IDEAS home Printed from https://ideas.repec.org/p/unm/unumer/2016016.html
   My bibliography  Save this paper

Structural transformation in Brazil, Russia, India, China and South Africa (BRICS)

Author

Listed:
  • Naudé, Wim

    (Maastricht School of Management)

  • Szirmai, Adam

    (UNU-MERIT)

  • Haraguchi, Nobuya

    (UNIDO)

Abstract

This paper provides a comparative overview of the experiences of the BRICS countries (Brazil, Russia, India, China and South Africa) with structural transformation since the 1980s. We evaluate the different outcomes in industrialisation in these countries, explore the reasons for success (and failure); we also ask what currently industrially lagging countries can learn from the BRICS in this regard, and what impact their industrialisation had on poverty reduction. We point out that important areas for future research and current challenges remain. Foremost in this is the need for BRICS to drive their further structural economic transformation through innovation, taking into consideration their stage of development and the particulars of the sectors involved. As they develop, entrepreneurship and the role of the private sector seem to become more important. The paper is based on our edited book published in 2015 by Oxford University Press 'Structural Change and Industrial Development in the BRICS'.

Suggested Citation

  • Naudé, Wim & Szirmai, Adam & Haraguchi, Nobuya, 2016. "Structural transformation in Brazil, Russia, India, China and South Africa (BRICS)," MERIT Working Papers 2016-016, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    • Handle: RePEc:unm:unumer:2016016
    as

    Download full text from publisher

    File URL: https://unu-merit.nl/publications/wppdf/2016/wp2016-016.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Harrison, Ann & Rodríguez-Clare, Andrés, 2010. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4039-4214, Elsevier.
    2. -, 2011. "Foreign Direct Investment in Latin America and the Caribbean 2010," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1142 edited by Eclac, May.
    3. Sachs, Jeffrey D., 1996. "Notes on the life cycle of state-led industrialization," Japan and the World Economy, Elsevier, vol. 8(2), pages 153-174, June.
    4. Naude, Wim & Szirmai, Adam & Haraguchi, Nobuya (ed.), 2015. "Structural Change and Industrial Development in the BRICS," OUP Catalogue, Oxford University Press, number 9780198725077.
    5. Szirmai, Adam & Naude, Wim & Alcorta, Ludovico (ed.), 2013. "Pathways to Industrialization in the Twenty-First Century: New Challenges and Emerging Paradigms," OUP Catalogue, Oxford University Press, number 9780199667857.
    6. Tang, Mingfeng & Hussler, Caroline, 2011. "Betting on indigenous innovation or relying on FDI: The Chinese strategy for catching-up," Technology in Society, Elsevier, vol. 33(1), pages 23-35.
    7. D. S.P. Rao & Bart van Ark (ed.), 2013. "World Economic Performance," Books, Edward Elgar Publishing, number 13753.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bredow, Sabrina Monique Schenato & Cunha, André Moreira & Lélis, Marcos Tadeo Caputi, 2022. "Effects of higher commodity prices on exports of manufactures: the case of Brazil," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Naude, Wim & Nagler, Paula, 2015. "Industrialisation, Innovation, Inclusion," MERIT Working Papers 2015-043, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Lectard, Pauline & Rougier, Eric, 2018. "Can Developing Countries Gain from Defying Comparative Advantage? Distance to Comparative Advantage, Export Diversification and Sophistication, and the Dynamics of Specialization," World Development, Elsevier, vol. 102(C), pages 90-110.
    3. Jolanda Hessels & Wim Naudé, 2019. "The Intersection Of The Fields Of Entrepreneurship And Development Economics: A Review Towards A New View," Journal of Economic Surveys, Wiley Blackwell, vol. 33(2), pages 389-403, April.
    4. Michele Di Maio & Giorgio Fabbri & Vincenzo Lombardo, 2016. "Heterogeneous Entrepreneurs, Government Quality and Optimal Industrial Policy," Working Papers halshs-01340051, HAL.
    5. Erumban, Abdul Azeez & Das, Deb Kusum & Aggarwal, Suresh & Das, Pilu Chandra, 2019. "Structural change and economic growth in India," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 186-202.
    6. Naudé, Wim, 2017. "Entrepreneurship, Education and the Fourth Industrial Revolution in Africa," IZA Discussion Papers 10855, Institute of Labor Economics (IZA).
    7. Geoffrey Barrows & Hélène Ollivier & Ariell Reshef, 2023. "Production Function Estimation with Multi-Destination Firms," CESifo Working Paper Series 10716, CESifo.
    8. Philipp Harms & Pierre-Guillaume Méon, 2013. "The Growth Effects of Greenfield Investment and Mergers and Acquisitions: Econometric Investigation and Implication for MENA Countries," Working Papers 794, Economic Research Forum, revised Nov 2013.
    9. Philippe Aghion & Jing Cai & Mathias Dewatripont & Luosha Du & Ann Harrison & Patrick Legros, 2022. "Industrial Policy and Competition," World Scientific Book Chapters, in: Globalization, Firms, and Workers, chapter 15, pages 349-380, World Scientific Publishing Co. Pte. Ltd..
    10. Alicia H. Dang & Roberto Samaniego, 2022. "R&D, Industrial Policy and Growth," JRFM, MDPI, vol. 15(8), pages 1-42, August.
    11. Lavopa, Alejandro & Szirmai, Adam, 2018. "Structural modernisation and development traps. An empirical approach," World Development, Elsevier, vol. 112(C), pages 59-73.
    12. Olivier N. Godart & Holger Görg, 2016. "Suppliers of multinationals and the forced linkage effect: Evidence from firm level data," World Scientific Book Chapters, in: MULTINATIONAL ENTERPRISES AND HOST COUNTRY DEVELOPMENT, chapter 15, pages 277-288, World Scientific Publishing Co. Pte. Ltd..
    13. Tang, Yingkai & Zhang, Kevin H., 2016. "Absorptive capacity and benefits from FDI: Evidence from Chinese manufactured exports," International Review of Economics & Finance, Elsevier, vol. 42(C), pages 423-429.
    14. Hermann Sebastian Dehnen & Jan H. van Dinther & Norbert Koubek, 2013. "From emerging economies toward the Emerging Triad," Schumpeter Discussion Papers SDP13008, Universitätsbibliothek Wuppertal, University Library.
    15. Michaud, Amanda & Rothert, Jacek, 2014. "Optimal borrowing constraints and growth in a small open economy," Journal of International Economics, Elsevier, vol. 94(2), pages 326-340.
    16. Thomas Goda & Alejandro Torres, 2013. "Overvaluation of the real exchange rate and the Dutch Disease: the Colombian case," Documentos de Trabajo de Valor Público 10930, Universidad EAFIT.
    17. Laura Alfaro, 2017. "Gains from Foreign Direct Investment: Macro and Micro Approaches," The World Bank Economic Review, World Bank, vol. 30(Supplemen), pages 2-15.
    18. Costinot, Arnaud & Rodríguez-Clare, Andrés, 2014. "Trade Theory with Numbers: Quantifying the Consequences of Globalization," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 197-261, Elsevier.
    19. Moralles, Herick Fernando & Moreno, Rosina, 2020. "FDI productivity spillovers and absorptive capacity in Brazilian firms: A threshold regression analysis," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 257-272.
    20. B�lent Ulaşan, 2015. "Trade openness and economic growth: panel evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 22(2), pages 163-167, January.

    More about this item

    Keywords

    Structural change; industrialisation; manufacturing; development; entrepreneurship; innovation; Brazil; Russia; India; China; and South Africa (BRICS);
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unm:unumer:2016016. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ad Notten The email address of this maintainer does not seem to be valid anymore. Please ask Ad Notten to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/meritnl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.