Resumen

RIVERA RIOS, Miguel Ángel. Economic Development and Historical Trajectories: An Approach to Brazil and Mexico. Prob. Des [online]. 2014, vol.45, n.179, pp.9-33. ISSN 0301-7036.

To analyze economic development as a process subject to a historical context, this work begins with a brief overview of the contributions and limitations of development economics, the pioneering school of thought in this sub-discipline. It then differentiates modern economic growth (based on continuous innovation) from delayed development and economic underdevelopment. Based on this, the study proposes a theoretical framework to unify aspects of development theory, specifically, institutional theory and some elements of complex processes, primarily path dependence. This theoretical framework is then applied in two countries, Brazil and Mexico, to define their historical development trajectories and propose an explanation for the divergent economic performance seen in these two nations.

Palabras llave : Economic development; economic growth; development theory; development economics; historical trajectory.

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