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Is it still possible for the developing countries to do their catching up in the 21st century?

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  • Ligia Zagato

Abstract

In this paper we analyze whether developing countries are able to do their catching up in the context of the 21st century. To do sowe review some case studies of countries that are already considered developed - England, United States, Japan and South Korea. We support the argument that all these nations have adopted similar strategies of development, which included emulation, adoption of industrial policies, investment on innovation and the existence of an active State. We believe that if this strategy is adapted to incorporate new national and international contexts, it will remain suitable for the promotion of development. JEL Clasification: O11; O14; O25; O31; O38; O40; O50.

Suggested Citation

  • Ligia Zagato, 2019. "Is it still possible for the developing countries to do their catching up in the 21st century?," Brazilian Journal of Political Economy, Center of Political Economy, vol. 39(3), pages 527-543.
  • Handle: RePEc:ekm:repojs:v:39:y:2019:i:3:p:527-543:id:47
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    More about this item

    Keywords

    Catching up; development; developmentalism; emulation; industrial policy; innovation;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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