This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea’s technological frontier in a globalized world. The paper validates Aghion et al.’s inverted-U hypothesis that industries that are closer to the...

Brazil's recent growth has been intensely pro-poor, and both poverty and inequality have declined significantly in the last decade. It has been suggested that Brazil's unexpected successes are the outcome of a new model of development. The paper argues that Brazil's unique combination of...

This study explores the question of structural change and inclusive development in South Africa and Brazil. Using Census data from the two countries, the analysis combines a household level multidimensional indicator of well-being with the applications of growth incidence curves and a sectoral...

International influence -- Explaining growth -- Comparative colonialism -- Statistical regularities -- Nested inference -- Destroying Mozambique -- Constructing Korea -- Brazilian variations -- Holistic empiricism.

This chapter analyses the demise of the Brazilian developmental state. It argues that Dilma Rousseff’s deposition in Brazil in 2016 is a result of the financial sector dropping out of the coalition, that had promoted such a U-turn in Brazilian politics, and then proceeding to consolidate a...