The political economy of high-tech industries in developing countries: aerospace in Brazil, Indonesia and South Africa

Author: Goldstein A.

Source: Cambridge Journal of Economics, Volume 26, Number 4, July 2002 , pp. 521-538(18)

Publisher: Oxford University Press

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Abstract:

This paper explores the dynamics of high-tech industrialisation in three emerging countries with sub-regional power ambitions in the peculiar case of aerospace. The focus of the analysis is on the interaction between economic and political factors, at both the domestic and the international levels. The three (initially) state-owned firms show diverging fortunes that reflect differences in the ability to align the ownership structure to the financial requirements of technological upgrading, to adopt modern management practices, to participate actively in the internationalisation of global supply chains, and to garner the support of domestic interest groups.

Language: English

Document Type: Original article

Affiliations: starfOECD Development Centre, Paris.

Publication date: 2002-07-01

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  • The Cambridge Journal of Economics, founded in 1977 in the traditions of Marx, Keynes, Kalecki, Joan Robinson and Kaldor, provides a forum for theoretical, applied, policy and methodological research into social and economic issues.
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