Advanced Search
MyIDEAS: Login to save this article or follow this journal

Estado, mercado e desenvolvimento: uma nova síntese para o século XXI?


Author Info

  • Boyer, Robert
Registered author(s):


    Concerning economic and social development, radical differences of view have yielded to a distinct convergence over the last 20 years: to the extent that both State and market intervention have their limits, it is better to combine their specificities and action than to privilege one over the other. Leave strategic decisions to the State and let the market make the day-to-day decisions regarding the allocation of goods that do not presuppose social choice. Experience confirms that the "all State" approach leads to a dead-end, just as the "all market" approach has obvious limitations as regards labour (unemployment, inequality), finance (the potentially disruptive role of speculation) or the environment (the need for government standards). Microeconomic theories confirm the restrictive conditions required for an optimal market equilibrium, analysis of endogenous technical progress gives renewed importance to public intervention to foster development (education, infrastructure, innovation) and contemporary political economy shows that the State does not always act exclusively in favour of development. Alternating between interventionist strategies on the one hand and liberal ones on the other is thus not inevitable. The crisis in Asian countries since 1997 opens the prospect of a new synthesis for the 21st century: the search, as the basis for development, for complementarities between the State and the market, based on other institutional arrangements with rich potential for new forms of economic co-ordination.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Article provided by Instituto de Economia, Universidade Estadual de Campinas (UNICAMP) in its journal Revista Economia e Sociedade.

    Volume (Year): 12 (1999)
    Issue (Month): (January)
    Pages: 20

    as in new window
    Handle: RePEc:euc:ancoec:v:12:y:1999:p:1-20

    Contact details of provider:
    Postal: Caixa Postal: 6135 - CEP 13083-970, Campinas - SP - Brasil
    Phone: (019) 788-5726
    Fax: (019) 289-1512
    Web page:
    More information through EDIRC

    Related research

    Keywords: Employment; Wage; Employment policies; Institutional theory of growth;


    No references listed on IDEAS
    You can help add them by filling out this form.



    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:euc:ancoec:v:12:y:1999:p:1-20. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antonio Carlos Macedo e Silva).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.