IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v36y2016i2p237-265id181.html

Reflecting on new developmentalism and classical developmentalism

Author

Listed:
  • Luiz Carlos Bresser-Pereira

Abstract

Reflecting on new developmentalism and classical developmentalism. This paper, first, distinguishes new developmentalism, a new theoretical system that is being created, from really existing developmentalism – a form of organizing capitalism. Second, it distinguishes new developmentalism from its antecedents, Development Economics or classical developmentalism and Keynesian Macroeconomics. Third, it discusses the false opposition that some economists have adopted between new developmentalism and social-developmentalism, which the author understands as a form of really existing developmentalism; as theory, it is just a version of classical developmentalism with a bias toward immediate consumption. Finally, it makes a summary of new developmentalism – of its main political economy, economic theory and economic policy claims. JEL Classification: B20; O59; E10.

Suggested Citation

  • Luiz Carlos Bresser-Pereira, 2016. "Reflecting on new developmentalism and classical developmentalism," Brazilian Journal of Political Economy, Center of Political Economy, vol. 36(2), pages 237-265.
    • Handle: RePEc:ekm:repojs:v:36:y:2016:i:2:p:237-265:id:181
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/181/171
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Judit Ricz, 2016. "Developmental states in the 21st century - analytical structure of a new approach," IWE Working Papers 223, Institute for World Economics - Centre for Economic and Regional Studies.
    2. Ariel Dvoskin & Germán David Feldman, 2018. "A formal assessment of new-developmentalist theory and policy," Brazilian Journal of Political Economy, Center of Political Economy, vol. 38(3), pages 395-413.
    3. Basil Oberholzer, 2021. "Managing commodity booms: Dutch disease and economic performance," PSL Quarterly Review, Economia civile, vol. 74(299), pages 307-323.
    4. Gomes Schapiro Mario & Pereira Saylon Alves, 2019. "Developmental State with Neoliberal Tools: A Portrait of the Brazilian Housing Financial System," The Law and Development Review, De Gruyter, vol. 12(2), pages 457-493, June.
    5. Bresser-Pereira, Luiz Carlos & Araújo, Eliane Cristina & Costa Peres, Samuel, 2020. "An alternative to the middle-income trap," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 294-312.
    6. Bresser Pereira, Luiz Carlos, 2019. "Models of the developmental state," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    7. Bresser-Pereira, Luiz Carlos, 2017. "How to neutralize the Dutch disease notwithstanding the natural resources curse," Textos para discussão 452, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    8. Gala, Paulo & Camargo, Jhean & Magacho, Guilherme & Rocha, Igor, 2018. "Sophisticated jobs matter for economic complexity: An empirical analysis based on input-output matrices and employment data," Structural Change and Economic Dynamics, Elsevier, vol. 45(C), pages 1-8.
    9. Gabriel Porcile & Giuliano Toshiro Yajima, 2019. "New Structuralism and the balance-ofpayments constraint," Review of Keynesian Economics, Edward Elgar Publishing, vol. 7(4), pages 517-536, October.
    10. Carlos Aguiar de Medeiros & Nicholas Trebat, 2016. "Latin America at a Crossroads: Controversies on Growth, Income Distribution and Structural Change," Centro Sraffa Working Papers CSWP22, Centro di Ricerche e Documentazione 'Piero Sraffa'.
    11. Ugurlu, Esra Nur & Razmi, Arslan, 2023. "Political economy of real exchange rate levels," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 918-940.
    12. Paulo Gala & Igor Rocha & Guilherme Magacho, 2018. "The structuralist revenge: economic complexity as an important dimension to evaluate growth and development," Brazilian Journal of Political Economy, Center of Political Economy, vol. 38(2), pages 219-236.
    13. 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).
    14. Thomas Palley, 2022. "More on the limits of New Developmentalism," Working Papers PKWP2213, Post Keynesian Economics Society (PKES).
    15. Nassif, André & Morandi, Lucilene & Araújo, Eliane & Feijó, Carmem, 2020. "Economic development and stagnation in Brazil (1950–2011)," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 1-15.
    16. Bresser-Pereira, Luiz Carlos, 2017. "The economics and the political economy of new-developmentalism," Textos para discussão 464, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    17. Nitin Nair, 2023. "When Minsky and Godley Met Structuralism: A Stock-Flow Consistent Approach to the Currency Hierarchy," Economics Working Paper Archive wp_1024, Levy Economics Institute.
    18. Christian Agu & Jonathan Emenike Ogbuabor & Benjamin Udoka Onah, 2025. "How are Economic Governance Institutions Moderating the Effect of Economic Complexity on Trade, FDI Inflow, Environmental Degradation, and Economic Growth in Africa?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(2), pages 9536-9567, June.
    19. Yoan Molinero-Gerbeau & Ana López-Sala & Monica Șerban, 2021. "On the Social Sustainability of Industrial Agriculture Dependent on Migrant Workers. Romanian Workers in Spain’s Seasonal Agriculture," Sustainability, MDPI, vol. 13(3), pages 1-17, January.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:36:y:2016:i:2:p:237-265:id:181. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.