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Celso Furtado and the Brazilian economic thought

Author

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  • Guido Mantega

Abstract

Celso Furtado’s works mark both the appearance and the consolidation of theBrazilian economic thought. His main works (like Formação Econômica do Brasil and Desenvolvimentoe Subdesenvolvimento) established the reference basis for the economic debatethat has taken place in the last thirty years in Brazil. The theory of underdevelopment,elaborated by Celso Furtado, supplied the theoretical basis of development, the doctrinewhich guided several Latin American governments’ economic policies, and asserted the establishmentof industrialization in Brazil. This article seeks to recompose the steps for theconstitution of the theory of underdevelopment, explaining the main theoretical questionsabout that problem and its practical results. JEL Classification: B22; B31.

Suggested Citation

  • Guido Mantega, 1989. "Celso Furtado and the Brazilian economic thought," Brazilian Journal of Political Economy, Center of Political Economy, vol. 9(4), pages 480-488.
    • Handle: RePEc:ekm:repojs:v:9:y:1989:i:4:p:480-488:id:1625
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    More about this item

    Keywords

    History of economic thought; Furtado; structuralism; Eclac;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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