Revisiting the concept of Economic Development and the School of Thought of Developmentalism in Economics

Isaías de Moraes

Brazilian Journal of Political Economy, 2023, vol. 43, issue 1, 26-47

Abstract: This paper aims to revisit and systematize the concepts of EconomicDevelopment and Developmentalism. The hypothesis raised by the research isthat due to the historical-social procedurality of Economic Sciences, the termsEconomic Development and Developmentalism can be categorized differently byepistemological and didactic option nowadays. The article opted to perform abibliographic study. The methodological procedures for selecting the referenceswere bibliographic research focused on the authors with historical, concrete and inductive analysis of the economy and the phenomenon of economicdevelopment. The results obtained are that the terms Economic Development andDevelopmentalism can be categorized differently, one as a concept used by severalschools of economic thought; other as a School of Economic Thought, which hasfour theoretical currents (Classical Developmentalism, Social Developmentalism,New Developmentalism, Socialist Market Developmentalism). JEL Classification: B20; O10; N01.

Keywords: Economic development; developmentalism; economic theory; history of economic thought (search for similar items in EconPapers)
Date: 2023
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