Structural Change and Industrial Development in the BRICS

Hardcover | July 18, 2015

EditorWim Naude, Adam Szirmai, Nobuya Haraguchi

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This book provides a unique and timely analysis of the role of structural change in the economic development of Brazil, Russia, India, China, and South Africa (BRICS) with a consideration for the role of industry, and in particular manufacturing. The emergence of BRICS reflects an ongoingchange in the international economic order. BRICS now account for very substantial part of global GDP, global manufactured value added and global manufactured exports. The book examines their economic experiences and structural change in BRICS over the past three decades, identifying bothdifferences and commonalities, and deriving lessons for other industrializing countries. Section I contains comparative studies focusing on the commonalities and differences of the experiences of BRICS. Section II includes six country studies providing a more detailed analysis of the long-run experiences of each of the countries. Section III consists of a set of seven thematic studiesfocusing on specific topics such as global value chains, the role of transnational corporations in the food chain, the role of foreign versus domestic investment, the role of domestic versus foreign demand in economic growth the diffusion of environmental energy technology and the similarities, andthe differences in industrial policies pursued in the five countries. The book contains a summary chapter that provides an integrated perspective of the various contributions from the point of view of poverty reduction and development. It asks, whether the patterns of structural change and industrial development that BRICS experienced, had an impact on povertyoutcomes, and if so, what where the channels and the consequences?

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This book provides a unique and timely analysis of the role of structural change in the economic development of Brazil, Russia, India, China, and South Africa (BRICS) with a consideration for the role of industry, and in particular manufacturing. The emergence of BRICS reflects an ongoingchange in the international economic order. BRIC...

Wim Naude holds the Chair in Business and Entrepreneurship in Emerging Markets at the Maastricht University School of Business and Economics. He is also Dean of the Maastricht School of Management and a Research Fellow at IZA, the Institute for the Study of Labour, in Bonn, Germany. A graduate of the University of Warwick, he was prev...

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Format:HardcoverDimensions:528 pages, 9.21 × 6.14 × 1.44 inPublished:July 18, 2015Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198725078

ISBN - 13:9780198725077

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Table of Contents

1. Wim Naude, Adam Szirmai and Nobuya Haraguchi: Introduction and OverviewPART I: COMPARATIVE ANALYSES2. Nobuya Haraguchi and Gorazd Rezonja: Structural Change in the BRICS' Manufacturing Industries3. Gjalt de Vries, Abdul Erumban, Marcel Timmer, Ilya Voskoboynikov, and Harry X. Wu: Deconstructing the BRICs: Structural Transformation and Aggregate Productivity GrowthPART II: COUNTRY EXPERIENCES4. Justin Jifu Lin and Miaojie Yu: Industrial Upgrading and Poverty Reduction in China5. Ximing Yue: Structural Change, Employment, and Poverty Alleviation in China6. Boris Kuznetsov, Andrei Yakovlev, and Vladimir Gimpelson: The Manufacturing Sector in Economic Development, Employment, and Incomes: The Case of Russia7. Renato Perim Colistete and Dante Mendes Aldrighi: Industrial Growth and Structural Change: Brazil in a Long-Run Perspective8. Aradhna Aggarwal Delhi and Nagesh Kumar: Structural Change, Industrialisation and Poverty Reduction: The Case of India9. David Ellis Kaplan: The Structure and Performance of Manufacturing in South AfricaPART III: THEMATIC PERSPECTIVES10. Fred Nixson: The Dynamics of Global Value Chain Development: A BRICS Perspective11. Ruth Rama: Foreign Multinational Enterprises in the Food and Beverages Industries of BRICS12. Wim Naude, Adam Szirmai and Alejandro Lavopa: Industrialisation and Technological Change in the BRICS: The Role of Foreign and Domestic Investment13. Yanyun Zhao and Siming Liu: Investment, Technological Change and Industrial Development: The Case of China14. John Weiss: Internal and External Demand and Manufacturing Development in BRICS15. Michiko Iizuka, Isabel Maria Bodas Freitas, and Eva Dantas: The Diffusion of Renewable Energy Technologies in BRICS16. Michele Di Maio: Industrial policy in the BRICS: Similarities, Differences and Future ChallengesPART IV: CONCLUSION17. Wim Naude, Adam Szirmai, and Nobuya Haraguchi: Conclusion