Reflecting on new developmentalism and classical developmentalism

Luiz Carlos Bresser-Pereira ()

No 395, Textos para discussão from FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil)

Abstract: This paper, first, distinguishes new developmentalism, a new theoretical system that is being created, from really existing developmentalism – a form of organizing capitalism. Second, it distinguishes new developmentalism from its antecedents, Development Economics or classical developmentalism and Keynesian Macroeconomics. Third, it discusses the false opposition that some economists have adopted between new developmentalism and social-developmentalism, which the author understands as a form of really existing developmentalism; as theory, it is just a version of classical developmentalism with a bias toward immediate consumption. Finally, it makes a summary of new developmentalism – of its main political economy, economic theory and economic policy claims

Date: 2015-07-23
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Journal Article: Reflecting on new developmentalism and classical developmentalism (2016)
Journal Article: Reflecting on new developmentalism and classical developmentalism (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:fgv:eesptd:395

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