South Korea’s and China’s catching-up: a new-developmentalist analysis
Autor(a) principal: | |
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Data de Publicação: | 2020 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572020000200264 |
Resumo: | ABSTRACT The purpose of this paper is to analyze the catching-up processes of South Korea and post-1978 reforms China, based on a new-developmentalist approach that considers four fundamental factors: 1) a complementarity relationship between the state and the market as a dynamic process that changes over time; 2) necessary complementarity between macroeconomic policy and industrial policy; 3) the key role of public and development banks in attacking the problem of “development financing”; and a particular focus on 4) the centrality of exchange rate and balance of payments administration for the development process in these countries. The paper’s fundamental question is to what extent the catching-up process in these countries can be understood as the application of a new-developmentalist strategy, taking each country’s particular historical traits into account. |
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South Korea’s and China’s catching-up: a new-developmentalist analysisEast AsiaChinacatching-updevelopmental macroeconomicsnew-developmentalist strategyABSTRACT The purpose of this paper is to analyze the catching-up processes of South Korea and post-1978 reforms China, based on a new-developmentalist approach that considers four fundamental factors: 1) a complementarity relationship between the state and the market as a dynamic process that changes over time; 2) necessary complementarity between macroeconomic policy and industrial policy; 3) the key role of public and development banks in attacking the problem of “development financing”; and a particular focus on 4) the centrality of exchange rate and balance of payments administration for the development process in these countries. The paper’s fundamental question is to what extent the catching-up process in these countries can be understood as the application of a new-developmentalist strategy, taking each country’s particular historical traits into account.Centro de Economia Política2020-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572020000200264Brazilian Journal of Political Economy v.40 n.2 2020reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572020-3102info:eu-repo/semantics/openAccessBRESSER-PEREIRA,LUIZ CARLOSJABBOUR,ELIASPAULA,LUIZ FERNANDO DEeng2020-04-13T00:00:00Zoai:scielo:S0101-31572020000200264Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2020-04-13T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
title |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
spellingShingle |
South Korea’s and China’s catching-up: a new-developmentalist analysis BRESSER-PEREIRA,LUIZ CARLOS East Asia China catching-up developmental macroeconomics new-developmentalist strategy |
title_short |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
title_full |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
title_fullStr |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
title_full_unstemmed |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
title_sort |
South Korea’s and China’s catching-up: a new-developmentalist analysis |
author |
BRESSER-PEREIRA,LUIZ CARLOS |
author_facet |
BRESSER-PEREIRA,LUIZ CARLOS JABBOUR,ELIAS PAULA,LUIZ FERNANDO DE |
author_role |
author |
author2 |
JABBOUR,ELIAS PAULA,LUIZ FERNANDO DE |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
BRESSER-PEREIRA,LUIZ CARLOS JABBOUR,ELIAS PAULA,LUIZ FERNANDO DE |
dc.subject.por.fl_str_mv |
East Asia China catching-up developmental macroeconomics new-developmentalist strategy |
topic |
East Asia China catching-up developmental macroeconomics new-developmentalist strategy |
description |
ABSTRACT The purpose of this paper is to analyze the catching-up processes of South Korea and post-1978 reforms China, based on a new-developmentalist approach that considers four fundamental factors: 1) a complementarity relationship between the state and the market as a dynamic process that changes over time; 2) necessary complementarity between macroeconomic policy and industrial policy; 3) the key role of public and development banks in attacking the problem of “development financing”; and a particular focus on 4) the centrality of exchange rate and balance of payments administration for the development process in these countries. The paper’s fundamental question is to what extent the catching-up process in these countries can be understood as the application of a new-developmentalist strategy, taking each country’s particular historical traits into account. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-06-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572020000200264 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572020000200264 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0101-31572020-3102 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.40 n.2 2020 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
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1754122482481102848 |