@techreport{54137c15a011407282c44fd312bd05a5,
title = "Resilience to shrinking as a catch-up strategy: a comparison of Brazil and Indonesia, 1964–2010",
abstract = "Development economics has long focused on growth patterns to explain countries{\textquoteright} 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. ",
keywords = "economic shrinking, income convergence, natural states, social capabilities, Latin America, Asia, N10, O20, O43",
author = "Tobias Axelsson and Igor Martins",
year = "2022",
language = "English",
series = "Lund papers in Economic History",
publisher = "Department of Economic History, Lund University",
number = "2022:233",
type = "WorkingPaper",
institution = "Department of Economic History, Lund University",
}