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From imports to imitation: How R&D subsidies drove industrial growth in Brazil
Brazil’s R&D subsidy programme spurred long-term growth by helping financially constrained companies adopt foreign technologies and expand into high-tariff markets through import substitution.
Public R&D and Brazil’s agricultural revolution
It is often argued that returns to R&D are low in developing countries, making imported technologies a better path to growth. Yet technologies designed for frontier nations may not fit local conditions, limiting their productivity gains. This column ...
How can countries develop their economies in a changed world?
The global environment for development has changed, so development policies should change too. This podcast looks back at predictions from 2018, and discusses what the current geopolitical situation means for future growth policy.
