Política cambial, conflito de classes e desenvolvimento econômico na perspectiva de Celso Furtado

Lúcio Otávio Barbosa, Frederico Jayme Jr and Fabricio Missio
Additional contact information
Lúcio Otávio Barbosa: Planning Department of Minas Gerais (SEPLAG-MG)

No 562, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: The aim of this paper is to analyze the contributions of Celso Furtado regarding the role of exchange rate policy and its relation with social conflict in the economic growth of peripheral economies. For that, we regain Furtado’s analyses about the Venezuelan case and in The Economic Formation of Brazil. We highlight two main conclusions from such works: i) exchange rate appreciation due to natural resources curse harms economic growth; ii) exchange rate policy is mainly a phenomenon associated with political economy, in which social conflict emerges. Hence, we claim that Furtado’s thought is still actual.

Keywords: Development; exchange rate policy; social conflict. (search for similar items in EconPapers)
JEL-codes: B1 B5 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2017-07
New Economics Papers: this item is included in nep-his, nep-hme and nep-hpe
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cedeplar.ufmg.br/pesquisas/td/TD%20562.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdp:texdis:td562

Ordering information: This working paper can be ordered from
Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil

Access Statistics for this paper

More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Gustavo Britto ().