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The new developmentalism: an institutional contribution

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  • Herton Castiglioni Lopes

Abstract

The objective of this work is analyzing the New Developmentalism throughout the French Regulation School, Veblen’s institutionalism and the Neo-Schumpeterian Approach. It aims to demonstrate, also, that the New Developmentalism is an institution when it establishes a regulation (institutional forms) that considers the structural characteristics of the developing countries. This macroeconomic configuration, together with the mental habits of the agents should strengthen the market relation, the productive investment, the innovation and the technical progress. This last one should happen through open opportunities in technological revolution, to let the ‘catching up’ of the nation less developed. JEL Classification: E02; O11; O43; B52.

Suggested Citation

  • Herton Castiglioni Lopes, 2016. "The new developmentalism: an institutional contribution," Brazilian Journal of Political Economy, Center of Political Economy, vol. 36(4), pages 807-826.
    • Handle: RePEc:ekm:repojs:v:36:y:2016:i:4:p:807-826:id:208
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/208/198
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    Keywords

    New Developmentalism; French regulation school; Veblen’s institutionalism; Neo-Schumpeterian;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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