Celso Furtado’s thinking on economic development and the Complexity Economics approach

Detalhes bibliográficos
Autor(a) principal: Poffo, Rafael
Data de Publicação: 2023
Outros Autores: Hartmann, Dominik, Marin, Solange Regina
Tipo de documento: Artigo
Idioma: por
Título da fonte: Nova Economia (Online)
Texto Completo: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7355
Resumo: Celso Furtado was an important thinker of economic development in Latin America. However, his ideas have been difficult to measure quantitatively, due to the lack of an economic theory and methodological apparatus able to depict the dynamic, unbalanced, unpredictable, and complex nature of economic development. In the 1980’s, though, complexity economics introduced complex-systems approaches into in economic analysis. In this article, we investigate the possibilities of associating fundamental aspects of Furtado’s structuralist theories, such as core-periphery structures or the need of industrial policies, to complexity thinking in general and the empirical approach of Economic Complexity in particular. We show that Complexity thinking can be linked to Furtado’s historic and structural analysis and allows to advance research on the impact of international trade on global and regional inequality as well as to reveal constraints and opportunities for structural transformation. Keywords: Celso Furtado, economic development, Complexity Thinking, Complexity Economics. JEL Codes: B20, B50.
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spelling Celso Furtado’s thinking on economic development and the Complexity Economics approachO pensamento de Celso Furtado sobre desenvolvimento econômico e a Abordagem da ComplexidadeCelso Furtado was an important thinker of economic development in Latin America. However, his ideas have been difficult to measure quantitatively, due to the lack of an economic theory and methodological apparatus able to depict the dynamic, unbalanced, unpredictable, and complex nature of economic development. In the 1980’s, though, complexity economics introduced complex-systems approaches into in economic analysis. In this article, we investigate the possibilities of associating fundamental aspects of Furtado’s structuralist theories, such as core-periphery structures or the need of industrial policies, to complexity thinking in general and the empirical approach of Economic Complexity in particular. We show that Complexity thinking can be linked to Furtado’s historic and structural analysis and allows to advance research on the impact of international trade on global and regional inequality as well as to reveal constraints and opportunities for structural transformation. Keywords: Celso Furtado, economic development, Complexity Thinking, Complexity Economics. JEL Codes: B20, B50.Celso Furtado foi um importante estudioso da economia latino-americana. Contudo, suas ideias sempre foram difíceis de investigar quantitativamente, devido à inexistência de uma metodologia condizente com o caráter dinâmico, desequilibrado, imprevisível e complexo dos fenômenos econômicos. A Abordagem da Complexidade, introduzida nos anos de 1980, propõe-se a solucionar esse problema, a partir da teoria dos sistemas complexos. Neste artigo investigamos as possibilidades de relacionar a teoria de Furtado com a Abordagem da Complexidade e a forma como os novos métodos empíricos avançam em temas fundamentais ao pensamento estruturalista, como a teoria de centro-periferia e a necessidade de formulação de políticas de desenvolvimento. Observamos que o enfoque da complexidade conecta-se com a análise histórico-estrutural de Furtado e permite aprofundar a investigação sobre as relações de desigualdade e desenvolvimento associadas ao comércio internacional e às limitações e oportunidades de mudança estrutural nas economias. Palavras-chave: Celso Furtado, desenvolvimento econômico, Complexidade Econômica, Economia da Complexidade. Códigos JEL: B20, B50.Departamento de Ciências Econômicas da UFMG2023-07-25info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7355Nova Economia; Vol. 33 No. 1 (2023): Revista Nova Economia; 07-36Nova Economia; v. 33 n. 1 (2023): Revista Nova Economia; 07-361980-53810103-6351reponame:Nova Economia (Online)instname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGporhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7355/3973Copyright (c) 2023 Rafael Poffo, Dominik Hartmann, Solange Regina Marinhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessPoffo, RafaelHartmann, DominikMarin, Solange Regina2023-12-27T01:34:31Zoai:ojs.pkp.sfu.ca:article/7355Revistahttps://revistas.face.ufmg.br/index.php/novaeconomiaPUBhttps://revistas.face.ufmg.br/index.php/novaeconomia/oai||ne@face.ufmg.br1980-53810103-6351opendoar:2023-12-27T01:34:31Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)false
dc.title.none.fl_str_mv Celso Furtado’s thinking on economic development and the Complexity Economics approach
O pensamento de Celso Furtado sobre desenvolvimento econômico e a Abordagem da Complexidade
title Celso Furtado’s thinking on economic development and the Complexity Economics approach
spellingShingle Celso Furtado’s thinking on economic development and the Complexity Economics approach
Poffo, Rafael
title_short Celso Furtado’s thinking on economic development and the Complexity Economics approach
title_full Celso Furtado’s thinking on economic development and the Complexity Economics approach
title_fullStr Celso Furtado’s thinking on economic development and the Complexity Economics approach
title_full_unstemmed Celso Furtado’s thinking on economic development and the Complexity Economics approach
title_sort Celso Furtado’s thinking on economic development and the Complexity Economics approach
author Poffo, Rafael
author_facet Poffo, Rafael
Hartmann, Dominik
Marin, Solange Regina
author_role author
author2 Hartmann, Dominik
Marin, Solange Regina
author2_role author
author
dc.contributor.author.fl_str_mv Poffo, Rafael
Hartmann, Dominik
Marin, Solange Regina
description Celso Furtado was an important thinker of economic development in Latin America. However, his ideas have been difficult to measure quantitatively, due to the lack of an economic theory and methodological apparatus able to depict the dynamic, unbalanced, unpredictable, and complex nature of economic development. In the 1980’s, though, complexity economics introduced complex-systems approaches into in economic analysis. In this article, we investigate the possibilities of associating fundamental aspects of Furtado’s structuralist theories, such as core-periphery structures or the need of industrial policies, to complexity thinking in general and the empirical approach of Economic Complexity in particular. We show that Complexity thinking can be linked to Furtado’s historic and structural analysis and allows to advance research on the impact of international trade on global and regional inequality as well as to reveal constraints and opportunities for structural transformation. Keywords: Celso Furtado, economic development, Complexity Thinking, Complexity Economics. JEL Codes: B20, B50.
publishDate 2023
dc.date.none.fl_str_mv 2023-07-25
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7355
url https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7355
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7355/3973
dc.rights.driver.fl_str_mv Copyright (c) 2023 Rafael Poffo, Dominik Hartmann, Solange Regina Marin
http://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2023 Rafael Poffo, Dominik Hartmann, Solange Regina Marin
http://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
dc.source.none.fl_str_mv Nova Economia; Vol. 33 No. 1 (2023): Revista Nova Economia; 07-36
Nova Economia; v. 33 n. 1 (2023): Revista Nova Economia; 07-36
1980-5381
0103-6351
reponame:Nova Economia (Online)
instname:Universidade Federal de Minas Gerais (UFMG)
instacron:UFMG
instname_str Universidade Federal de Minas Gerais (UFMG)
instacron_str UFMG
institution UFMG
reponame_str Nova Economia (Online)
collection Nova Economia (Online)
repository.name.fl_str_mv Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)
repository.mail.fl_str_mv ||ne@face.ufmg.br
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