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Global growth and international cooperation: a structuralist perspective

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  • Mario Cimoli
  • Gabriel Porcile

Abstract

This paper revisits the structuralist ideas on trade and growth and suggests (based on the Prebisch's principle of implicit reciprocity) that policies for promoting structural change in the periphery may lead to higher global growth and a better income distribution across countries. The paper discusses the inter-relations and complementarities that exist between autonomous expenditure and industrial and technology policies in the long run. With this objective, we develop a structuralist growth model in which the technology gap and the growth rate of the domestic autonomous expenditure are endogenously determined in a two-country (centre and periphery) international economy. Copyright The Author 2010. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

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Bibliographic Info

Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

Volume (Year): 35 (2011)
Issue (Month): 2 ()
Pages: 383-400

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Handle: RePEc:oup:cambje:v:35:y:2011:i:2:p:383-400

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Cited by:
  1. André Nassif & Carmem Feijó & Eliane Araújo, 2013. "Structural Change And Economic Development: Is Brazil Catching Up Or Falling Behind?," UNCTAD Discussion Papers 211, United Nations Conference on Trade and Development.
  2. Porcile, Gabriel & de Souza, Alexandre Gomes & Viana, Ricardo, 2011. "External debt sustainability and policy rules in a small globalized economy," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 269-276, September.
  3. Mario Cimoli & Gabriel Porcile, 2011. "Tecnología, heterogeneidad y crecimiento: un caja de herramientas estructuralista," Working Papers 0119, Universidade Federal do Paraná, Department of Economics.
  4. Cimoli, Mario & Porcile, Gabriel, 2011. "Technology, structural change and BOP constrained growth: A structuralist toolbox," MPRA Paper 33800, University Library of Munich, Germany.
  5. Francesco Bogliacino, 2012. "Cimoli, M., Dosi, G. and Stiglitz, J. E. (eds.): Industrial policy and development. The political economy of capabilities accumulation," Journal of Economics, Springer, vol. 105(3), pages 285-287, April.

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