Tag: Economic Growth
Perspectives of underdevelopment in Africa
Africa’s relative lack of development has been cause for much debate over the historical factors that have led to their economic status. This essay...
The Asian and Western Paths of Development
Kaoru Sugihara (2013) argues that industrialisation can be viewed as two distinctive paths – the Western Path and the Asian Path. The Western Path...
Comparing Developmental Paths in East Asia, Latin America and Africa
During the 20th century, nations from the regions of East Asia, Latin America and Africa all sought to become globally competitive through industrialisation. Some,...
Understanding Brazil’s Economic Development
The study of the Brazilian state’s role in industrialisation has been split into two contested focuses: the ‘Entrepreneurial State’ (ES) and Important Substitution Industrialisation...
Gershenkron and the Positives of Backwardness
Alexander Gershenkron (1904-1978) argued that backwardness could have a relatively positive economic role in late industrialising nations. Backwardness, in Gershenkron’s sense of the word,...
Indian IT, the Bangalore Cluster and Catching Up
India was a latecomer to industrialisation but has since become a major economic power, notably in the ICT-related service industry. This essay will be...