From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
Autor(a) principal: | |
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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. |
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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 |
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1754122482180161536 |