manufacturing sector. We show that three of the BRICS are experiencing de-industrialization (Brazil, Russia and South Africa). China is the only country where an expanding manufacturing sector accounts for a significant part of aggregate growth. We explore the differences in patterns and causes of manufacturing between China and the other BRICS. These differences are down to differences in industrial policy: in China industrial policy supported both foreign and domestic investment for technological catch-up. It is the only country where FDI favoured the manufacturing sector and manufactured exports, and where domestic investment started becoming increasingly important compared to FDI from 1995 onward.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7543
- Klassifikation
-
Wirtschaft
Multinational Firms; International Business
Industrial Policy; Sectoral Planning Methods
Enterprise Policy
Industrial Policy
Economic Growth and Aggregate Productivity: General
Technological Change: Choices and Consequences; Diffusion Processes
Intellectual Property and Intellectual Capital
- Thema
-
foreign direct investment
multinational enterprises
industrialization
technology
innovation
entrepreneurship
Brazil
Russia
China
India
South Africa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Naudé, Wim A.
Szirmai, Adam
Lavopa, Alejandro
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Naudé, Wim A.
- Szirmai, Adam
- Lavopa, Alejandro
- Institute for the Study of Labor (IZA)
Entstanden
- 2013
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