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The macroeconomic policy in a social-developmentalist strategy

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  • Pedro Rossi
  • AndreÌ Biancarelli

Abstract

The present paper aims to discuss the relationships between the macroeconomic policy fronts (exchange rate, monetary and fiscal) and an ideal development project, whose constituent elements were presented, in part, over the past presidential terms in Brazil, but whose contents need to be revisited, deepened and complemented. This strategy, here called as "social-developmentalist", has its social components contextualized and summarized in the first part of the paper. While the second part focuses on the institutional framework of each of these three policy fronts and assesses their recent conduct in Brazil, in the light of the preceding considerations.

Suggested Citation

  • Pedro Rossi & AndreÌ Biancarelli, 2014. "The macroeconomic policy in a social-developmentalist strategy," Competence Centre on Money, Trade, Finance and Development 1406, Hochschule fuer Technik und Wirtschaft, Berlin.
    • Handle: RePEc:mtf:wpaper:1406
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    References listed on IDEAS

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    1. Robert N McCauley & Patrick McGuire, 2009. "Dollar appreciation in 2008: safe haven, carry trades, dollar shortage and overhedging," BIS Quarterly Review, Bank for International Settlements, December.
    2. Bresser-Pereira, Luiz Carlos & Gala, Paulo, 2010. "Macroeconomia estruturalista do desenvolvimento," Textos para discussão 275, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    3. Luiz Carlos Bresser-Pereira, 2008. "The Dutch disease and its neutralization: a Ricardian approach," Brazilian Journal of Political Economy, Center of Political Economy, vol. 28(1), pages 47-71.
    4. Marion Kohler, 2010. "Exchange rates during financial crises," BIS Quarterly Review, Bank for International Settlements, March.
    5. Sérgio Wulff Gobetti & Raphael Rocha Gouvêa & Bernardo Patta Schettini, 2010. "Resultado Fiscal Estrutural: Um Passo Para a Institucionalização de Políticas Anticíclicas no Brasil," Discussion Papers 1515, Instituto de Pesquisa Econômica Aplicada - IPEA.
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    Cited by:

    1. José Artur dos Santos Ferreira & Cândido Guerra Ferreira, 2017. "Um fordismo “atrofiado”?: considerações a respeito do modo de desenvolvimento do capitalismo no Brasil : retrospecto histórico e situação atual," Textos para Discussão Cedeplar-UFMG 559, Cedeplar, Universidade Federal de Minas Gerais.

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