The real mechanisms of the global economy

Detalhes bibliográficos
Autor(a) principal: Asensio,Angel
Data de Publicação: 2010
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=S0101-31572010000400009
Resumo: The paper presents the main arguments of Bresser Pereira's Globalization and Competition. Development strategies based on the 'conventional orthodoxy' are shown to carry serious drawbacks ("Dutch disease", pernicious effects of external saving, currency overvaluation), while a 'new developmentalism' is promoted, in spite of the widespread belief that the nation-states have been dispossessed of their room for manoeuvre because of the globalization process. The "new developmentalism" is based on domestic finance, balanced public budgets, moderate interest rates and competitiveness policies aimed at neutralizing the tendency to exchange rate overappreciation. The paper also points out a few theoretical questions the book raises.
id EDITORA_34-1_fa3403b18e099a1feb2788dbb01306c0
oai_identifier_str oai:scielo:S0101-31572010000400009
network_acronym_str EDITORA_34-1
network_name_str Revista de Economia Política
repository_id_str
spelling The real mechanisms of the global economyexchange ratecurrency overvaluationgrowthexternal savingnew developmentalismThe paper presents the main arguments of Bresser Pereira's Globalization and Competition. Development strategies based on the 'conventional orthodoxy' are shown to carry serious drawbacks ("Dutch disease", pernicious effects of external saving, currency overvaluation), while a 'new developmentalism' is promoted, in spite of the widespread belief that the nation-states have been dispossessed of their room for manoeuvre because of the globalization process. The "new developmentalism" is based on domestic finance, balanced public budgets, moderate interest rates and competitiveness policies aimed at neutralizing the tendency to exchange rate overappreciation. The paper also points out a few theoretical questions the book raises.Centro de Economia Política2010-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572010000400009Brazilian Journal of Political Economy v.30 n.4 2010reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/S0101-31572010000400009info:eu-repo/semantics/openAccessAsensio,Angeleng2010-12-06T00:00:00Zoai:scielo:S0101-31572010000400009Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2010-12-06T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv The real mechanisms of the global economy
title The real mechanisms of the global economy
spellingShingle The real mechanisms of the global economy
Asensio,Angel
exchange rate
currency overvaluation
growth
external saving
new developmentalism
title_short The real mechanisms of the global economy
title_full The real mechanisms of the global economy
title_fullStr The real mechanisms of the global economy
title_full_unstemmed The real mechanisms of the global economy
title_sort The real mechanisms of the global economy
author Asensio,Angel
author_facet Asensio,Angel
author_role author
dc.contributor.author.fl_str_mv Asensio,Angel
dc.subject.por.fl_str_mv exchange rate
currency overvaluation
growth
external saving
new developmentalism
topic exchange rate
currency overvaluation
growth
external saving
new developmentalism
description The paper presents the main arguments of Bresser Pereira's Globalization and Competition. Development strategies based on the 'conventional orthodoxy' are shown to carry serious drawbacks ("Dutch disease", pernicious effects of external saving, currency overvaluation), while a 'new developmentalism' is promoted, in spite of the widespread belief that the nation-states have been dispossessed of their room for manoeuvre because of the globalization process. The "new developmentalism" is based on domestic finance, balanced public budgets, moderate interest rates and competitiveness policies aimed at neutralizing the tendency to exchange rate overappreciation. The paper also points out a few theoretical questions the book raises.
publishDate 2010
dc.date.none.fl_str_mv 2010-12-01
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=S0101-31572010000400009
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572010000400009
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/S0101-31572010000400009
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.30 n.4 2010
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_ 1754122481020436480

Registros relacionados