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Global growth and international cooperation: a structuralist perspective

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  • Mario Cimoli
  • Gabriel Porcile

Abstract

This paper revisits the structuralist ideas on trade and growth and suggests (based on the Prebisch's principle of implicit reciprocity) that policies for promoting structural change in the periphery may lead to higher global growth and a better income distribution across countries. The paper discusses the inter-relations and complementarities that exist between autonomous expenditure and industrial and technology policies in the long run. With this objective, we develop a structuralist growth model in which the technology gap and the growth rate of the domestic autonomous expenditure are endogenously determined in a two-country (centre and periphery) international economy. Copyright The Author 2010. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Suggested Citation

  • Mario Cimoli & Gabriel Porcile, 2011. "Global growth and international cooperation: a structuralist perspective," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 35(2), pages 383-400.
    • Handle: RePEc:oup:cambje:v:35:y:2011:i:2:p:383-400
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    File URL: http://hdl.handle.net/10.1093/cje/beq019
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    Citations

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    Cited by:

    1. Gabriel Porcile & Danilo Sartorello Spinola, 2018. "Natural, Effective and BOP-Constrained Rates of Growth: Adjustment Mechanisms and Closure Equations," PSL Quarterly Review, Economia civile, vol. 71(285), pages 139-160.
    2. Spinola, Danilo, 2023. "Instability constraints and development traps: an empirical analysis of growth cycles and economic volatility in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. Ganguly, Arpan & Spinola, Danilo, 2024. "Growth and distribution regimes under global value chains: Diversification, integration, and uneven development," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 634-649.
    4. André Nassif & Carmem Feijó & Eliane Araújo, 2015. "Structural change and economic development: is Brazil catching up or falling behind?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 39(5), pages 1307-1332.
    5. Mario Cimoli & Gabriel Porcile, 2014. "Technology, structural change and BOP-constrained growth: a structuralist toolbox," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(1), pages 215-237.
    6. Cimoli, Mario & Porcile, Gabriel, 2011. "Tecnologia, heterogeneidad y crecimiento: una caja de herramientas estructuralista [Technology, heterogeneity and Growth: A Structuralist Toolbox]," MPRA Paper 33801, University Library of Munich, Germany.
    7. Porcile, Gabriel & de Souza, Alexandre Gomes & Viana, Ricardo, 2011. "External debt sustainability and policy rules in a small globalized economy," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 269-276, September.
    8. Francesco Bogliacino, 2012. "Cimoli, M., Dosi, G. and Stiglitz, J. E. (eds.): Industrial policy and development. The political economy of capabilities accumulation," Journal of Economics, Springer, vol. 105(3), pages 285-287, April.
    9. Althouse, Jeffrey & Guarini, Giulio & Gabriel Porcile, Jose, 2020. "Ecological macroeconomics in the open economy: Sustainability, unequal exchange and policy coordination in a center-periphery model," Ecological Economics, Elsevier, vol. 172(C).
    10. Michael Peneder, 2023. "Evolutionary Economic Policy and Competitiveness," WIFO Working Papers 662, WIFO.

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