DEVELOPMENT PROJECTS AND GROWTH UNDER FINANCE DOMINATION. THE CASE OF BRAZIL DURING THE LULA YEARS (2003-2007)

Fabio Stefano Erber

Revue Tiers-Monde, 2008, vol. n° 195, issue 3, 597-629

Abstract: The paper analyses the attempts of the LULA administration to establish a new development convention in Brazil and argues that the limited and uneven growth achieved during this period can be ascribed to the strength of a coalition of interests structured around very high interest rates paid on the public debt. Such coalition is intellectually and ideologically supported by the prevailing convention about ?economic sound fundamentals? and presents strong path-dependence features. The paper argues that the Brazilian case is just an extreme case of a wider species of development.

Keywords: Economic development; development projects; interests coalition; financial domination (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=RTM_195_0597 (application/pdf)
http://www.cairn.info/revue-tiers-monde-2008-3-page-597.htm (text/html)
free

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:cai:rtmarc:rtm_195_0597

Access Statistics for this article

More articles in Revue Tiers-Monde from Armand Colin
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().