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Furtado, North and the New Economic History


  • Mauro Boianovsky

    (Universidade de Brasília (UnB), Brazil)


Some parallels are drawn between Celso Furtado’s structural and Douglass North’s neo-institutional approaches to economic history. It is argued that both authors interpreted the economic history of Brazil and the United States respectively in the context of the investigation of the economic growth process, under the influence of the staples approach to trade and growth. Against some commentators, it is shown that Furtado did pay attention to quantitative evidence. The role of colonial rules is also highlighted in the search for an explanation of the divergent long-run performances of the Brazilian and North-American economies.

Suggested Citation

  • Mauro Boianovsky, 2009. "Furtado, North and the New Economic History," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 10(4), pages 849-866.
  • Handle: RePEc:anp:econom:v:10:y:2009:i:4:849_866

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    More about this item


    Celso Furtado; Douglass North; New Economic History; Structuralism; Institutions;

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods


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