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Summing Up Structuralist Development Macroeconomics and New Developmentalism

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  • Luiz Bresser-Pereira

Abstract

The author argues that the economic development model that has prevailed since the 1970s is outdated, if not outright wrong. He proposes a more compelling one that has a prominent place for wages and demand, structural and institutional influences, and exchange rate management. The question, then, is how to get this message heard.

Suggested Citation

  • Luiz Bresser-Pereira, 2012. "Summing Up Structuralist Development Macroeconomics and New Developmentalism," Challenge, Taylor & Francis Journals, vol. 55(5), pages 59-78.
    • Handle: RePEc:mes:challe:v:55:y:2012:i:5:p:59-78
    DOI: 10.2753/0577-5132550503
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    Citations

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    Cited by:

    1. Freire Junior, Clovis, 2017. "Promoting structural transformation: Strategic diversification vs laissez-faire approach," MERIT Working Papers 2017-037, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Alberto Botta, 2014. "The Macroeconomics of a Financial Dutch Disease," DEM Working Papers Series 089, University of Pavia, Department of Economics and Management.
    3. Guadagno, Francesca, 2016. "The determinanths of industrialisation in developing countries, 1960-2005," MERIT Working Papers 2016-031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Nelson Marconi & Igor L. Rocha & Guilherme R. Magacho, 2016. "Sectoral capabilities and productive structure: An input-output analysis of the key sectors of the Brazilian economy," Brazilian Journal of Political Economy, Center of Political Economy, vol. 36(3), pages 470-492.
    5. Botta, Alberto & Porcile, Gabriel & Spinola, Danilo & Yajima, Giuliano Toshiro, 2023. "Financial integration, productive development and fiscal policy space in developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 175-188.
    6. Freire Junior, Clovis, 2017. "Economic diversification: Explaining the pattern of diversification in the global economy and its implications for fostering diversification in poorer countries," MERIT Working Papers 2017-033, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. Bresser-Pereira, Luiz Carlos & Rossi, Pedro, 2014. "Sovereignty, exchange rate and the Euro crisis," Textos para discussão 371, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    8. Alfano, Lucia, 2022. "The new developmental state and the challenges of the socio-ecological transformation: Lessons from Argentina and Brazil," IPE Working Papers 189/2022, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    9. Kulesza, Marta, 2017. "Inflation and hyperinflation in Venezuela (1970s-2016): A post-Keynesian interpretation," IPE Working Papers 93/2017, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    10. Karsten Kohler & Engelbert Stockhammer, 2023. "Flexible exchange rates in emerging markets: shock absorbers or drivers of endogenous cycles?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 32(2), pages 551-572.
    11. Doré, Natalia I. & Teixeira, Aurora A.C., 2023. "The role of human capital, structural change, and institutional quality on Brazil's economic growth over the last two hundred years (1822–2019)," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 1-12.
    12. Franklin Serrano & Ricardo Summa, 2015. "Measuring Recovery: Aggregate Demand and the Slowdown of Brazilian Economic Growth from 2011-2014," CEPR Reports and Issue Briefs 2015-19, Center for Economic and Policy Research (CEPR).
    13. Pedro Mendes Loureiro, 2016. "Reformism, Class Conciliation And The Pink Tide: Prospects For The Working Classes Under Left-Of-Centre Governments In Latin America," Anais do XLIII Encontro Nacional de Economia [Proceedings of the 43rd Brazilian Economics Meeting] 020, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    14. Nikhat KHALID & Saba ISMAIL, 2022. "The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(630), S), pages 161-172, Spring.

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