CEU Electronic Theses and Dissertations, 2013
| Author | Neumann, Stefan Andreas |
|---|---|
| Title | IMPORT SUBSTITUTION INDUSTRIALIZATION AND ITS CONDITIONALITIES FOR ECONOMIC DEVELOPMENT- A COMPARATIVE ANALYSIS OF BRAZIL AND SOUTH KOREA |
| Summary | This paper investigates on the basis of a cross-regional comparative case study under which conditions Import Substitution Industrialization (ISI) can lead to different economic and social outcomes. ISI caused several distortions that had negative impacts on state autonomy and a functioning bureaucracy, income distribution and social equality. ISI fostered rent-seeking activities in South Korea and Brazil and made institutional capacities of the state less effective and efficient. South Korea could overcome ISI distortions and shifted towards export-oriented growth due to its inherited institutional structure and social justice within the society. The other side of the coin shows higher industrial growth and a structural change in Brazil. Nevertheless, Brazil had to rely on a growth-cum-debt strategy in order to deal with the distortions of ISI. |
| Supervisor | Thomas Fetzer |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2013/neumann_stefan.pdf |
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