Brazil and the middle-income trap: its historical roots

Please use this identifier to cite or link to this item: http://hdl.handle.net/1843/36898

Type:	Artigo de Periódico
Title:	Brazil and the middle-income trap: its historical roots
Authors:	Eduardo da Motta e Albuquerque
Abstract:	This paper evaluates the alternation between catching up periods and falling behind periods in Brazilian economic history, with data from 1870 to 2016. This alternation expresses the middle income trap. A tentative theoretical framework is presented, suggesting a two-dimensional process, with external forces (basically technological revolutions in leading countries) increasing the gap between Brazil and the leading economy, and internal forces (basically planned or unplanned internal efforts, especially industrial policies) reducing that gap. The historical origins of this long term middle income trap is discussed, with a special focus in the role of income inequality.
Subject:	Brasil - Condições econômicas - História Inovações tecnológicas - Aspectos sociais Desenvolvimento econômico Renda - Distribuição
language:	eng
metadata.dc.publisher.country:	Brasil
Publisher:	Universidade Federal de Minas Gerais
Publisher Initials:	UFMG
metadata.dc.publisher.department:	FCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICAS
Rights:	Acesso Aberto
URI:	http://hdl.handle.net/1843/36898
Issue Date:	2019
metadata.dc.url.externa:	http://www.sje.ac.kr/xml/26563/26563.pdf
metadata.dc.relation.ispartof:	Seoul Journal of Economics
Appears in Collections:	Artigo de Periódico

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