From classical developmentalism and post-Keynesian macroeconomics to new developmentalism

Detalhes bibliográficos
Autor(a) principal: BRESSER-PEREIRA,LUIZ CARLOS
Data de Publicação: 2019
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000200001
Resumo: ABSTRACT New developmentalism was a response to the inability of classical developmentalism and post-Keynesian macroeconomics in leading middle-income countries to resume growth. New developmentalism was born in the 2000s to explain why Latin American countries stopped growing in the 1980s, while East Asian countries continued to catch up. This paper compares new developmentalism with classical developmentalism, which didn’t have a macroeconomics, and with post-Keynesian economics, whose macroeconomics is not devoted to developing countries. And shows that to follow the East Asian example is not enough industrial policy, it is also necessary a macroeconomic policy that sets the five macroeconomic prices right, rejects the growth with foreign savings policy, and keeps the macroeconomic accounts balanced.
id EDITORA_34-1_53587285501386692eb201c2faf6aba9
oai_identifier_str oai:scielo:S0101-31572019000200001
network_acronym_str EDITORA_34-1
network_name_str Revista de Economia Política
repository_id_str
spelling From classical developmentalism and post-Keynesian macroeconomics to new developmentalismClassical developmentalismpost-Keynesian macroeconomicsEast Asian countriesLatin American countriesABSTRACT New developmentalism was a response to the inability of classical developmentalism and post-Keynesian macroeconomics in leading middle-income countries to resume growth. New developmentalism was born in the 2000s to explain why Latin American countries stopped growing in the 1980s, while East Asian countries continued to catch up. This paper compares new developmentalism with classical developmentalism, which didn’t have a macroeconomics, and with post-Keynesian economics, whose macroeconomics is not devoted to developing countries. And shows that to follow the East Asian example is not enough industrial policy, it is also necessary a macroeconomic policy that sets the five macroeconomic prices right, rejects the growth with foreign savings policy, and keeps the macroeconomic accounts balanced.Centro de Economia Política2019-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000200001Brazilian Journal of Political Economy v.39 n.2 2019reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572019-2966info:eu-repo/semantics/openAccessBRESSER-PEREIRA,LUIZ CARLOSeng2019-04-29T00:00:00Zoai:scielo:S0101-31572019000200001Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2019-04-29T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
title From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
spellingShingle From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
BRESSER-PEREIRA,LUIZ CARLOS
Classical developmentalism
post-Keynesian macroeconomics
East Asian countries
Latin American countries
title_short From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
title_full From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
title_fullStr From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
title_full_unstemmed From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
title_sort From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
author BRESSER-PEREIRA,LUIZ CARLOS
author_facet BRESSER-PEREIRA,LUIZ CARLOS
author_role author
dc.contributor.author.fl_str_mv BRESSER-PEREIRA,LUIZ CARLOS
dc.subject.por.fl_str_mv Classical developmentalism
post-Keynesian macroeconomics
East Asian countries
Latin American countries
topic Classical developmentalism
post-Keynesian macroeconomics
East Asian countries
Latin American countries
description ABSTRACT New developmentalism was a response to the inability of classical developmentalism and post-Keynesian macroeconomics in leading middle-income countries to resume growth. New developmentalism was born in the 2000s to explain why Latin American countries stopped growing in the 1980s, while East Asian countries continued to catch up. This paper compares new developmentalism with classical developmentalism, which didn’t have a macroeconomics, and with post-Keynesian economics, whose macroeconomics is not devoted to developing countries. And shows that to follow the East Asian example is not enough industrial policy, it is also necessary a macroeconomic policy that sets the five macroeconomic prices right, rejects the growth with foreign savings policy, and keeps the macroeconomic accounts balanced.
publishDate 2019
dc.date.none.fl_str_mv 2019-06-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000200001
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572019000200001
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31572019-2966
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.39 n.2 2019
reponame:Revista de Economia Política
instname:EDITORA 34
instacron:EDITORA_34
instname_str EDITORA 34
instacron_str EDITORA_34
institution EDITORA_34
reponame_str Revista de Economia Política
collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
_version_ 1754122482180161536