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 (ISI). Kesidou (2004) argues that the former theory is more important in examining the state and industrialisation in Brazil. This essay is in no way implying that either ES or ISI …

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 outlining how the Bangalore IT cluster developed and how this demonstrates that India can catch up with industrialised countries, but through its own methods. A cluster, in this sense, refers to …