Varieties of Peripheral Growth Models

Michael Schedelik, Christian May, Andreas Nölke, Daniel Mertens, Alexandre De Podestá Gomes, Tobias ten Brink

ISBN 10: 1009546740 / ISBN 13: 9781009546744

Published by Cambridge University Press, GB, 2026

About this Item

This Element seeks to develop an empirical research agenda that explores the applicability of the growth model perspective in comparative political economy to emerging capitalist economies (ECEs). Such an approach emphasizes the variety of possible growth models and their implications for development, providing an alternative to universalizing economic models as prevalent in mainstream development discourse. Using national accounts data for several large ECEs in the period from 2001 to 2022, the authors first propose a typology of peripheral growth models with varying degrees of economic vulnerability. Most notably, they add an investment-led model to the prevalent juxtaposition of consumption-led and export-led growth models. Subsequently, they employ several case vignettes from Brazil, Indonesia, South Africa, Turkey, Thailand and Vietnam to unpack the effects of volatile international interdependencies, such as commodity cycles, and diverse political underpinnings on peripheral growth models. This title is also available as open access on Cambridge Core.

Seller Inventory # LU-9781009546744

Bibliographic Details

• Title: Varieties of Peripheral Growth Models
• Publisher: Cambridge University Press, GB
• Publication Date: 2026
• Language: English
• ISBN 10: 1009546740
• ISBN 13: 9781009546744
• Binding: Paperback
• Condition: New

About this title

Synopsis

This Element seeks to develop an empirical research agenda that explores the applicability of the growth model perspective in comparative political economy to emerging capitalist economies (ECEs). Such an approach emphasizes the variety of possible growth models and their implications for development, providing an alternative to universalizing economic models as prevalent in mainstream development discourse. Using national accounts data for several large ECEs in the period from 2001 to 2022, the authors first propose a typology of peripheral growth models with varying degrees of economic vulnerability. Most notably, they add an investment-led model to the prevalent juxtaposition of consumption-led and export-led growth models. Subsequently, they employ several case vignettes from Brazil, Indonesia, South Africa, Turkey, Thailand and Vietnam to unpack the effects of volatile international interdependencies, such as commodity cycles, and diverse political underpinnings on peripheral growth models. This title is also available as open access on Cambridge Core.