Brazil and the middle-income trap: its historical roots

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dc.creatorEduardo da Motta e Albuquerque
dc.date.accessioned2021-07-23T00:40:03Z
dc.date.accessioned2025-09-09T00:46:09Z
dc.date.available2021-07-23T00:40:03Z
dc.date.issued2019
dc.format.mimetypepdf
dc.identifier.issn27656055
dc.identifier.urihttps://hdl.handle.net/1843/36898
dc.languageeng
dc.publisherUniversidade Federal de Minas Gerais
dc.relation.ispartofSeoul Journal of Economics
dc.rightsAcesso Aberto
dc.subjectBrasil - Condições econômicas - História
dc.subjectInovações tecnológicas - Aspectos sociais
dc.subjectDesenvolvimento econômico
dc.subjectRenda - Distribuição
dc.subject.otherUnderdevelopment
dc.subject.otherDevelopment
dc.subject.otherMiddle income trap
dc.subject.otherCatching up
dc.subject.otherFalling behind
dc.titleBrazil and the middle-income trap: its historical roots
dc.typeArtigo de periódico
local.citation.epage62
local.citation.issue1
local.citation.spage23
local.citation.volume32
local.description.resumoThis 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.
local.identifier.orcidhttps://orcid.org/0000-0002-1591-875X
local.publisher.countryBrasil
local.publisher.departmentFCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICAS
local.publisher.initialsUFMG
local.url.externahttp://www.sje.ac.kr/xml/26563/26563.pdf

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