Innovation Catching Up for Developing Countries

2017 ◽  
pp. 411-420
Author(s):  
Pawel Dobrzanski
Keyword(s):  
Developing Countries ◽  
Catching Up

Searching for new Sources of growth. Are the Developing Countries Catching up with the Developed ones?

2015 ◽  
pp. 30-53
Author(s):  
V. Popov
Keyword(s):  
Developing Countries ◽  
Western Europe ◽  
Gdp Per Capita ◽  
The West ◽  
Catching Up ◽  
The Us ◽  
The World ◽  
Economic Divergence ◽  
Per Capita ◽  
Relative Standing

This paper examines the trajectory of growth in the Global South. Before the 1500s all countries were roughly at the same level of development, but from the 1500s Western countries started to grow faster than the rest of the world and PPP GDP per capita by 1950 in the US, the richest Western nation, was nearly 5 times higher than the world average and 2 times higher than in Western Europe. Since 1950 this ratio stabilized - not only Western Europe and Japan improved their relative standing in per capita income versus the US, but also East Asia, South Asia and some developing countries in other regions started to bridge the gap with the West. After nearly half of the millennium of growing economic divergence, the world seems to have entered the era of convergence. The factors behind these trends are analyzed; implications for the future and possible scenarios are considered.

Automotive Industry in BRIC Countries

2014 ◽  
pp. 55-65
Author(s):  
S. Afanas'ev ◽  
V. Kondrat’ev
Keyword(s):  
Developing Countries ◽  
Automotive Industry ◽  
Developing Economies ◽  
Cost Effective ◽  
State Regulation ◽  
Bric Countries ◽  
Final Assembly ◽  
Catching Up ◽  
The Future ◽  
Assembly Operations

For the next decade, the future of the automotive industry lies in BRIC’ countries. Together, Brazil, Russia, India, and China will account for some 30 percent of world auto sales in 2014 while also offering significant opportunities for cost-effective R&D, sourcing, and manufacturing. The authors analyze the degree of localization of leading TNC and supplies in each BRIC country, for each function, compare localization across BRIC countries, assess the future development of these markets, compare local capabilities and resources, and identify particularly promising combinations of functions and countries. Key trends in developing countries include continuing liberalization and globalization, increased foreign investment and ownership, and the increasing importance of follow-source and follow-design forces. The article concerns the trends and factors of national automotive industry formation in BRIC countries. Special emphasis is made on localization of R&D activities, final assembly operations and components production by global automotive companies in BRIC countries. It systemizes the factors of investment opportunities of different developing markets. It is concluded that active state regulation is playing the principle role in localization and catching-up process in automotive industry in developing countries. The comparison of the automotive industry in BRIC countries allows shedding light on the economic processes of emergence at large. There is a stark contrast in the capacities of development of the sector in these countries. This contrast serves as an analyzer between the modes of sector opening and the paths of technological catching-up that is the core of the phenomenon of emergence. The analysis and best practices presented in the topic, while focusing on the BRIC countries, are applicable also to other rapidly developing economies.

Availability of Infrastructure Facilities in India

2017 ◽  
pp. 143-163
Author(s):  
Soumyadip Chattopadhyay ◽  
Sampriti Pal
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Rural Areas ◽  
Strong Relationship ◽  
Publicly Funded ◽  
Enabling Environment ◽  
Catching Up ◽  
Private Financing ◽  
Government Level

It has been a well-accepted fact that there exists a strong relationship between infrastructure and economic growth. Like many other developing countries, lot of emphasis has been placed on the importance of investments in infrastructure for fostering economic growth in India. A state-wise analysis of five support infrastructure in India shows improvement in infrastructural facilities in 2014 as compared to 2007. Rural–urban gap is converging for most of the states, showing that the rural areas are catching up with their urban counterparts. However, the availability of infrastructure can be termed anything but inadequate. The infrastructural deficits can be met possibly through better management of publicly funded projects and greater role of private players. Given the resource crunch at government level, private financing of investment is simply a matter of necessity rather than a matter of choice. Therefore, this chapter argues for creation of an enabling environment and to facilitate the infusion of adequate private fund while keeping the interest of vulnerable sections in mind.

scholarly journals Convergence? More developing countries are catching up

2017 ◽  
pp. 7-22
Author(s):  
Vladimir Popov ◽  
Jomo Kwame Sundaram
Keyword(s):  
Developing Countries ◽  
Catching Up

Book Reviews

2014 ◽  
Vol 52 (4) ◽  
pp. 1189-1191
Keyword(s):  
Developing Countries ◽  
Graduate School ◽  
Economic History ◽  
Professor Emeritus ◽  
The West ◽  
Catching Up ◽  
History Of ◽  
Great Divergence ◽  
The Difference

Branko Milanovic, a Presidential Professor at the CUNY Graduate Center, reviews “Mixed Fortunes: An Economic History of China, Russia, and the West”, by Vladimir Popov. The Econlit abstract of this book begins: “Provides an interpretation of the ""Great Divergence" and the ""Great Convergence" stories, analyzing why Western countries grew rich and developing countries struggled to keep up, focusing on China and Russia. Discusses how the West became rich--stylized facts and a literature review; why the West became rich first and why some developing countries are catching up, while others are not; Chinese and Russian economies under central planning--why the difference in outcomes?; Chinese and Russian economies since reforms--transformational recession in Russia and acceleration of growth in China; and growth miracles and failures--lessons for development economics. Popov is with the Department of Economic and Social Affairs of the United Nations, Professor Emeritus at the New Economic School in Moscow, and Professor in the Graduate School of International Business at the Russian Presidential Academy of the National Economy and Public Administration in Moscow.”

scholarly journals FDI, Multinationals, and Structural Change in Developing Countries

2021 ◽  
pp. 494-523
Author(s):  
André Pineli ◽  
Rajneesh Narula ◽  
René Belderbos
Keyword(s):  
Developing Countries ◽  
Structural Change ◽  
Multinational Enterprises ◽  
Trade Openness ◽  
Firm Boundaries ◽  
Best Interest ◽  
Comprehensive Overview ◽  
Catching Up ◽  
Country Differences ◽  
Control Of Corruption

This chapter provides a comprehensive overview of the extant knowledge linking activities of multinational enterprises (MNEs) and structural change in developing countries. The balance of payments approach, which focuses on investment, is criticized. The exact configuration of the MNE will result from the interaction between the ownership of assets of the firm and the location-specific assets of countries, and the extent to which the firm perceives it to be in its best interest to organize these assets within the firm boundaries, that is, to internalize the market. The East Asian experiences suggest that FDI is just one of the possible vehicles of knowledge acquisition, and that the investment development path could be redefined in terms of technological catching-up. Cross-country differences in the FDI–structural change nexus seem to be associated with the financial development and the level of control of corruption of the countries but not with trade openness.

Technological Revolutions, Structural Change, and Catching up

2021 ◽  
pp. 131-155
Author(s):  
Jan Fagerberg ◽  
Bart Verspagen
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Renewable Energy ◽  
Structural Change ◽  
Final Section ◽  
Foreign Technology ◽  
Technological Revolution ◽  
The Past ◽  
Catching Up

This chapter interprets the transition to a more sustainable type of growth as a technological revolution in progress. The chapter opens with a general discussion of the role of technological revolutions and structural change and economic growth, with special emphasis on the acquisition of foreign technology, exports, and catching-up-based growth. It then goes on to examine whether the transition to renewable energy can be seen as a technological revolution in line with the great technological revolutions of the past. The answer to this question is in the affirmative. The final section discusses the implications of this for catching-up-based growth in China and other developing countries.

Are developing countries catching up?

2017 ◽  
Vol 42 (1) ◽  
pp. 33-46 ◽  
Author(s):  
Vladimir Popov ◽  
K S Jomo
Keyword(s):  
Developing Countries ◽  
Catching Up
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